Consolidation
Our coverage on consolidation focuses on the mergers, acquisitions, and strategic integrations reshaping the structure and competitive dynamics of the UK accountancy sector. Accountancy Today reports on firm consolidations at regional and national levels, including private equity-backed roll-ups, network expansions, and succession-driven mergers. We analyse the financial, operational, and regulatory implications of consolidation, particularly its impact on service delivery, leadership structures, and market share. Our editorial also explores how consolidation affects client relationships, talent retention, and branding within an evolving professional services landscape. This coverage provides accountants, partners, and advisers with critical insight into one of the defining trends influencing the future of accountancy firms.
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Jul- 2025 -10 JulyBusiness
Grant Thornton US and UK arms in race to acquire German counterpart
Grant Thornton’s UK and US firms are competing to acquire their German counterpart in a private equity-led push to consolidate the network’s international structure, according to the Financial Times. People familiar with the matter told the FT that Grant Thornton Germany is reviewing bids from both parties. The contest reflects…
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May- 2025 -22 MayNews-In-Brief
Today’s news in brief – 22/5/2025
Deloitte UK will reduce bonuses, promotions, and average pay rises for its consulting arm after a year of lower-than-expected profits, though slightly higher than the previous year. According to a staff memo, consulting underperformed significantly, prompting a 20% average bonus cut. Audit also missed targets, while tax, legal, and deals…
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22 MayAccounting Firms
Ecovis DCA secures investment from BGF
Irish-owned accountancy firm Ecovis DCA has secured a significant investment from BGF, the growth capital investor in Ireland and the UK. Ecovis DCA has grown its Irish business organically and through acquisition and intends to pursue additional acquisitions in Ireland following the BGF investment. Founded by Declan Dolan and Eamonn…
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12 MayNews-In-Brief
Today’s news in brief – 12/5/2025
MHA has agreed to acquire Baker Tilly South East Europe (BTSEE) for up to €24m (£20.25m), marking a key step in its international expansion. BTSEE operates in Cyprus, Greece, and Southeast Europe, offering audit, tax, legal, and advisory services. The firm generated €19.4m in revenue in 2024, with €3.9m EBITDA…
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12 MayPeople Moves
FCA appoints permanent exec director for payments and digital finance
The FCA has appointed David Geale as permanent executive director for payments and digital finance, and managing director of the Payment Systems Regulator (PSR). In his role Geale will be responsible for helping to deliver the National Payments Vision and driving the FCA’s work on open banking and digital finance. …
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12 MayFeatures
How AI is modernising procurement in 2025
Artificial intelligence has evolved from a futuristic concept to a transformative force revolutionising how organisations approach procurement worldwide. The technology offers unprecedented opportunities to enhance efficiency, reduce costs, and build more resilient supply chains. For accountancy professionals, this evolution presents opportunities to strengthen financial oversight and deliver more strategic value…
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9 MayFeatures
Red Tape Removed? Why the FCA’s shake-up could reshape London IPOs
Last week, (28 April) Nikhil Rathi, CEO of the Financial Conduct Authority, revealed in an interview with the Times a number of proposed changes to the regulations around IPOs, aiming to cut red tape in the City. The proposals are looking to make London a more attractive place for companies…
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Apr- 2025 -28 AprilNews-In-Brief
Today’s news in brief – 28/4/2025
Karen Scholes CA has been appointed president of the Institute of Chartered Accountants of Scotland (ICAS) for 2025/26, making her the sixth woman to hold the role in ICAS’ 171-year history. Scholes, partner director of Scholes CA, succeeds Alison Cornwell CA. Her leadership will focus on the evolving role of…
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Mar- 2025 -7 MarchBusiness
James Cowper Kreston advises AccountsIQ on ExpenseIn acquisition
James Cowper Kreston has provided financial and tax due diligence to AccountsIQ, a provider of cloud-based accounting software backed by Axiom Equity, on its acquisition of ExpenseIn. AccountsIQ offers cloud-based accounting solutions designed to “simplify” financial management. Its platform provides tools for financial consolidation, reporting, and real-time analysis, enabling businesses…
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Feb- 2025 -21 FebruaryBusiness
ForrestBrown expands location strategy advisory service
ForrestBrown has expanded its offering to include location strategy consulting to support firms investing in new regions or countries through growth or consolidation. ForrestBrown takes a four-stage approach to location strategy, beginning with defining the project and factors critical to its success, before evaluating and ranking locations using agreed criteria.…
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