Evelyn Partners boosts professional services arm with M&A deal

Acquired firm offers a range of personal tax services

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UK wealth management group Evelyn Partners has acquired Cambridge-based accountancy and tax specialist Ashcroft Partnership for an undisclosed sum.

Ashcroft Partnership is an accountancy firm that offers a range of assurance, corporate finance, business and personal tax services. The company services businesses and private clients.

Andrew Wilkes, chief professional services director of Evelyn Partners, said: “Dominic Anthony, Tom Gallop and Adrian Wilson have built a highly respected firm with a great client base and one which is a very complimentary fit with Evelyn Partners both in terms of expertise and culture.

“Like Evelyn Partners, Ashcroft is committed to building productive and lasting relationships that add real, discernible value to clients. Strategically this acquisition will further develop our professional services presence in the East of England, supporting our ambition of being able to provide our range of professional services to businesses and private clients right across the UK.

“I look forward to welcoming the Ashcroft team to the partnership group, where their expertise and experience will be a great asset to us in developing our professional services offering in the East of England.”

The deal comes several weeks after Evelyn Partners acquired Newcastle upon Tyne-based accountancy and tax specialist firm Leathers for an undisclosed sum.

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