Aspen Waite extends reach with Pinder Cox merger

Somerset accounting firm Aspen Waite has merged with Dorset accountancy practice, Pinder Cox, to strengthen its base in the West Country. Under the terms of the merger, Pinder Cox will become the Dorset branch of Aspen Waite and all members of staff will remain in post, with current managing director, Mark Stanton leading the expected Dorset based expansion.

The newly merged firm will be branded as Aspen Waites and will have six offices with 30 permanent employees and some self-employed staff.

The practice turnover post merger is about £1.8m on the accountancy side only. In the wider group, made up of the legal division, turnover is approaching £3m with another five executives and more self employed affiliates.

Aspen Waite chief executive, Paul Waite said: ‘I am extremely proud to announce this merger. We believe in building a business around people and Pinder Cox has a great team led by Mark.

‘While Aspen Waite may have its roots in Somerset, we have always been very active throughout the South and East. We have clients across the region, our largest being in Hampshire. Dorset is therefore very important to us, giving us representation throughout the South and South West. It is also a very interesting area for us, one which could benefit hugely from our multi-disciplinary services.’

Mark Stanton, managing director of Pinder Cox added: ‘This is a great step in the history of Pinder Cox. We already have a highly experienced team but, by combining forces with Aspen Waite, we will be able to offer our existing and future clients more services and expertise.

‘Although we will be part of a larger operation, we will continue to be a local firm helping clients grow their business and achieve their goals. We pride ourselves on our service and this merger gives us real opportunities to offer more and better.’

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