Two accountancy firms in Holmfirth have merged to strengthen their offering to clients.
Langricks and Balance have joined forces, increasing the size of the combined Langricks business and taking its headcount to almost 50.
The merger, which has also added key accounting expertise to the firm’s existing compliance and advisory services, represents a significant milestone in the company’s growth strategy.
It allows the combined client base to leverage the expertise within the three offices and their specialisms, such as Trust tax and Vendor Assist/Mergers & Acquisitions.
Both the owner of Balance, Ashley Barrowclough, and the managing director of Langricks, Chris Langrick, are Huddersfield born and bred and the acquisition is a natural move as Ashley looks towards retirement.
It also provides additional opportunity for the new team to develop their career path all the way to director level should they choose.
Commenting on the deal Chris said: “We have been in talks with Ashley for a number of years as he was searching for a local firm that would continue to serve his long-standing and loyal clients with the same dedication and work ethic as that of Balance.
“With their close proximity it was a natural fit for the two practices to come together.”
Ashley will continue to manage Balance for the immediate future and there will be a slow and steady integration into the Langricks team.
On the acquisition he said: “I am delighted to be able to present a more rounded offering to our client base with the extra tax, mergers and acquisitions and wealth management departments that come with Langricks, and I feel really positive for the future.”
Chris was keen to stress it would be very much business as usual in Holmfirth and added: “We will be continuing to provide the quality of service expected of us across the client base and we remain very focused on staff development.”
