Accountancy firms announce merger

Have your say

TWO Yorkshire-based accountancy firms have decided to merge.

Hull-based Sadofskys Chartered Accountants and Beverley-based cba Chartered Accountants will formally merge in March 2015 and practice as cbaSadofskys. The combined firm will have more than 70 staff.

“The combination of Sadofskys and cba creates an exciting opportunity for our company and clients,” said Alan Brocklehurst, the managing director of cbaSadofskys, who is now in his second term as president of the Humberside and District Society of Chartered Accountants.

“In addition to creating an industry-leading company, this is a compelling financial and strategic move that we firmly believe will position us as one of the most experienced practices in Hull and East Yorkshire. The merger will yield many synergies and benefits in the years ahead. Chris Brown, the founder of cba, and his team have created a fantastic practice which, with Sadofskys, has a solid foundation for future growth.”

Chris Brown, board member elect and the current managing director of cba, added: “This combination creates a company that will deliver enormous opportunities for our employees and an enhanced experience for our clients. Cba and Sadofskys have been dynamic and innovative accountancy practices in Hull and East Yorkshire for decades and this merger will accelerate the pace of that ongoing innovation.

“The new company management board will consist of Alan Brocklehurst and Alan Drant from Sadofskys alongside cba’s Tim Barley and myself. Through a fully aligned cultural fit, I am confident that our coming together will deliver an industry-leading platform that will make a real difference to our clients for many years to come.”