Azets has completed the acquisition of Ensors, a chartered accountancy practice in East Anglia, UK.
The financial specifics of the transaction have not been made public.
Ensors, which has been operating for more than 130 years, has a workforce of more than 300 employees across its offices in Bury St Edmunds, Cambridge, Huntingdon, Ipswich, Norwich and Saxmundham.
It offers a variety of services including audit, tax, corporate finance, business recovery and forensic accounting.
This acquisition allows Azets to enter a new market within the UK and establishes a regional platform for future growth.
Ensors’ clients will continue receiving the same level of service from familiar teams, Azets said in a press statement.
David Scrivener will lead the new regional leadership team as regional managing director for East.
Scrivener said: “This is a proud and exciting moment for Ensors. We have built a strong and trusted business by focusing on our people, our clients and our communities.
“Joining Azets marks the next phase of our growth, enabling us to offer even more to the clients we serve and the people we employ.
“We have found a like-minded partner in Azets – one that shares our values, our ambition and our commitment to delivering high-quality, personalised advice. We look forward to what we can achieve together.”
Ensors will maintain its current branding, with the designation ‘part of Azets’ for approximately 12 months as the integration process unfolds.
The acquisition is expected to facilitate investment in personnel, technology and infrastructure, thereby creating opportunities for staff development and improving client service in the region.
Azets UK CEO Peter Gallanagh said: “We are thrilled to welcome Ensors to Azets. The firm has an outstanding reputation in East Anglia, a talented team and a strong track record of growth.
“This marks an important milestone as we expand into a new region of the UK and we are excited about the opportunities it creates for our clients and our people.
“Culturally and strategically, the fit is excellent and together, we are well placed to invest, grow and build on the success of both firms.”
“Azets concludes acquisition of UK chartered accountancy practice Ensors” was originally created and published by International Accounting Bulletin, a GlobalData owned brand.
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