LB Group

Today’s news in brief – 02/12/2024

MHA has posted a 32% revenue growth, reaching £99M for the six months ending September 2024. With nearly all offices achieving double-digit growth, revenues are expected to surpass £200M by the financial year’s end. Key growth areas include audit, tax, financial services, and technology. MHA has expanded with 416 new…

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Sovereign Capital Partners launches new challenger accounting brand

LB Group, Sovereign Capital Partners’ chartered accountancy portfolio business, has completed its sixth acquisition and launched Affinia, a new corporate brand.  Having invested in LB Group in May 2023, the private equity firm has worked closely with the management team on an “extensive” buy and build programme over the past…

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Today’s news in brief – 26/9/2024

Azets is launching a wealth management service in Yorkshire, led by experienced financial planners Matt Knott, Tom Lester, and Andy Kilby. The service will cater to private clients and business owners across the region, leveraging Azets’ national expertise in financial planning. Targeting businesses with a £2.5m to £6m turnover for…

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LB Group appoints 10 new apprentices

LB Group has announced the appointment of 10 new apprentices to its 2024/25 intake. The apprentices will work across several of LB Group’s departments from tax to audit, as well as business advisory, and will have the opportunity to gain a range of professional chartered/accredited ICAEW ACA, ACCA, AAT, CTA,…

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LB Group receives Sovereign Capital Partners backing

LB Group, a chartered accountancy services firm, has received a majority backing from Sovereign Capital Partners, a UK private equity Buy and Build specialist.  Headquartered in Colchester and with offices in London, Ipswich and Chelmsford, LB Group provides accountancy, taxation, outsourced CFO and business advisory and compliance services to start-ups,…

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