AMS Accountants Group acquires Seneca Corporate Finance

Professional services firm AMS Accountants Group has announced its acquisition of Seneca Corporate Finance, a mid-market corporate finance boutique operating in the northwest from investment management firm Seneca Partners.  

The acquisition is said to strengthen the services already offered by AMS, which has recently been recognised as one of the fastest growing mid-market professional services firms in the industry.  

It is reported that following the transaction, Seneca will be rebranding and will focus on its core investment management business. 

Seneca is said to have a team of corporate finance specialists advising business owners and management teams within the mid-market that are seeking to sell, acquire or raise capital and debt for their businesses. 

In addition, the firm’s acquisition is reportedly in line with its strategy to “substantially” increase its presence in the corporate finance market through organic growth and acquisitions. 

Ebrahim Sidat, CEO of AMS Accountants Group, said: “Gordon and the team have established a great reputation within the mid-market corporate finance market and we are excited about being able to offer our clients and network good quality corporate finance advice. 

“The AMS Group as a whole has strong organic growth, which has been bolstered by three strategic acquisitions this year, with 3 more currently in legal status to complete by the end of year. We have doubled our staff count this year alone and have many positions available across the group for ambitious individuals that are looking to take more control over their career progression and be the best they can be.” 

He added: “We look forward to completing the end of the year with unprecedented growth for the AMS Group and more importantly, a fantastic management team, forging the foundation for sustainable future growth.” 

Gordon Lane, managing director of Seneca Corporate Finance, said: “We are delighted to be joining the AMS Group as we see a strong cultural fit centred around core values such as client satisfaction and employee empowerment. We have a strong team and a pipeline of work which will only be enhanced by the quality client base within the AMS Group. 

“As a leadership team we have ambitious growth plans to become the leading mid-market corporate finance team in the North-west and the capital base to make it happen.”