Fortus’ Midlands and East regions are to join business services firm TC Group. It comes as part of the business advisory and accountancy firm’s business reorganisation designed to facilitate a focus on expansion in the North of England and Scotland.
TC Group said it was “pleased to announce the completion of a merger with Fortus Midlands and Fortus East with the support of new investor Inflexion Private Equity.”
The transaction continues TC Group’s M&A strategy.
Fortus Midlands and Fortus East will now trade as TC Group and will add six new offices to the group in Milton Keynes, Northampton, Peterborough, Leicester, Southampton, and Hertford.
“TC Group is delighted to have joined forces with Fortus Midlands and Fortus East,” says TC COO Grant Bartholomew.
“They are a trusted and highly respected firm of professionals who go above and beyond to give exceptional services to their clients – an ethos shared by TC Group. As a result, Fortus clients can expect a smooth transition and the continuance of the high-quality services they have come to expect as our two firms merge and move forward as one.”
Carly Liston, managing partner of the East region, says: “We’re delighted to be joining TC Group. It’s a great opportunity for us to share in the depth of knowledge, expertise and structure the group offers to both our clients and team. We have a shared vision for the quality of service we offer our clients, both in accounting and our extensive business-related service lines.”
Stephen Watts, managing partner of the Midlands, adds: “We’re thrilled to announce our merger with TC Group at a time of significant growth and opportunity.
“With the support of TC Group’s strong national and international network, this merger allows local Partners to retain control to better serve our existing clients, expand opportunities for our fantastic people as well as support future M&A growth in some key strategic locations.”