Today’s news in brief – 26/2/2025
Accountancy firm Fortus has acquired Charles Stewart and Co, strengthening its compliance capabilities and expanding in Leeds. The firm reported record revenues in 2025 and expects to surpass £10m in 2026. CEO Craig Herbert emphasised maintaining client service while leveraging combined expertise for growth. Former Charles Stewart and Co owner, Andrew Charles, now a director at Fortus, highlighted the acquisition’s benefits, including expanded services for clients and career security for employees. The move aligns with Fortus’ five-year growth strategy, enhancing its market presence and fostering a culture-driven approach to business expansion in Leeds and beyond.
Hazlewoods Corporate Finance team ranked in the UK’s Top 10 for M&A advisory for the fifth consecutive year, as per Experian Market IQ’s 2024 report. The firm completed 134 transactions worth over £1.2bn, marking a 20% year-on-year increase. It maintained strong regional standings across London, the Midlands, and Yorkshire, while making significant gains in Wales. Partner Richard Dade attributed this success to the team’s expertise and client-first approach. With continued investor confidence and strong demand for high-quality assets, Hazlewoods anticipates another active year in M&A, positioning itself to help clients navigate evolving market conditions and maximise business value.
Lovewell Blake has promoted Georgia Camilleri to manager at its Bury St Edmunds office. Camilleri, who joined in 2004 and became a chartered certified accountant in 2009, has been based at the office since its 2012 opening. The location has since grown to 30 staff members. She previously managed a diverse portfolio in the business services department, covering sole traders, partnerships, and limited companies. Senior partner Simon Watson praised Lovewell Blake’s commitment to employee development, citing Camilleri’s progression as a testament to the firm’s dedication to nurturing talent and providing clear career advancement opportunities within the organisation.
MHA’s corporate finance team was ranked the 18th most active M&A advisor in the UK for 2024, according to Experian’s MarketIQ review. The firm supported 52 deals, including 24 in the North West, where it climbed from ninth to fifth place. The ranking follows MHA’s April 2024 merger with MHA Moore and Smalley, forming the UK’s 13th largest accountancy group. Head of Corporate Finance Andrew Feeke credited the firm’s growth to its national team, quality advisory services, and strong client relationships. As a Baker Tilly International member, MHA continues to expand its global reach in mid-market financial advisory.
