SRC CF has advised the shareholders of SRC Advisory Limited on the acquisition of Simon Winnard & Co.
Brighton & Hove-based business advisory firm, SRC Advisory Limited has completed the acquisition of fellow local practice Simon Winnard & Company, in a deal that marks a further step in SRC's continued growth strategy.
The transaction, which completed earlier this month, forms part of a long-term succession plan for Simon Winnard and expansion strategy for SRC. The two businesses share a strong alignment in values and client service ethos, with both firms known for delivering tailored advice to owner-managed businesses and individuals across the region.
As part of the deal, Simon Winnard will continue to remain actively involved in the business, ensuring continuity for clients and a seamless transition. It will be very much business as usual, with the Simon Winnard team joining SRC at their offices near Preston Park.
Steve Crouch, CEO of SRC Advisory, said of the deal: "We are delighted to welcome Simon and his excellent team to SRC. This acquisition strengthens our presence in the SME market and brings together two trusted names in accountancy and enhances our specialist tax offering. Simon has built a high-quality practice, and we're looking forward to the next chapter together."
Simon Winnard, founder of Simon Winnard & Company, commented: "Joining forces with SRC is a great fit for our clients and our team. We share a hands-on, personal approach to tax planning and accountancy, and I'm pleased to be continuing on with the business as part of a like-minded firm."
SRC Advisory was advised by SRC Corporate Finance (Lead Advisory - Rupert Rawcliffe)
SRC CF provided corporate finance advisory services
Rupert Rawcliffe, Founder of SRC Corporate Finance commented:
"It was great to assist my long time business partner Steve Crouch with his latest acquisition. Steve is probably one of the most entrepreneurial accountants I know, having been the founder of Crunch and more recently Auderli and this deal marks another exciting milestone in Steve's long term strategy. I'd like to welcome Simon and his team to the group and look forward to working together over the coming years."
If you have any questions in relation to this deal or would like to discuss potential M&A requirements, please do not hesitate to get in touch by contacting ben@srccf.com