Yorkshire accountancy firms to merge
ACCOUNTANCY firms Sadofskys and cba have announced that they will merge next year.
The merger of Hull-based Sadofskys and Beverley-based cba will create a team of 70 plus with more than 60 years of experience, in what the firms describe as one of the most significant regional mergers in recent times.
The firms will formally merge in March 2015 and practice as cbaSadofskys.
Alan Brocklehurst, managing director of cbaSadofskys, who is now in his second term as president of the Humberside and District Society of Chartered Accountants, said: “The combination of Sadofskys and cba creates an exciting opportunity for our company and clients. In addition to creating an industry-leading company, this is a compelling financial and strategic move that we firmly believe will position us as one of the most experienced practices in Hull and East Yorkshire. The merger will yield many synergies and benefits in the years ahead.
“Chris Brown, the founder of cba, and his team have created a fantastic practice which, with Sadofskys, has a solid foundation for future growth. We are looking forward to working with his team as we bring our organisations together to deliver the best possible accountancy and tax advice – a service that makes a positive difference and offers a superior client experience within the highly competitive and dynamic marketplace in which we operate.”
Chris Brown, board member elect and current managing director of cba, added: “This combination creates a company that will deliver enormous opportunities for our employees and an enhanced experience for our clients.
“cba and Sadofskys have been dynamic and innovative accountancy practices in Hull and East Yorkshire for decades and this merger will accelerate the pace of that ongoing innovation.”
The new company management board will consist of Alan Brocklehurst and Alan Drant from Sadofskys alongside cba’s Tim Barley and Chris Brown.
cbaSadofskys will be headquartered, in Wright Street, Hull, and cba’s current office in Beverley will remain.
