Financial advisory business snapped up by wealth management group

Andrew Wilkes

Evelyn Partners, a wealth management and professional services group, has acquired Leathers LLP, a firm of chartered accountants and tax specialists with offices in Harrogate and Newcastle.

Leathers was founded in 1990 by Michael Leather and is focused on advising high net worth individuals, families, business owners and corporates, with strong expertise in personal and business tax planning, succession planning, as well as property and business structuring.

It offers a broad array of audit, accountancy, tax compliance and corporate finance services.

Andrew Wilkes, chief professional services director of Evelyn Partners, said: “Michael Leather has built a highly respected firm with a great client base and one which is a very complementary fit with Evelyn Partners both in terms of expertise and culture.

“Strategically this acquisition will further develop our professional services presence in the North of England, supporting our ambition of being able to provide our range of professional services to private clients and businesses right across the UK.

“I look forward to welcoming Stuart Wright and Ryan Harrison to the partnership group where their expertise and experience will be a great asset to us in developing our professional services offering in the North of England.”

Michael Leather, senior partner and founder of Leathers LLP, said: “Forward planning, client service and development of the team have been at the forefront of our success but in a changing environment, it is time for the business to gear up, extend the resources available to clients and to further develop the client service offering.

“Identifying the best way to do this has been challenging, but Evelyn Partners’ clear commitment to developing the business and their range and depth of resource have been key to the decision we took.”