Beever and Struthers acquires and targets creative industries
Beever and Struthers has acquired a majority stake in The Company Books (TCB), an accountancy practice based in Tech City, Shoreditch. TCB specialises in providing services to the creative services industries.
Beever and Struthers, which is based in Manchester, with other offices in Blackburn and London, has just under £10m of fee income and over 150 staff.
TCB employs 15 staff and generates circa £600,000 of fees.
Beevers will move its 15 London staff from their current Wembley base to TCB's office in Tech City.
TCB has over 100 clients, ranging from freelancers to SMEs spanning the creative industries, IT and software development, publishing, marketing and financial services.
The practice was established in in 1992.
Phil Roberts, managing partner of Beevers said they would be looking to add further firms in the capital once the new enhanced London offer is bedded in.
He added: “Recent research has shown that sectors including financial services and digital, media and technology will be the drivers of economic growth and this merger gives us the chance to be a key player in helping to deliver that growth.
“We looked long and hard for a business that would provide a complementary fit with Beever and Struthers and TCB satisfied all of our key criteria.”