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RMT Accountants and Business Advisors, which is part of Sumer, has announced the acquisition of Ribchesters Chartered Accountants in Durham City.
With Sumer’s backing, the acquisition aims to enhance RMT’s commercial strategy for growth, strengthening both firms’ client service offerings across audit and accounting, recovery and insolvency, specialist tax, business advice and corporate finance in the North East and beyond.
Ribchesters’ team, which now operates as RMT Ribchesters, will continue delivering its range of services to corporates, owner-managed businesses and individuals.
The firm’s expertise within the charity, education and legal sectors will also further bolster RMT’s sector offering.
Together, the combined practice includes 10 directors and a team of over 120 employees.
Mike Pott, managing director at RMT Accountants, said: “The unification of our practices reflects our shared commitment to provide top-tier professional services, with a personal touch. Ribchesters’ renowned expertise will boost our ability to deliver specialised solutions to clients, both existing and new, across a much broader area.”
Rob Ribchester, director at RMT Ribchesters, added: “Beyond sharing a business model, this is also a union of mutual values and ambitions, promising a brighter, more innovative future for both clients and team members.”
Sumer currently has 11 regional accountancy Hubs – Carpenter Box, Cowgills, DPC Accountants, EQ Chartered Accountants, Jerroms, Monahans, RMT, R.T. Marke and Co, Scrutton Bland, Simmons Gainsford Group and Sumer Northern Ireland – which boasts more than 40 offices and over 1,350 colleagues.
The group also launched Sumer Law in June this year, offering legal services to Sumer’s SME client base, focusing on corporate, commercial, and employment advice.
