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Today’s news in brief – 27/8/2024

FRP Corporate Finance has advised BrightCloud Group on its sale to Gamma Communications, a technology-based communication services provider. BrightCloud, a specialist in Contact Center as a Service (CCaaS) and customer experience (CX) solutions, is a leading European partner for Cisco. The acquisition enhances Gamma’s CCaaS and CX capabilities, aligning with its goal to become a leading managed service provider across Europe. The deal, managed by FRP’s James Mines, Ed Shurville-Darlington, and Madhavi Morjaria, strengthens Gamma’s strategic partnership with Cisco and expands its offerings in the enterprise and public sectors.

Hurst has welcomed five new trainees—Hannah Davidson, Angus Hall, Ella Halsall, Danielle Morrison, and Daniel Saysell—bringing its total trainee intake for the year to nine. These new recruits will join the business services team to work towards becoming chartered accountants. The trainees come from diverse academic backgrounds, including accounting, finance, and forensic psychology. Hurst, which recently moved its head office to a new location in Stockport, aims to grow its staff from 120 to 170 over the next three years. The firm emphasises a comprehensive training program that includes technical and soft skills development.

Wbg, a Scotland-based independent accounting, tax, and audit firm, has joined the Ayrshire Chamber of Commerce following the opening of its Prestwick office. The firm aims to support the local business community by offering specialised business advice, including financial well-being programs and R&D tax advice. Wbg has consolidated its offices in Saltcoats and Kilmarnock under a unified brand, now operating in six locations across the UK. The firm’s membership in the Chamber is expected to benefit local businesses by providing cost-effective, expert services that enhance employee well-being and business growth.

PKF Smith Cooper has appointed Qais Hussain as its new Learning and Development executive. Hussain, a qualified accountant with six years of audit experience, will focus on supporting trainees in their academic pursuits and serve as their day-to-day contact. The Learning and Development team, established last year, underscores the firm’s commitment to nurturing homegrown talent. Hussain’s role will involve coaching, leadership development, and providing guidance during the firm’s bi-annual promotion process. His firsthand experience in audit and accounting will help him relate to trainees and assist them in balancing work and study effectively.

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