ACUMEN Accountants, a prominent Aberdeen-based accountancy firm, has strengthened its expansion plans with the successful acquisition of fellow North East firm Graeme Munro & Company Ltd. The six-figure transaction, which officially closed on October 24, 2023, is a strategic move driven by the retirement of the acquired company's founder, Graham Munro.
The acquisition seamlessly integrates all four of Graeme Munro & Company's remaining staff into the Acumen team, bringing the total number of employees to 38. Commenting on the importance of this move, Ross Murray, Managing Director of Acumen Accountants, said: This will enable us to offer our services to an expanded customer base and support local and regional businesses with first-class, customized and flexible tax, accounting and property services. ”
Mr Murray expressed optimism about the future, revealing further mergers and acquisitions planned over the next 12 months, with the ultimate aim of positioning Acumen among the UK's top 100 accountancy firms. did. He highlighted the efforts of Acumen's existing team and expressed his excitement to build and scale the company to provide the best possible service to both existing and new customers.
Graham Munro commented on his decision to take over the business following his retirement: With Acumen, we're confident they'll be safe. Our values are very aligned and I am confident that our team will continue to care for our clients in the way they expect and benefit from the introduction of new technology and expanded services. ”
Founded in 1994, Acumen Accountants and Advisors is an independent accountancy firm based in Aberdeenshire. With over 2,000 clients across Scotland, the UK and overseas, the company currently operates from offices in Portlethen, Inverurie, Keith and Aberdeen. Acumen provides customized and adaptable solutions covering compliance, VAT, payroll, year-end financials, self-assessment, and more for a diverse range of clients, including sole traders, partnerships, limited liability companies, limited partnerships, and charities. We provide tax, accounting and property services.
For more information about Acumen Accountants, please visit Acumen Accountants or contact us on 01224 573904.
