Dains strengthens UK footprint with acquisition of Hurst

UK-based accountancy and advisory services supplier Dains has announced its enlargement to the North West marketplace with the acquisition of adjacent institution Hurst.

Hurst is headquartered astatine Stockport Exchange and works with clients crossed the UK arsenic good arsenic successful overseas markets.

It is led by managing spouse Tim Potter, unneurotic with Mike Jackson and Simon Brownbill.

Hurst has a squad of 120 professionals and provides services spanning audit, taxation advisory, firm concern and integer transformation.

Under the deal, the existing Hurst enactment squad volition stay successful spot and proceed to oversee the company’s development, portion accessing the wider resources, concern and expertise of the Dains Group.

Potter said: “Joining Dains feels similar the earthy adjacent section for our firm. We stock a committedness to helping ambitious businesses grow, and we recognise successful Dains the aforesaid thrust to put successful people, exertion and best-in-class lawsuit service.

“This concern enhances our quality to scale, innovate and enactment clients locally, nationally and internationally.”

The transaction is Dains’ archetypal determination into the North West and its sixth woody since receiving backstage equity concern from IK Partners.

It is besides the 16th acquisition completed by the radical since 2021 arsenic it pursues its strategy to physique what it describes arsenic “the starring SME [small and medium-sized enterprise] advisory concern successful the UK and Ireland”.

The summation of Hurst strengthens Dains’ specializer capabilities successful audit, advisory, integer translation and outsourced finance.

The companies said the woody besides creates scope for further growth, driven by shared assemblage expertise, collaboration crossed regions and a combined absorption connected supporting businesses.

Dains CEO Richard McNeilly said: “Hurst is an exceptional steadfast with a estimation for quality, innovation and semipermanent lawsuit relationships.

“Their culture, values and ambition intimately reflector our own, and this acquisition marks an breathtaking adjacent measurement successful our maturation story.”

"Dains strengthens UK footprint with acquisition of Hurst" was primitively created and published by International Accounting Bulletin, a GlobalData owned brand.

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