Accounting business snapped up by Singapore-based tech company – a Singapore-based tech company providing incorporation and accounting services – has acquired Accounts Lab, a cloud accountancy firm based in Leeds and Manchester.

It has bought the business to fast-track its own expansion into the UK market.

Founded by Edward Kirkby in 2017, Accounts Lab holds a strong footprint of customers across the UK, Europe and overseas.

In addition to providing accounting services, Kirkby and his business partner Kirsty Howitt, have helped hundreds of business owners raise investments and secure R&D tax credits to accelerate growth.

Sleek Tech was launched in 2017 with the mission of making the lives of entrepreneurs easier by removing the hassle of incorporating new businesses and simplifying the laborious process of managing day-to-day back-office admin tasks and compliance requirements with an all-in-one digital platform.

It currently supports over 450,000 businesses globally with services ranging from company incorporations, accounting & bookkeeping, corporate tax, business bank accounts, CFO services and more. Sleek currently operates in Australia, Hong Kong, Singapore and the UK.

Kirkby, newly appointed UK country head for Sleek shares, said: “We’re happy with the acquisition of Account Labs and starting a new chapter with Sleek.

“It’s been a successful five years of growth and we’re excited to be giving our existing customers access to a wider range of services.

“We’ve already started growing the team and look forward to continuing to expand our client base.”

Julien Labruyere, CEO and co-founder of Sleek shares, added: “We built Sleek to make it easier for entrepreneurs across the globe to set up and grow their businesses. Acquiring Accounts Lab has been a great step in expanding our offering in the UK, and I look forward to the next stage in our journey.”