Acquisition deepens national accountancy group’s Yorkshire presence

UK accountancy group, Azets, has acquired Naylor Wintersgill, an independent firm of chartered accountants, business and tax advisors, headquartered in Bradford.
Naylor Wintersgill, which will rebrand as Azets with immediate effect, delivers accounting, audit, corporate finance, tax, payroll, and HR advisory services to SMEs, private clients, and not-for-profit organisations across the Yorkshire region.
The firm, which has a turnover of more than £4m, has been based in Bradford for more than a century, and is headquartered at Carlton House on Grammar School Street.
The acquisition sees Azets expand its presence and deepen its advisory expertise in Yorkshire, adding two offices to its UK network which now totals 90.
Naylor Wintersgill’s clients will benefit from access to further specialist expertise and a greater breadth of services, both in the UK and internationally, as well as the buyer’s investment in technology, with digital platforms including Azets Cozone.
Acquiring Naylor Wintersgill adds 67 people into the Azets team, including eight partners.
Managing director Victoria Wainwright, who started her accountancy career as Naylor Wintersgill’s first apprentice in 1991, will continue to lead the team as office managing partner.
She said: “The team at Naylor Wintersgill are thrilled to be joining Azets. This is a brilliant opportunity to strengthen our services offering to SMEs and owner-managed businesses in Yorkshire.
“It is also an opportunity for our team to be part of a much larger ecosystem, creating even more value for our clients.
“We will continue to build on the achievements of Naylor Wintersgill, delivering the same high-quality level of service, with the advantage of being able to offer more specialist advice and be part of a growing group that offers new and exciting opportunities for our clients and our people.”
Russell Turner, regional managing partner with Azets in Yorkshire, said: “This acquisition is a wonderful opportunity to expand our geographical presence in Bradford and enhance our specialist offering to SME clients right across the Yorkshire region. We are happy to be working with Victoria and her team.”
Peter Gallanagh, regional CEO for Azets’ UK North region, added: “I’d like to offer a warm welcome to our new colleagues and clients from Naylor Wintersgill as we embark on this exciting journey together.
“This acquisition offers a platform for us to keep building our regional presence in Yorkshire and leverage shared skills in support of our SME clients.
“Like us, Victoria and her team have a strong reputation for delivering a full range of quality professional services and support to clients through a collaborative relationship built on trust and confidence.”