The acquisition is Azets’ eleventh in the last 12 months as the group continues to accelerate a multi-year mergers and acquisitions (M&A) strategy to underpin its continued growth.

Naylor Wintersgill has fee income of £4m and will rebrand as Azets with immediate effect. All 67 staff will move across to the Azets team, including eight partners.

The firm provides accounting, audit, corporate finance, tax, payroll, and HR advisory services to SMEs, private clients, and not-for-profit organisations across the Yorkshire region.