Gravita acquires Critchleys

Gravita has announced its acquisition of Oxford-based firm Critchleys for an undisclosed amount.

Critchleys has nearly 120 years’ experience working with clients in the Thames Valley.

employs 85 people and serves over 1,000 businesses in Oxfordshire, across the UK and overseas.

It has 1,500 private clients and a strong stable of over 250 clients in the charity and education sectors.

This announcement follows the integration of Davis Grant and Carter Backer Winter (CBW) in 2023 and Arram Berlyn Gardner (ABG) and Propel, formerly part of Deloitte, in 2022.

Backed by private equity investor Tenzing, Gravita now has a headcount of over 400 and offices in London, Oxford and Essex.

Caroline Plumb, CEO at Gravita, said: “From our earliest conversations, it was clear the team at Critchleys are exceptional and well respected by clients, with relationships often going back decades.

“Both firms share the view that investing in people is paramount to long-term success, and we’re focused on offering a platform to take team training, development and overall employee experience to the next level. We’re also delighted to establish a presence in Oxfordshire, with its innovative growth businesses and expertise in life sciences and emerging technologies.”

Robert Kirtland, senior partner at Critchleys, said: “For more than 100 years, Critchleys has been a fundamental part of the Oxford ecosystem as a flourishing independent business. Choosing a partner who really understands our approach and the value we bring to clients was at the heart of our decision to partner with Gravita.

“As the accountancy sector evolves at pace, Gravita’s tech-enabled approach will allow us to continue to grow while maintaining the culture that has driven our success to date. In Gravita, we have found kindred spirits who share our vision for the future.”