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DSG Accountants completes MBO

DSG Accountants completes MBO

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DSG Accountants has announced that it has completed a strategic management buyout which will allow it to stay autonomous.

The MBO, led by tax partner Mark Kearsley and corporate partner Laura Leslie, reinforces the firm’s alignment with its core client base of owner-managed businesses.

Existing partners Andrew Moss and Jean Ellis, who retain a stake in the business, will continue to play active roles and will work closely with the new leadership team going forward.

DSG has enjoyed steady growth over the last few years, with headcount now standing at 110 and the firm reporting a fee income of £7.6m for the year ending April 2024.

Leslie said: “In an industry where many firms are merging or seeking external investment, DSG’s decision to remain independent speaks volumes about our confidence in the future. This approach allows us to stay true to our clients and continue our growth on our own terms.”

Kersley added: “Looking ahead, the new leadership team is focused on unlocking further growth by strengthening the management structure, investing in cutting-edge technology, and nurturing the next generation of talent.

“Remaining independent is about more than control; it’s about building a business that truly reflects the values and aspirations of our clients. We have ambitious plans for DSG and this is the first step on that journey.”

HSBC UK, Liverpool Team supported the funding and Matt Murphy of Watts Commercial Finance provided debt advisory.

Glenville Walker provided legal advice to the buy side and Lupton Fawcett advised the sell side.

 

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