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Chartered accountants merge to form new Newark company

Posted onPosted on 22nd Nov
Chartered accountants merge to form new Newark company

Chartered accountants Wright Vigar and Hobsons have officially announced their merger.

The new group will operate in Nottingham and Newark under the Hobsons Wright Vigar name. Wright Vigar now has eight offices across Lincolnshire, Nottinghamshire and London.

The merger sees the two well-established firms combine, strengthening their position in Nottingham and Newark.

The move is in line with Wright Vigar’s strategy to accelerate growth through mergers with organisations that are a strong cultural fit and strengthen their position within new and existing markets. They acquired a practice in Mansfield in 2020.

Established almost 90 years ago, Hobsons works with clients in the local Nottinghamshire community and service businesses across many sectors.

Wright Vigar has been providing accountancy and taxation services across North Nottinghamshire, Lincolnshire, and London since 1979.

It provides a personal relationship-based service through their local offices whilst having the expertise through the depth of their team to provide all the specialist services expected of a large practice.

The merger sees 35 fee earners join the already strong Wright Vigar team of 124 team members, increasing their extensive range of specialists to allow them to cater for private clients and businesses across all sectors.

Jim Scully, managing director from Hobsons, said: “This is a significant step for both firms and we are delighted to be joining forces with Wright Vigar.

“Like ourselves they focus on building strong personal relationships with their clients throughout their teams.

“The depth of their resource and expertise in both the advisory and technology sectors will complement our current offering, and allow us to provide a wider range of in house services to our clients.”

Managing director at Wright Vigar, Pete Harrison, said: “It has always been our ambition to open a substantial office in Nottingham and build our profile in Newark and we are excited to start working with the Hobsons team.

“From our conversations we could see their culture was very much aligned with ours, so we know this is an opportunity that is right for our business, and our team and will allow us to continue to provide excellent service to our clients.”