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Baldwins Accountancy Group acquires Wynyard-based Evolution

North East chartered accountancy firm Evolution has become part of Baldwins Accountancy Group.

Evolution, which has offices in Newcastle and Wynyard, will become part of the national accountancy firm which boasts a turnover of £40m and now employs over 550 staff.

Martin Barber, Managing Partner at Evolution, said: “Since Evolution was created six years ago from a management buyout we have grown consistently and doubled our workforce, and becoming part of the Baldwins Group will allow us to bring our fresh, dynamic approach to an even wider audience.

“This is very much the next chapter in the development of our business. Our clients will get access to an even broader range of business advisers and we will be able to connect them to even more potential customers and suppliers across the UK. Our people will also have a broader range of career options to look forward to.”

He added: “We have recently moved into new headquarters in Wynyard and have opened our office in Newcastle. Our growth demonstrates that our approach to advising clients is one they find attractive and that, as entrepreneurs ourselves, we know how to build a successful business.”

This move is part of Baldwins’ national strategic expansion plans for 2016, and follows a deal that saw another North East accountancy firm Rowlands Accountants join forces with Baldwins earlier this year.

John Baldwin, Director at Baldwins, said: “Rowlands has given us an exceptional start in the North East and now we have the confidence to further invest in the region with Evolution, continuing to build on the excellent brand of both firms.

“We’re thrilled to be joining forces with Evolution in the North East, this give us greater opportunity to utilise our specialist services across the region. We now have around 200 staff in seven offices across the region from Alnwick in the North to Wynyard in the South.

“We are looking to invest further in the area in the coming months which underlines our faith in the strong business community and local economy.”

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