Stay updated with breaking news from Cogital group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A bid fronted by John Connolly, Azets founder and the former boss of Deloitte UK, has failed to progress in the accountancy roll-up s £1.5bn auction, Sky News learns. ....
By Scott Wright AMBITIOUS plans have been revealed to create 250 jobs at the Scottish arm of an international accounting firm over the next five years, lifting its current headcount by 50 per cent. Azets, which incorporates the former Scottish accountancy firms Campbell Dallas and Scott Moncrieff, unveiled the target as it declared its aim to increase turnover from its Scottish operation to more than £60 million by 2026. The division currently turns over around £40m. While those expansion hopes are “heavily-weighted towards organic growth”, the firm opened the door to “bolt-on” acquisitions, including in parts of Scotland where it is presently under-represented. The targets were disclosed as Azets, which currently employs around 500 staff and partners in Scotland, announced a “multi-million-pound” investment in a new digitised, hybrid working model. ....