Fast-growing independent accountancy firm Campbell Dallas has acquired Perth-based Bell & Company, a long-established independent firm specialising in owner managed businesses and private clients.
The deal will see 20 staff and 1 Partner transfer to Campbell Dallas, and adds over £1m of fee income per annum. Campbell Dallas, which recently opened a new £1m office in the centre of Perth, is now the largest accountancy firm in Perthshire. Total staffing in the newly enlarged Perth office has increased to 5 partners and 56 staff, including 9 trainees.
Founded in 1945, Bell & Company provides a broad range of business and tax advisory services alongside robust compliance services. The firm represents many well-known local owner managed businesses, and has developed a strong presence in the rural and farming community.
Andy Ritchie, Head of Campbell Dallas’ Perth office, said the acquisition was a natural fit for both firms, and would provide clients access to a much greater range of services and expertise: “Bell & Company is a highly respected local firm and we are delighted to welcome the business to Campbell Dallas. Our existing Perth office is well-established, but this acquisition provides us with the scale to expand the enlarged business and we will be recruiting further over the coming months.”
Charlie Carnegie, Bell & Company’s Managing Partner added: “Joining Campbell Dallas presents an exciting opportunity for our clients and staff as we can now offer a full range of advisory services together with specialist technical knowledge in areas such as tax, VAT, corporate finance and re-structuring. It will be ‘business as usual’ for our clients, many of whom have been with Bell & Company for several decades, but they will now have the resources of a much larger practice at their disposal.”
Chris Horne, Managing Partner at Campbell Dallas said “This is a solid step forward for the firm in achieving its planned growth target. Perthshire and Tayside has a wide variety of high quality businesses that we think would benefit from our entrepreneurial approach to client service. There is also the rapid regeneration of Dundee Waterfront that is attracting local and national entrepreneurs who will need access to our full range of accountancy services.”