UK-based accountancy practice Burgess Hodgson has acquired domestic peer Spain Brothers for an undisclosed sum.
Spain Brothers, founded almost 150 years ago, provides accountancy, tax, audit and business advisory services to individuals and owner-managed businesses.
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Following the deal, Spain Brothers will be absorbed into the Burgess Hodgson Group.
Burgess Hodgson said the acquisition supports its regional expansion and widens its advisory services across Kent and the South East.
The transaction follows Burgess Hodgson’s partnership with Abry Partners.
Burgess Hodgson CEO Richard Stewart said: “Spain Brothers is exactly the kind of firm we want to welcome into the Burgess Hodgson Group, and we have a long-standing mutual respect.
“It has served the Kent business community for generations, has an outstanding reputation and, most importantly, shares our belief that great client relationships are built on trust, expertise and personal service.
“This is another important milestone in our growth journey. By bringing together our complementary strengths, we are creating an even broader advisory business while preserving everything clients value about both firms.”
As part of the agreement, the Spain Brothers team will relocate to Burgess Hodgson’s Canterbury offices.
Clients of Spain Brothers will continue to work with their existing team.
They will also gain access to Burgess Hodgson’s services including capital allowances, corporate finance, corporate governance, environmental, social and governance, international advisory support, payroll and human resources, and research and development tax relief.
Spain Brothers partner Paul Flood said: “Joining Burgess Hodgson represents an exciting next chapter for our business.
“From the outset, it was clear that both firms share the same values, putting people first, delivering high-quality advice and building relationships that last for decades.
“Our clients will continue to receive the same personal service from the same trusted team, while benefitting from access to significantly broader technical expertise and specialist advisory services.”
