Moore and Smalley expands East Midlands presence
Who?
Accountancy firm Moore and Smalley.
Did what?
Has doubled the size of its healthcare portfolio in the East Midlands with the acquisition of a niche Nottingham-based business.
What does this mean?
The firm, which is headquartered in Preston, has bought Dean Burrows Stevenson for an undisclosed sum. Deborah Wood, partner and head of Moore and Smalley’s specialist healthcare team, said: “Dean Burrows Stevenson’s medical niche and its strong client base make this an excellent strategic acquisition for Moore and Smalley that will complement our existing expertise in the healthcare sector.
“Organisations working in healthcare are required to comply with unique financial regulations and requirements, so we are naturally delighted to boost our expertise in this area.”
Nick Stevenson, partner at Dean Burrows Stevenson added: “This investment means we can continue to grow while maintaining the same high standards and specialist expertise that has been the cornerstone of our success to date.”
Dean Burrows Stevenson was founded in 2003 and will now be renamed under the Moore and Smalley brand.
Who advised?
Done in-house.
Insider comment:
Dean Burrows Stevenson is a member of the Association of Independent Specialist Medical Accountants (AISMA) and has healthcare clients across the East Midlands. Moore and Smalley already has an office in Castle Donington, Derbyshire, specialising in accountancy services to the healthcare sector, and so the deal is a natural fit for the firm.
Last month, Moore and Smalley’s corporate finance team was named Corporate Finance Advisory Team of the Year at Insider’s annual Lancashire Dealmakers Awards, and corporate finance partner Rob Kenmare named Dealmaker of the Year for the second time in three years.
