An independent Dorset accountancy firm has been acquired by UK accountancy and business advisory group Azets for an undisclosed sum.
Poole-based Inspire Accountants was established in 2004 by Warren Munson and has an office on Commercial Road. The firm employs 30 staff and provides services to around 1,000 clients across Bournemouth, Poole and the wider Solent region.
All 30 staff members, including three partners, will transfer over to Azets as part of the deal.
It is the second UK acquisition in three months for Azets and takes its regional network to 86 offices across. The firm said Inspire’s clients would “benefit” from its current and future investment in technology as well as access to more specialist advisory services such as banking and finance, data analytics, cyber security, forensics and restructuring.
Adam Wilson, regional managing partner for the Solent region at Azets, said: “We’re excited to welcome Inspire to the Azets family; this firm has a reputation for high-quality people providing high-quality client service.”
Mr Wilson said the acquisition was “another significant step” on the firm’s growth journey to increase revenue by 50% in the next five years.
“Inspire is a logical and valuable addition to Azets, as we work to provide our clients with more advice that will improve their businesses and their lives,” he added.
“Inspire has a strong regional reputation for its personable approach and specialist expertise which, combined with Azets’ local and international reach, opens up a wealth of opportunities for our clients.”
Mr Munson, founder and managing director of Inspire Accountants, said the acquisition was a “wonderful opportunity” for Inspire and its clients.
He said: “The acquisition demonstrates our commitment to the continued growth of our business, as we enter the next phase of our long and successful journey as part of the UK’s newest Top 10 accounting firm.
"Azets is a business which shares our clear focus on people and clients – it is the perfect fit both strategically and culturally.”
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