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Sussex's TC Group completes merger with Fortus Midlands and Fortus East

19 July 2023
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The Business Magazine article image for: Sussex's TC Group completes merger with Fortus Midlands and Fortus East

Sussex-headquartered accountancy firm TC Group has completed a merger with Fortus Midlands and Fortus East.

The company said the addition of these key and established regions of the business advisory and accounting firm cemented TC Group’s position in the UK’s top 30 accountancy firms.

Fortus Midlands and Fortus East will now trade as TC Group and will add six new offices to the group in Milton Keynes, Northampton, Peterborough, Leicester, Southampton, and Hertford.

READ MORE: Fortus opens new flagship office in Southampton

"TC Group is delighted to have joined forces with Fortus Midlands and Fortus East," said TC chief operating officer (COO) Grant Bartholomew.

"They are a trusted and highly respected firm of professionals who go above and beyond to give exceptional services to their clients – an ethos shared by TC Group.

"As a result, Fortus clients can expect a smooth transition and the continuance of the high-quality services they have come to expect as our two firms merge and move forward as one."

Carly Liston, managing partner of the East region added: "We’re delighted to be joining TC Group. It’s a great opportunity for us to share in the depth of knowledge, expertise and structure the group offers to both our clients and team.

"We have a shared vision for the quality of service we offer our clients , both in accounting and our extensive business-related service lines.”

Stephen Watts, managing partner of the Midlands said: "With the support of TC Group’s strong national and international network, this merger allows local partners to retain control to better serve our existing clients, expand opportunities for our fantastic people as well as support future M&A growth in some key strategic locations."

The transaction continues TC Group’s successful merger and acquisition (M&A) strategy.

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Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.

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