Main world accountancy agency Moore Kingston Smith LLP has acquired Devon-based training specialist Monetary Planner Pilot Monetary.
Chartered Monetary Planner-run Pilot Monetary gives Monetary Planning and office pensions and worker advantages recommendation to academics and colleges in addition to personal shoppers.
Pilot Monetary’s crew will be a part of the increasing Monetary Planning crew at Moore Kingston Smith Monetary Advisers.
The deal, for an undisclosed sum, is being funded by funding from European personal fairness agency Waterland, with additional acquisitions within the pipeline.
Moore Kingston Smith says the acquisition will assist increase its present presence within the training sector.
Maureen Penfold, managing companion of Moore Kingston Smith, mentioned: “Following our latest funding partnership with Waterland, we’re able to take our bold progress plans to the following stage and increase our capabilities to shoppers by providing further service traces in addition to broader options.
“We’re due to this fact thrilled to welcome Ian Thomas and his crew to Moore Kingston Smith. Not solely can we share a imaginative and prescient for the sustainable progress and success of our folks and our shoppers, however this addition additionally enhances our present providing for personal shoppers and organisations within the training sector, an area we’ve been absolutely dedicated to supporting for a few years.”
Pilot Monetary was co-founded by Ian Thomas in 2011. Mr Thomas is a Chartered and Licensed Monetary Planner and a Chartered Wealth Supervisor. He has labored in monetary providers for over 25 years, together with at JP Morgan, Constancy, Skandia and AXA.
Mr Thomas mentioned: “We’re very excited to be becoming a member of Moore Kingston Smith at a time when the agency is taking the following steps in its progress journey, boosted by its partnership with Waterland.
“Moore Kingston Smith has experience in a mess of disciplines which will allow us to supply our shoppers a enormously enhanced vary of providers, in addition to present higher alternative and assist for our folks. The worldwide attain afforded via the agency’s connections and membership of the Moore International community can be an exquisite extension to our shopper providing.”
Moore Kingston Smith is the London agency of the Moore UK community and gives accountancy providers to shoppers in lots of sectors together with power, monetary providers, manufacturing and actual property. The agency has over 70 companions and greater than 700 folks primarily based in and round London. It’s a part of Moore International, a worldwide accounting and advisory agency with over 29,000 folks in 547 workplaces in 113 nations.