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Tindles Charted Accountants of Teesside has been acquired by Robson Laidler in an undisclosed deal.
Accountancy and business advisory firm Robson Laidler has formed a new £9million group after sealing its largest acquisition since forming more than a century ago.
The firm, which has offices in Newcastle and Durham has secured Tindles for an undisclosed fee, targeting the firm for its reputation and solid client base in Teesside.
The move gives B Corp certified firm Robson Laidler, which has recently been listed one of the UK’s Best Places to Work by the Sunday Times and is shortlisted as Firm of the Year in the regional accountancy awards, a group turnover of around £9million and brings its total headcount in Newcastle, Durham and now Teesside to 126 staff.
Robert Tindle, who founded Tindles Chartered Accountants 25 years ago, is staying on to integrate the businesses, which will continue to trade under their own names for a period of around six-months. Tindles partner Angela Foster will also continue to lead the business alongside Robson Laidler’s current co-managing directors Amy Park and Nick Wilson and the other four directors in the firm; Michael Moran, Peter Charles, John Holbrook and Nick Cunningham.
The move will push Robson Laidler into the top 100 accountancy firms in the UK according to Accountancy Age.
Robson Laidler co-managing director Nick Wilson said: “This forms an important part of our overall growth and investment strategy where we aim to open more office locations across our five-year-vision.
“Our strategy is to remain independent whilst keeping our purpose at the forefront of everything we do, which is to make a positive difference to people’s lives and that includes our clients, our people and the wider community.
“Our vision is to leave a legacy by becoming the firm of choice, growing our business in a way that makes us proud, focusing on both purpose and profit.
“Rob and Angela have built a hugely successful business over many years in Teesside and are a fantastic fit in terms of shared values, services and geographically where we want to grow our business. Ensuring continuity across our whole client base is paramount and we are excited to have Tindles join us on our journey to make the biggest impact possible as a unified force.”
Tindles founder Robert Tindle said: “I am delighted to conclude this deal and become part of the Robson Laidler group, which will strengthen our ability to provide the continued excellent high-quality service to our clients and the future of our team.
“I look forward to working closely with the team to integrate our businesses while maintaining the values that have always been at the heart of Tindles.”
Tindles will continue to operate from its Medway House premises in Teesdale Business Park with its existing 20-strong workforce.
Legal advice was provided for the Robson Laidler acquisition by Newcastle’s Hay & Kilner and JLF, while Punch Robinson acted for Tindles.
