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Evelyn Partners has announced that it has acquired Cambridge-based chartered accountants Ashcroft Partnership.
Ashcroft Partnership is a firm that offers a range of assurance, corporate finance, business and personal tax services.
It has specialist sector expertise in landed estates, farming and agriculture, real-estate, the leisure and hospitality sector and supporting technology entrepreneurs.
The team at Ashcroft comprises 40 people and Evelyn hope the deal will expand the firm’s professional services presence in the East of England.
Andrew Wilkes, chief professional services director at Evelyn, said: “We are delighted to have reached an agreement to acquire Ashcroft Partnership LLP. Dominic Anthony, Tom Gallop and Adrian Wilson have built a highly respected firm with a great client base and one which is a very complimentary fit with Evelyn Partner both in terms of expertise and culture. Like Evelyn Partners, Ashcroft is committed to building productive and lasting relationships that add real, discernible value to clients.
“Strategically this acquisition will further develop our professional service presence in the East of England, supporting our ambition of being able to provide our range of professional services to businesses and private clients right across the UK. I look forward to welcoming the Ashcroft team to the partnership group, where their expertise and experience will be a great asset to us in developing our professional services offering in the East of England.”
Adrian Wilson, senior partner and founder of Ashcroft, added: “Ashcroft has been on an amazing journey since 2020. We always had a fast-paced growth strategy and when we were approached by Evelyn Partners it was clear that their commitment to developing the professional services offering in the East of England aligned with our own ambitions.
“Their range and depth of resource have been key to the decision, as was ensuring our clients continue to receive the premium service and experience they have come to expect.”
