Nationwide accountancy agency MHA Macintyre Hudson, a part of Baker Tilly Worldwide, has acquired Northampton IFA Cave & Sons because it seeks to construct its wealth administration division.
Cave & Sons has been renamed MHA Caves Wealth and rebranded.
MHA Caves dates its historical past again to 1906. It offers monetary recommendation and wealth administration companies in addition to stockbroking and funding administration.
The takeover, for an undisclosed sum, has been accepted by the FCA.
MHA Macintyre Hudson already owns MHA Carpenter Field which offers accountancy companies and monetary recommendation.
MHA MacIntyre Hudson is a significant agency of accountants, tax and enterprise advisers however its take care of Caves will open up potential progress within the wealth administration sector. MHA Macintyre is a high 12 UK accountancy agency and has as a community of workplaces within the UK. It offers a variety of monetary and enterprise technique companies to corporations throughout the UK.
It’s owned by Baker Tilly Worldwide which has a worldwide attain and works with quite a few multi-national companies.
MHA Caves says the deal will imply a broad ranger of companies for purchasers. It has informed purchasers that any investments or plans at the moment held are unaffected.
In a press release on its web site MHA Caves stated: “Established in 1906 and with over 115 years of historical past behind us, we now have lately joined forces with MHA MacIntyre Hudson, one of many largest companies of accountants, tax and enterprise advisers within the UK, to supply new and present purchasers throughout the nation with a top quality, service led method to monetary companies.
“Our new enterprise identify, MHA Caves Wealth, displays each the character of our new affiliation but additionally the a lot broader portfolio of companies that we now supply; though we will stay proud members of the London Inventory Alternate, we’re not only a stockbroking agency.
“Working in tandem with MHA MacIntyre Hudson, we endeavour to additional improve the companies that we’re capable of present to our purchasers, leveraging their experience in areas resembling private tax and company recommendation.”