David Kirchin

Today’s combination with Leeds-based Sagars follows hot on the heels of a major investment in AAB by August Equity to fast track future growth plans, and also the merger earlier in the year with Glasgow-based accountancy firm Hardie Caldwell, and acquisition of Edinburgh-based Purpose HR.

Sagars is led by seven partners and supported by a further 100 other specialists covering tax, accounting, virtual finance, payroll and audit.

The Addleshaw Goddard team advising AAB on all four deals was led by corporate partner and head of Scotland, David Kirchin, and legal director, Laura Falls.

Mr Kirchin said: “AAB is enjoying a fantastic period of growth across the Central Belt of Scotland and this latest deal is the next important step in an ambitious strategy to grow the team’s footprint and establish the business as a key UK regional player in the accountancy and wider business services market.

“We are very pleased to be supporting Graeme Allan and his team on their M&A strategy as well as external investment into the business and the momentum they are building.”