Accountancy firm 'steps forward' with takeover
An accounting and advisory firm has expanded with a takeover.
BK Plus has bought Aggarwal & Co.
Officials say the move for the Kent-based chartered accountancy – which incorporates Foreman Waller and Edwards & Co – marks “a great step forward” for the business.
They add it will further bolster BK Plus’ South East operations, which include teams in Chiswick and High Wycombe.
Under the terms of the deal, Aggarwal & Co, which has offices in Ashford, Gravesend, Rainham and Sheerness, has retained its bases and staff.
Shaun Knight, chief executive at Walsall-headquartered BK Plus, said: “We’ve had a strong start to the year, and bringing Aggarwal & Co into the group is another great step forward.
“What stood out straight away was the strength of the relationships it has built with clients.
“That local trust is exactly what we look for.”
Anil Aggarwal, senior partner at Aggarwal & Co, added: “This was an important decision for us.
“We wanted to find a partner that would allow us to keep that approach, while giving us the ability to offer more when our clients need it.”
The deal comes after BK Plus, which runs more than 50 offices stretching from Perthshire to Cornwall, bought Huddersfield’s Crowther Chartered Accountants.
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning London email for free.
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs
Business success starts with people investment
It's time to confront the digital poverty crisis
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome