Evelyn Partners has announced a significant move to enhance its northern presence by acquiring key offices of Haines Watts in Leeds, Manchester and Newcastle.
This acquisition will integrate over 150 professionals from Haines Watts into Evelyn Partners, further strengthening their position in the Professional Services market.
Details of the Acquisition
Evelyn Partners, a renowned wealth management and professional services group, is set to acquire the northern city offices of Haines Watts. These offices encompass key locations such as Manchester, Leeds, and Newcastle.
The teams from these offices are known for providing comprehensive services and solutions to entrepreneurial and owner-managed businesses. This acquisition will bring five partners, nine directors, and over 150 colleagues into Evelyn Partners’ fast-growing Professional Services sector.
This strategic move represents Evelyn Partners’ sixth acquisition in the Professional Services domain since early 2023. The group’s aim is to bolster its organic growth while expanding its geographical reach by incorporating high-quality firms with complementary expertise.
Leadership’s Perspective
Andrew Wilkes, Chief Professional Services Director at Evelyn Partners, expressed enthusiasm about the acquisition. He stated, “We are delighted to welcome the team and clients of these three former Haines Watts offices to Evelyn Partners.”
Wilkes praised the team, led by Donna Bulmer, for their exceptional reputation in providing top-notch tax advice and accountancy solutions. He emphasised that the team’s approach aligns perfectly with Evelyn Partners’ culture of offering personalised, supportive service and fostering long-term client relationships.
This acquisition aligns with Evelyn Partners’ strategy to expand its services to more business and private clients across northern England, further solidifying its market presence.
Client and Team Benefits
Donna Bulmer, Managing Partner of Haines Watts, shared her excitement about the merger. She noted, “This is an exciting time for our clients and our team as we join forces with our new colleagues at Evelyn Partners.”
Bulmer highlighted the strong cultural fit between the two organisations, ensuring continued high service levels for clients and creating fantastic opportunities for the team.
The merger is expected to bring numerous benefits, including enhanced service offerings and new growth opportunities for both clients and employees.
Previous Acquisitions by Evelyn Partners
In 2023 alone, Evelyn Partners made several key acquisitions to boost its Professional Services portfolio. Among these were Leathers LLP in Newcastle and Harrogate, Ashcroft Partnership LLP in Cambridge, Creaseys in Tunbridge Wells, and Harwood Hutton in Beaconsfield.
Additionally, Evelyn Partners enhanced its Forensic Services practice by acquiring a leading international disputes team. These moves are part of Evelyn Partners’ strategy to build a robust and diversified service offering.
Strategic Importance
The acquisition of Haines Watts’ offices is a strategic move for Evelyn Partners. It not only broadens the company’s footprint in northern England but also strengthens its capabilities in providing top-tier professional services.
This acquisition supports Evelyn Partners’ long-term vision of becoming a leading player in the Professional Services market by integrating high-quality firms with shared values and complementary expertise.
The focus remains on delivering exceptional service to clients and fostering growth opportunities for employees.
Future Outlook
Evelyn Partners continues to seek opportunities for growth through acquisitions and organic expansion. The integration of Haines Watts’ offices is a testament to this ongoing strategy.
The firm aims to sustain its reputation for delivering personalised, high-quality services while expanding its reach and capabilities across the UK.
With a growing team of dedicated professionals, Evelyn Partners is poised to achieve new heights in the Professional Services sector.
Evelyn Partners’ acquisition of Haines Watts’ northern offices marks a significant step in its strategic growth plan.
This move not only enhances its presence in northern England but also reinforces its commitment to delivering high-quality professional services. By integrating experienced professionals and leveraging complementary expertise, Evelyn Partners is well-positioned for continued success in the market.