Hentons beefs up presence in South Yorkshire

April 13, 2022

Yorkshire based chartered accountancy and business advisory firm, Hentons, is further strengthening its position in South Yorkshire after acquiring Voice & Co, which has offices in Sheffield and Doncaster, for an undisclosed sum.

The deal follows Hentons’ recent acquisition of London based Clayton Stark.

Voice & Co was established in 1990 by Hugh Voice, and Mandy Guest became a partner in the business in 2002. Both Hugh and Mandy, along with Voice & Co’s eight employees, will now join Hentons, which employs a team of 135 across offices in Sheffield, Leeds, York, Thirsk and London, and is ranked as one of the UK’s top 100 accountancy firms by fee income by industry bible Accountancy Age.

Hentons already has a significant presence in Sheffield with an 11-strong team led by partner, Tim Baum-Dixon and this acquisition is the second major development for the firm in South Yorkshire in recent months.

In September Hentons formed a joint venture and invested in Sheffield based Mackenzie Spencer to create Hentons Corporate Finance and Hentons Legal. It means Hentons now offers corporate finance lead advisory services and corporate legal services so that any business sale or purchase can be fully completed and managed by one team. Following the two deals, Hentons now has a 25-strong team in South Yorkshire.

Managing director at Hentons, Peter Watson, said: “Voice & Co is a very reputable and longstanding firm, with an experienced team and approximately 500 established clients of all sizes and across every sector.

“We already have an excellent reputation and a well-established team in Sheffield and this acquisition is a great fit for our existing client base and significantly builds our critical mass in South Yorkshire, as well as giving us a crucial foothold in Doncaster, which is an area that we’re keen to continue expanding our presence in.”

Managing partner at Hentons, Nadeem Ahmed, added: “It also means Voice & Co’s clients now have access to an even wider range of services including our specialist tax, financial planning and corporate finance teams. Smaller clients can take advantage of our market leading digital services and benefit from the cost and time savings, as well as the business insights, that cloud accounting provides. All this makes it a very exciting time for both our new Voice & Co clients and the existing Hentons team in South Yorkshire.”

Partner and founder of Voice & Co, Hugh Voice, said: “Hentons is a leading name in Yorkshire’s accountancy industry and the multi-award-winning firm offers a full range of financial and accountancy services, which will further benefit our client base, located across South Yorkshire and beyond. Hentons has the same approach to providing a local proactive service, and Mandy and I are excited that we shall have the support to enable us to take on the new clients that we are gaining.

“It will also create potential new career opportunities for our team across Hentons’ wide-spanning divisions, as well as giving us access to the company’s in-house teams offering HR, IT and marketing support, which made it the ideal firm to agree this sale with.”

The acquisition of Voice & Co is the fourth that Hentons has made in the last three years. Hentons acquired and successfully integrated York based Forster Scott and London based entertainment industry specialist, CC Panayi & Co, in 2018. Last month the firm acquired London based accountancy firm Clayton Stark for an undisclosed sum. These latest two acquisitions see turnover at Hentons climb to almost £9m.

Nadeem Ahmed

As a Founder of Hentons, Nadeem is key to the firm’s national organic and acquisitive growth strategy. He brings to the client experience a unique blend of practical business knowledge, audit expertise, management consultancy, and tax strategy.

Nadeem has a particular interest in the real estate sector and funding for property groups.

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