Torr Waterfield, a Leicester-based accountancy firm, is set to merge operations with Duncan & Toplis, a UK-based accountancy and business advisory group.
Founded in 2000, the Leicester-based firm offers comprehensive accountancy, tax, and business advisory services to a broad range of clients.
In a statement, Torr Waterfield said the move is part of its strategic growth plan to enhance its client offering and regional presence.
The merger, which is awaiting regulatory approval, will see Torr Waterfield rebrand under the Duncan & Toplis name.
All 60 team members of Torr Waterfield, including directors and co-founders Mark Torr and Mike Waterfield will remain in roles following integration.
Mark Torr said: “We’re proud of everything we’ve built over the past 25 years. Joining Duncan & Toplis enables us to further build on that foundation while creating space to grow.
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By GlobalData“We’re confident this will be a smooth transition, and we look forward to continuing to support clients with the same service they know and trust, now with the backing of a respected and established national group.”
Furthermore, the current Torr Waterfield office on Clarence Street will become part of Duncan & Toplis’s network.
Duncan & Toplis, operating since 1925, has 13 offices across the Midlands and London.
Duncan & Toplis CEO Damon Brain said: “Leicester is a key strategic location for us, and this move strengthens our regional presence while adding great people and experience to our team. This partnership is not just about growth – it’s about alignment.
“Mark, Mike, and their team have built a people-focused firm that puts clients first, which reflects our own values. We’re excited to support them as we move forward together.”
In February this year, Duncan & Toplis acquired North London-based ALG for an undisclosed sum.
