Deals drive momentum at accountancy firm

An accountancy firm is looking to expand following a string of successful client acquisitions and business exits.

Harold Sharp has supported 12 clients through acquisition deals worth more than £17 million in the past two years, including two international buy-outs involving long-standing Manchester-based clients. 

The Sale-headquartered firm advised Speedrite, an industrial machinery installation specialist, on its sale to Netherlands-based Gerritsen Group, and has since extended support across the group’s UK operations.

It also played a key role in the acquisition of engineering business DDE by Stockholm-headquartered Nordomatic.

Charlotte Hinchcliffe, managing director at Harold Sharp, which became part of the ETL GLOBAL network in 2021, said: “An exit strategy is often part of the long-term vision of founder-led businesses, and many – particularly those working in specialist industries – are in a strong position on the international stage. 

“We’ve seen an uplift in clients embarking on an investment drive recently.

“It’s a privilege to work with ambitious businesses across the region, helping them build a robust financial picture of their success.”

The firm, which now has a 50-strong team, has grown steadily, with a six per cent uplift in 2024 and expectations to double that growth in 2025. 

Its auditing division alone has expanded by nearly 20 per cent this year.

Charlotte added: “Understanding the nuances of UK and international investment, and being prepared for the scrutiny of the due diligence processes, is crucial. 

“In doing so, we have grown our own national footprint, supporting clients with a broader remit as they move through to their next phase of development.”

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