Armstrong Watson acquires Haines Watts Glasgow office
Armstrong Watson has acquired Haines Watts Glasgow office as part of plans to expand the business across Scotland and the north of England
13 Feb 2018
The Glasgow office will offer accounting, audit, tax, corporate finance, insolvency, forensic and financial planning services and will involve the amalgamation of the existing Armstrong Watson Glasgow branch from the current Queen Street base into the new Blythswood Square office.
As a result of the acquisition, Richard Gibson, Ian Durie and Jim Lockhart all join Armstrong Watson as partners.
Gibson will head the office as the lead partner for Glasgow and continues as an audit partner; Durie becomes the corporate finance partner for Scotland; and Lockhart joins as an accounting partner.
Paul Dickson, Armstrong Watson chief executive officer, said: ‘Our Glasgow capability has always been an important focus in our expansion plans. This deal is a culmination of continued growth, both organic and through acquisition, cementing our position both in the central belt and across Scotland and the North of England as the “go to” firm for family and owner managed businesses.’
Gibson, Glasgow lead office partner, said: ‘Joining Armstrong Watson is a fantastic opportunity for both our clients and the Glasgow team. Not only do our skills, resources and culture complement each other, but having an increasing range of specialists and advisers will ensure that we continue to offer businesses the tailored, proactive support and advice essential for profit and growth.’
Armstrong Watson, ranked at number 33 in the 2017 Accountancy league table, posted fee income of £21.2m in 2016 and has a network of 17 offices throughout the north of England and Scotland, with 36 partners and over 400 team members.
Report by Pat Sweet