Accountancy firm grows national presence with latest acquisition

Accountancy and advisory services provider Dains Group has grown its national presence following its latest acquisition.

The firm, which serves the SME market, has acquired Barnes Roffe, one of the UK’s top 50 accounting firms.

The Barnes Roffe team has over 29 partners and more than 200 employees in the London area.

The acquisition, backed by private equity firm IK Partners, is the largest yet by Dains.

The firm has now established four key regional hubs across the UK and Ireland – in the South-East, Midlands, Scotland and Ireland – putting it on course to be a top 20 firm by the end of the year.

The deal significantly strengthens Dains’ client proposition in financial advisory, corporate tax, audit and corporate finance.

Richard McNeilly, chief executive of the Dains Group, said: “We are thrilled to welcome Barnes Roffe to the Dains Group.

“It’s not often we encounter such a dynamic and client-centric leadership team.

“Together, we see significant opportunities to grow our presence in the London area and expand across the UK and Ireland.

“The addition of Barnes Roffe strengthens our national footprint and aligns perfectly with our strategy to deliver exceptional client service and outstanding career opportunities.

“With a team now exceeding 1,000 professionals, we remain committed to enhancing the value we provide to clients and investing in the development of our talented people.”

Pete Wilson, partner at IK Partners, said: “This strategic acquisition demonstrates our ambition to continue building Dains into the leading UK and Ireland SME advisory business by establishing a strong presence, led by an outstanding team at Barnes Roffe, in London and the South-East.

“We look forward to continuing to back further acquisitions as part of this exciting partnership.”