Today’s news in brief – 2/09/2024
TC Group has completed a merger with Stokoe Rodger, a long-standing accountancy firm based in Gateshead and Hexham. This merger is part of TC Group’s broader strategy to expand its presence through acquisitions, having already acquired several firms this year, including Harland Accountants and Citroen Wells. Stokoe Rodger’s partner, Mark Bradley, expressed confidence in the merger, highlighting shared values in client relationships and career opportunities for staff. TC Group’s M&A partner, Shiv Shah, emphasised the strategic fit and the expansion of services and resources for clients in the North East.
Grant Thornton UK has appointed Nathan Reay as a partner to strengthen its Technology, Media, and Telecommunications (TMT) M&A division. Reay brings over 20 years of global experience in investment banking and corporate strategy, having worked in major cities like Hong Kong, Sydney, and London. His expertise includes managing media companies, leading technology joint ventures, and serving on investment boards. Reay aims to expand Grant Thornton’s TMT capabilities both in the UK and globally. His appointment is expected to enhance the firm’s strategic M&A offerings and support clients in evolving their business models.
Evelyn Partners has appointed Rachel Bleakley as an associate director in its Birmingham financial planning team. With previous experience at Succession Wealth, Fisher Investments, and Chase de Vere Medical, Bleakley will focus on providing wealth management and retirement planning services, particularly to female business owners and executives. Based at the Birmingham office, she will help expand Evelyn Partners’ personal and business financial services. Managing partner Niraj Vyas praised Bleakley’s skills and commitment to supporting female entrepreneurs, emphasising her potential to add significant value to clients and the firm’s strategic partnerships.
BHP has appointed Melanie Foster as its first Chief Information Officer (CIO) to lead the firm’s data and technology strategy. Foster, with nearly two decades of experience in technology innovation within financial services, will focus on integrating AI and advancing internal processes to enhance client services. She aims to leverage technological advancements to improve efficiency and service quality at BHP. Lisa Leighton, BHP’s joint CEO, highlighted the appointment as a commitment to staying ahead in the industry and embracing technology as a key enabler for the firm’s talented teams.
