Cardiff and Monmouth-based accountancy practice Agincourt are under full sail – taking over fellow chartered accountants Evans Hughes.
The acquisition brings Welsh-speaking Emyr Evans in as a director of the practice and allows the expanding practice to extend its services to its key market sector the family owned business in South Wales.
It comes after a year – and despite the recession – when annual turnover at Agincourt Practice increased by 15 per cent bringing the combined practice turnover to in excess of £1million. Two staff were also added at both Cardiff and Monmouth offices.
Nigel Williams, who joined Agincourt a year ago as a director, said: “Our acquisition of Cardiff-based Evans Hughes is very exciting. It allows us to broaden our client base and offer a new range of client services that will enhance our technology driven paper free approach. “
“The Evans Hughes merger brings to Agincourt a team of people who will complement the existing team of accounting and tax professionals which enables us to provide a specialist IT approach to our clients financial reporting and management systems that bridges the gap between IT people, accountants and their clients”
Emyr Evans said: “I’m delighted to be joining a progressive practice like Agincourt who share our commitment to ensuring that clients receive a personal service delivered by their own relationship director who is able to develop a complete picture of the challenges that they face and is able to build up a clear understanding of the goals they wish to achieve.
“Over the last 15 years we have successfully helped a variety of clients from a range of market sectors to fully utilise the potential of technology in their business ensuring that the IT hardware and software used in the business is operating effectively to ensure the clients life is made easier through the use of technology and not harder. By investing time in understanding a business from its grass roots to the personal goals of its owners we have found we are able to add value at all levels.”
Nigel Williams added: “Unlike other practices we don’t have a middle management structure which means that clients are regularly in contact with their own relationship director discussing all aspects of their business and the challenges it faces with them, as they arise on a day to day basis. We have a strong commitment to clients and our directors believe that our unique approach often allows us to deal with problems before they arise.”
“The Evans Hughes team joining our practice allows us to complete our client service offering adding the vital IT expertise we were missing to be able to deliver, what we believe is a unique financial services advisory package for the SME business sector as it emerges from recession”