Armstrong Watson merges with Eura Audit
5 Feb 2020
Armstrong Watson has merged with the Northallerton office of Eura Audit following the retirement of the audit partner
5 Feb 2020
The move comes after Eura audit partner, Peter Tarren, made the decision to retire. The five staff from Eura Audit’s Northallerton office will move to Armstrong Watson’s offices in the same town.
Eura Audit was set up in 2005 and restructured in 2016 creating two separate limited liability partnerships (LLP) based in offices in Northallerton and Harrogate. The merger does not affect the Harrogate office of Eura Audit.
The Northallerton office reported fee income of £573,074 for year end 31 August 2019 according to Companies House.
Armstrong Watson reported fee income of £26m for year end 2019 and is ranked 30th in the Accountancy Daily Top 75 survey. The firm, which was founded in 1867, has 34 partners and 388 staff across 16 offices in Yorkshire, Northumberland, Cumbria and Scotland offering tax, audit and accountancy services.
Tarren said: ‘for some time now I have been considering retirement, but it was essential to me that I found the right firm to take on my clients.
‘I chose Armstrong Watson as I believe that they are a good fit culturally and match the type of work we do and the clients we serve.
‘I also believe that going forward they will be able to provide support in areas we have not previously been able to.’
Paul Dickson, Armstrong Watson managing partner and CEO, said: ‘This merger combines two firms of similar culture with complementary practice strengths and sector expertise.
‘We hope that by offering an increasing range of specialists and advisers, we will ensure that we continue to provide local businesses with tailored, proactive support and advice essential for profit and growth.’
Michael Walby and Anna Lovett of Burnetts Solicitors advised Armstrong Watson on the legal aspects of the transaction.
This merger is part of Armstrong Watsons’ plans to expand its presence across north England and Scotland.
Last year Armstrong Watson opened an office in Newcastle and in 2018 acquired Haines Watts’ Glasgow practice.