Thursday, 31 May 2018
Ayr accountancy firm Sinclair Scott joins Campbell Dallas
Ayr-based Sinclair Scott, a long-established independent accountancy firm stretching back more than 100 years, has joined Campbell Dallas.
[Pictured L-R: Chris Horne, Managing Partner at Campbell Dallas;
Andrew Sinclair and Stephen Wilkie, Partners at Sinclair Scott.]
The deal will see all 20 staff and 2 Partners transfer to Campbell Dallas, and add around £1.3m of fee income per annum. Campbell Dallas acquired Kilmarnock-based White & Co in October 2016, and is now one of the largest full-service accountancy firms in Ayrshire with a staff and Partner complement of 38.
The deal with Sinclair Scott is Campbell Dallas’ first following the merger with Baldwins in October 2017, when the firm announced plans to drive growth in Scotland by a combination of acquisitions and organic expansion.
Sinclair Scott provides a broad range of accountancy, advisory, tax and compliance services to a mix of owner managed businesses, community enterprises, entrepreneurs, and private individuals. The firm has a strong client base in the charities, rural, farming and healthcare sectors.
Chris Horne, managing partner of Campbell Dallas said the acquisition was an exciting move for both firms: “Sinclair Scott is a highly respected local firm with a long history of advising businesses and private clients, and we are delighted to welcome them to Campbell Dallas. The deal provides us with further scale and reach to expand our client base throughout Ayrshire and the South West of Scotland, as well as building on our sectoral expertise within the medical, dental and rural sectors. It also provides our staff access to rewarding career opportunities across our growing business.
Andrew Sinclair, Partner at Sinclair Scott added: “Joining Campbell Dallas presents an exciting opportunity for our clients as we can now offer a full range of advisory services together with access to specialist technical knowledge in areas such as international tax, VAT, corporate finance, banking and re-structuring. The move will also enable significant investment in IT, providing clients with access to the latest online portals and platforms that comply with HMRC’s focus on ‘Making Tax Digital’. It will remain ‘business as usual’ for our clients, many of whom have been with Sinclair Scott for several decades, but we can now offer them access to the resources of one of Scotland’s most ambitious accountancy firms.”
Campbell Dallas is one of Scotland’s largest local accountancy firms, with over 300 partners and staff working from offices in Aberdeen, Glasgow, Perth, Stirling, and Kilmarnock. Services cover audit and assurance, business and banking advisory, tax compliance and consulting, VAT, business recovery, insolvency and corporate finance. Industry expertise includes Family Businesses, Rural, Healthcare, Food and Drink, Brewing and Distilling, Construction and Professional Services. In October 2017 Campbell Dallas became part of the CogitalGroup, an international business services group through a merger with Baldwins, which included Springfords in Edinburgh.
Sinclair Scott is a Founder Member of the Elite Ayrshire Business Circle.