Eight Advisory supported Synova on its investment in Bishop Fleming

Founded in 1919, the business now serves over 10,000 clients across a range of sectors, with a particular focus on delivering recurring, compliance-driven, audit and tax services to businesses and public sector organisations with turnovers of £50-100m.

Bishop Fleming operates from 9 offices across the South-West of England and West Midlands and has delivered market leading organic growth of 18% per annum over the last 3 years.

The UK accountancy market remains highly fragmented and Bishop Fleming’s technology platform and cultural differentiation place it in a unique position to consolidate the regional UK market. Synova will support Bishop Fleming’s vision to become one of the leading national firms in the UK through strategic acquisitions; targeting geographic reach and service specialism.

Eight Advisory team members supporting on this transaction:

• Financial due diligence: Rupert Templeman (Partner), James Wallace (Director), Adélaide Hippert (Senior Manager), Clara Poggioli (Senior)
• Tax due diligence: Dean Lake (Partner), Tom Sykes (Director), Edward Highfield (Senior Manager), Robbie Smith (Senior)