BKL set to merge with Ashcroft Anthony practice

London chartered accountants BKL and Cambridge firm Ashcroft Anthony are in advanced talks to merge their businesses under the BKL brand, expanding its private client tax advisory business for high net worth (HNWI) clients

This move will be mutually beneficial for both firms, offering a valuable London base to Ashcroft Anthony’s clients, and wider tax offering for the two firms’ combined client base. The enlarged media team makes BKL a serious player in the digital media scene.

This is the latest step in BKL’s expansion plans, known as Berg Kaprow Lewis until a rebrand in 2014, bringing the total number of partners up to 20, and a team of 140 across two offices in London and Cambridge.

BKL is well-known for its tax consultancy team and its specialist media, property and real estate divisions. The firm’s tax consulting team advises over 100 other firms of accountants and lawyers across the UK, as well as BKL’s own clients, and reported fee income of £10m in 2014.

Ashcroft Anthony’s expertise lies in the private client sphere, property and development tax planning with a strong presence in digital media, technology and corporate finance. The firm has a particular focus on strategic planning and consultancy for entrepreneurial businesses, as well as extensive experience of providing tax advisory and compliance services to private individuals and estates.

Jeff Hartstone, managing partner of BKL said: ‘It’s a seriously exciting time for BKL – joining forces with the talented team at Ashcroft Anthony takes BKL to the next level in terms of growth and ambition for the practice, and complements the firm’s existing offering in the private client and digital media sectors.’

Dominic Anthony, co-founding partner of Ashcroft Anthony, which was establised in 2006, added: ‘We see this merger as a great opportunity to expand the service and expertise that we can offer our clients. With the strength in depth achieved by joining BKL, we can continue to meet and exceed our clients’ increasingly diverse and complex needs.

‘We are convinced the market will benefit from the reach and skills of the combined proposition which is also a natural fit for our existing London clients.’

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