S&W rebrands as independent firm

An accountancy firm has launched under a new brand following fresh investment.

S&W, formerly part of Evelyn Partners, is now a fully independent firm, positioning itself as a leader in the accountancy mid-market.

With an investment boost from global private equity advisory firm Apax Funds, bosses at S&W say they will “drive future growth” by expanding its talent base and technology offering, while strengthening services across M&A, business and private client tax advice and digital services.

Led by chief executive Andrew Wilkes and chief financial officer Andrew Baddeley, formerly of Evelyn Partners, S&W employs 1800 people and more than 120 partners across 15 UK and Republic of Ireland locations.

Andrew said: “This is a really exciting day for the entire team as we launch S&W with backing from Apax Partners. 

“S&W combines the heritage of Smith & Williamson, which was founded in 1881, with a new brand and philosophies driving the business to cement its leadership position in the accountancy mid-market.

“Under S&W we are committed to continue delivering the high-quality accountancy and advisory services that our clients expect from our experienced teams.

“We look forward to having the Apax Funds invest in the business, providing capital and knowledge to drive future growth. 

“The launch of S&W gives us a platform to continue our M&A programme and attract further top talent at all levels.”

Frank Ehmer, partner at Apax, added: “We prioritised S&W as the ideal UK platform, given its market-leading position and an unrivalled reputation from which the business can look to scale new heights.

“Now we have the chance to really get going and are excited to invest behind the platform, building the business to fulfil its greatest potential in the coming years.”

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