Tuesday 22 March 2022
Tuesday 22 March 2022
Jeffreys Henry and ABG coming together represents the forming of a significant professional services firm in London and the South East.
Jeffreys Henry is one of the UK’s leading tech-enabled providers of accountancy, audit, tax and advisory services to fast-growth SMEs, international businesses, listed companies and private individuals.
European technology investor, Tenzing, first backed Jeffreys Henry in February 2021 and is leading significant investment into the business across technology, sales and marketing, and talent acquisition.
Arram Berlyn Gardner (ABG) is an award-winning, London-based firm that provides expert tax advice, audit and accounting services and business support to clients in a range of sectors, including property, technology, leisure, travel, and entertainment. The two firms are a strong cultural fit, sharing a track record of focusing on trusted, long-term client relationships and delivering expert advice to ambitious SMEs, individuals, and established and growing businesses.
Caroline Plumb, Group CEO, commented:
I’m delighted to welcome our new colleagues from ABG to the Jeffreys Henry Group.
Both our firms are laser-focused on delivering a great experience to our clients and team, so there was clear alignment from the start.
Our ambition is to build the UK’s leading tech-enabled accounting firm, and this investment marks a key milestone on our growth journey.
Christian Hamilton, Co-Founder and Managing Partner of Tenzing, added: “The accountancy market is undergoing rapid transformation right now as a growing proportion of UK SMEs are outsourcing mission-critical tasks to expert providers. Jeffreys Henry has increasingly differentiated itself from traditional firms through its early adoption of technology to enhance its service proposition, and the partnership with ABG sets the firm up for further growth across London and the South East.”
Tenzing is an independent private equity firm, based in London, that targets buyout investments in high growth businesses, valued between £10m and £200m, across the UK and Northern Europe. Founded in 2015, the firm invests in tech and tech–enabled niche market leaders and challenger businesses.