- Azets announces the acquisition of Scottish regional chartered accountancy and wealth management firm Milne Craig
- The historic Glasgow firm has more than 90 employees and more than 2,000 clients in Scotland and throughout the UK
- The acquisition bolsters Azets’ accounting, tax, audit, corporate finance, payroll, and wealth management service lines
- Deal driven by strong cultural fit and focus on supporting the needs of ambitious businesses and their owners
Azets, the international advisory, outsourcing and compliance Group, with 90 offices in the UK, today announces the acquisition of Scottish regional chartered accountancy and wealth management firm Milne Craig for an undisclosed fee.
Milne Craig, based in Paisley near Glasgow, was founded more than 100 years ago and has established an excellent reputation for its Director-led support of private clients, family businesses, and charities in Scotland and throughout the UK.
The acquisition provides Milne Craig’s 2,000+ clients access to a greater breadth and depth of advice in the UK and internationally as part of Azets, while Azets adds more than 90 talented new colleagues to strengthen its offering across accounting, tax, audit, corporate finance, payroll, and wealth management.
David Nairn, Managing Director of Milne Craig, will continue to lead the team as a partner at Azets. Milne Craig will rebrand as Azets on completion of the deal.
David Nairn commented: “We are very proud of our heritage and excited to move forward as part of Azets, continuing to provide clients local, Director-led services, backed by a firm of significant scale and expertise. Joining Azets represents and enormous opportunity for our people to develop personally and professionally as part of a bigger Group, and for our clients who now have access to new services and specialists to support them on their growth journey. There are clear synergies between our two firms, both with a strong focus on supporting the needs of our clients in Scotland and throughout the UK.”
Greig McKnight, Regional Managing Director for Scotland at Azets, added: “Many people at Azets and Milne Craig already know and have worked with each other over a period of many years, so we are well aware of the quality and specialist expertise our new colleagues will bring. From those existing relationships to the proximity of our offices, we immediately identified a strong cultural fit. Importantly, the services that Milne Craig offers deepens Azets’ expertise in accounting, advisory and wealth management. We are thrilled to welcome David and the team into Azets, marking the latest milestone on the Group’s growth journey.”
Milne Craig Technology Solutions will continue to support its clients as an independent firm outside the transaction. The deal will complete in the coming weeks following final ICAEW/ICAS/Audit regulatory processes. Azets was advised by Shoosmiths, led by Simon Procter (Partner).
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About Azets
Azets is an international advisory, outsourcing and compliance Group. Our 8,200 smart talented people support over 100,000 clients through our network of 189 offices across Europe. In the UK, Azets is a top ten accountancy firm and employs more than 3,800 people, with 72 offices nationwide.
We provide trusted advice and personalised client services across accounting, tax, audit, advisory, people, and technology, saving companies and business owners precious time, so they can focus on achieving their ambitions.
We exist to improve the lives of our colleagues, clients, and communities, in a sustainable way. And everything we do is underpinned by our investments in people and technology.
Our proprietary digital workplace technology, Azets Cozone, is a unique cloud-based portal giving SMEs instant access to information about their business that simplifies workflows, increases operational productivity, and supports a more productive client relationship.
Blick Rothenberg, London’s award-winning international corporate and private tax and accounting brand, and Nordic-based companies Azets Consulting, Legeregnskap, Luotsi Isännöinti, and Idur are all a part of Azets.
Azets is a member of Allinial Global, the member-based association dedicated to the success of independent accounting and consulting firms.
Media contact
Shaun Staff, Group Director of Communications
07515 789306