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Today’s news in brief – 17/7/2024

Sumer has acquired Staffordshire-based DPC Chartered Accountants to enhance its regional growth. Operating from Stoke-on-Trent, DPC offers audit, accounts, tax advice, compliance counsel, payroll, and business services. Known for its 50% female partner ratio and strong client relationships, DPC has been chosen for its strategic location between Sumer’s existing Hubs, Cowgills and Jerroms. Warren Mead, CEO of Sumer, praised DPC’s potential for economic growth and alignment with Sumer’s values. DPC director Michelle Coates highlighted the synergy between the firms, emphasizing their shared commitment to diversity and SME support, making Sumer an ideal partner.

DJH has partnered with Derby-based Ashgates, reinforcing its strategic growth through mergers and acquisitions. This expansion follows DJH’s recent partnerships with Lyon Griffiths, Haines Watts, Revell Ward, DTE, and Minford Dental. CEO Scott Heath emphasized Ashgates’ cultural fit and comprehensive service range, including IT support, which will enhance DJH’s offerings. Ashgates director Tony Lymn highlighted the benefits for clients and staff, including access to additional specialist services and continued investment in team development. The partnership aims to strengthen both firms’ capabilities and create new opportunities for their teams and clients.

Hurst has appointed Luc Couyava as its new corporate finance executive. Couyava, returning to the North West from HMT, brings experience advising on acquisitions and private equity investments. His appointment comes as Hurst’s corporate finance business grows, with a team of eight M&A experts and over 100 colleagues in business services, tax, and digital teams. Couyava will support clients across various sectors and transactions. Nigel Barratt, head of Hurst Corporate Finance, praised Couyava’s motivation and deal experience. Couyava expressed excitement about joining Hurst and contributing to its continued expansion and client service excellence.

UHY Hacker Young has promoted four new directors in its London and Nottingham offices. Skevi Iacovou, with over ten years at UHY, becomes director in the turnaround and recovery team, focusing on corporate insolvencies. Irfan Topia, promoted to director in the corporate finance department, brings experience from a “Big 4” firm, advising on valuations and private equity deals. Julie Parry, with UHY since 2005, becomes director in the Nottingham audit team, specializing in sectors like charity and construction. Salima Visram, promoted in the business accounting services department, has been with UHY since 2012, focusing on residential service charge accounts.

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