Accountancy firm TC Group has announced a merger with London-based practice, Berley Chartered Accountants, an independent firm based in the West End
Founded in 1985 by partners, Mark Levy and Jeremy Berman, Berley is a chartered accountancy practice that specialises in business growth advice. Both Levy and Berman are optimistic that the expanded operation will enable more rapid growth and are excited by offering their clients a greater range of services.
TC Group is ranked 39th in the annual Accountancy Daily Top 75 Firms survey reporting fee income of £20m for year end 2020 with 46 partners and 250 staff.
Mark Levy, partner at Berley, said: ‘Over recent years we have been approached by a number of interested parties. It was very important to us to find the right firm moving forward to merge with not only for our clients but also for our staff.
‘We have known TC for nearly four years and realised they have been very successful in growing where others have failed. By keeping the DNA of the firms they merge with intact which is fundamental. We are very excited about the opportunities this will create for all concerned.’
Tim Saxton and David Leigh, partners at TC Group, said: ‘Berley has a well-established reputation across London and further afield. This merger provides a significant boost to our London operation and for servicing clients right across the capital.
‘It reflects perfectly our strategy of seeking progressive firms with whom to merge and grow. We are also very grateful to WJP Brokerage Limited who recognised the potential for this merger and made the initial introduction.’
The latest acquisition follows a merger with Bristol-based practice, Tax Angel Accounting, in February. Following this merger, the firm’s clients will be managed by Kevin Edenborough, partner, at TC’s offices in Keynsham and Chippenham.
TC also recently expanded its services to offer a full range of investment, mortgage, legal and HR advice.