Ex-KPMG led accounting giant stalls £1bn sale Accountancy One of the UK’s largest accounting firms founded by a former KPMG head has put a £1bn auction on hold despite receiving a wealth of interest from investors. Sumer, a ‘consolidator’ firm that buys majority stakes in smaller independent accounting companies, had hired advisors at boutique advisory Continuum last September to oversee a review on [...]
Sumer Group, champions of SMEs, leading the way towards economic growth Partner They tackled Brexit head-on, survived Covid, coped with the impact of the war in Ukraine and battled rising costs. The latest growth forecast from the Office for Budget Responsibility presents a further challenge with the OBR reducing their expectations for productivity growth by 0.3ppts to 1 per cent. In times of uncertainty these businesses have [...]