Smailes Goldie makes acquisition following funding deal

EAST Yorkshire Chartered Accountants Smailes Goldie has announced an acquisition and a new banking partnership as it expands with funding from Barclays.

Smailes Goldie, which has offices at Princess Street in Hull and Market Lane in Barton upon Humber, was established in 1899 and is a firm of chartered accountants, auditors and tax and business advisors.

The company has acquired Hull-based David Turner & Co, an agricultural specialist practice and, now has seven partners working across both sides of the Humber and North Lincolnshire.

Ian lamb, managing partner, Smailes Goldie said: “The acquisition of David Turner & Co allows us to maximise our presence across Humberside and the new funding from Barclays was arranged in under two weeks, enabling us to complete the acquisition against tight deadlines. The facility also includes working capital to provide some flexibility for the future.”

Smailes Goldie now employs almost 100 staff working across many specialist areas . It is also able to offer national and international links providing access to technical and business advisory services worldwide.

Barry Haslam, Barclays relationship director, commented: “Smailes Goldie is a highly professional and progressive brand that is thriving despite the current economic challenges. The management’s ambitious growth plans are testament to their success and this deal demonstrates that Barclays are open for business for quality transactions.”