Wales’s leading independent accountancy and advisory firm, Broomfield & Alexander, has merged with Agincourt Practice Limited, increasing its employees to 115 across four locations.
The Monmouth-based practice will become Broomfield & Alexander’s fourth office – after Swansea, Newport and Cardiff – and will continue to provide the core services whilst increasing its offering in specialist areas for existing clients across the border region.
The merger will see 10 new members of staff join Broomfield & Alexander.
Agincourt’s director, Neil Mounter, is set to retire later this year but will continue to support its existing clients during the merger phase with Broomfield & Alexander.
“Agincourt has successfully supported clients in and around Monmouth for almost 50 years and its professionalism and expertise mirrors our core ethos and approach to work,” says Ian Thomas, managing director of Broomfield & Alexander.
The merger is the firm’s third in recent years, following Neath-based W R King & Co. in October 2014 and Griffiths & Miles in April 2010.
Mr Thomas continued: “Strategic mergers are vital to bolstering our position as Wales’ leading independent accountancy firm, allowing us to expand our specialist services to clients in Monmouth, south east Wales and those close to the border.
“We look forward to working with the team at Agincourt who share our ambitions and principles, and to have the opportunity to provide our range of expertise to its existing client base.”
Neil Mounter, director of Agincourt Practice Limited, who joined the firm in 1978, said: “I’m delighted to announce that Agincourt will become a part of Broomfield & Alexander, which will see the same team provide the same high-quality service to both our existing and new clients, while also utilising the expertise of a leading Welsh firm.
“I’ll be working closely with our clients over the coming months to ensure that the transition is seamless and I have every confidence that our team will flourish under the Broomfield & Alexander brand.”