Accountancy firm plots future growth steps after takeover
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An independent accountancy and business advisory firm has hailed a “wonderful opportunity” for growth after being bought by a fellow market operator.
Tait Walker has been taken over by Azets. And Andrew Moorby, Tait Walker managing partner, says the deal will help the Gosforth-headquartered firm “enter the next phase” of its “long and successful journey.”
The tie-up has seen more than 170 TaitWalker staff transfer to Azets, including 12 partners.
The deal is Azets’ third in four months, taking its UK regional network to 84 offices. Tait Walker bosses say the agreement will see clients benefit from Azets’ technological investments, such as its CoZone platform, which provide customers with tools and information to receive realtime advice.
Andrew said: “Azets is a business which shares our clear focus on people and clients – it is the perfect fit both strategically and culturally.
“As part of Azets, existing and new SME clients will benefit from an even broader set of specialist expertise, as they continue to drive forward the UK’s economic recovery.”
Peter Gallanagh, Azets UK’s regional chief executive for the North, added: “Tait Walker has a strong regional reputation for its personable approach and specialist expertise which, combined with Azets’ local and international reach, opens up a wealth of opportunities for our clients.”
As well as its Gosforth headquarters, Tait Walker’s office estate includes bases in Stockton, Morpeth, Durham City and Carlisle.
Azets’ regional footprint includes sites in Sunderland, Hexham, Wynyard, Crook and Guisborough, in east Cleveland.