Accountancy firm ends ‘2023 on a high’ after over £6.5m in sales

South West accountancy firm Albert Goodman has concluded 2023 on a positive note with two company sales totalling over £6.5m.

The corporate finance team, based in Taunton, completed over 30 deals in 2023, contributing to the overall success and growth of the firm.

Albert Goodman director Neil Hutchings said: “It is always a privilege to work with business owners during the exit phase of the business lifecycle, and even more so when we can help secure the legacy of the business and exceed price expectations.

“In both these cases, early preparation for exit certainly helped deliver a successful outcome, and we are always keen to speak to business owners with exit planning in mind.”

Albert Goodman senior manager Matt Chandler added: “We first spoke with our clients about exiting pre-Covid, so this demonstrates the benefits of preparing for sale properly.

“By working with the shareholders well in advance of their planned exit, changes could be made to maximise the chance of successfully achieving their desired exit. It’s incredibly satisfying to see that preparation paid off and that we were able to achieve an exit over and above our clients’ goals.”

Albert Goodman’s corporate finance team received support from the firm’s tax consulting and accounts teams right from the early stages of exit planning.

Legal guidance for the deals came from Taunton-based lawyers, including Kirill Bingham from Clarke Wilmott and Richard Biggs from Squire Biggs.