This marks a significant milestone for both businesses and sees Top 30 firm Duncan & Toplis establish a dedicated office in Leicester city for the first time, further strengthening the group’s presence across the Midlands.

Torr Waterfield will now begin transitioning to the Duncan & Toplis brand. All 65 team members, including founders Mark Torr and Mike Waterfield, remain in their existing roles, continuing to support clients from the Clarence Street office.

The value of the deal was not disclosed. Torr Waterfield was set up in 2000 and the latest filed accounts at Companies House showed assets of £1.8m for year end 31 August 2024, with shareholder funds of £1.2m.

Mike Waterfield, co-founder of Torr Waterfield, said: ‘We’re excited to move forward as part of Duncan & Toplis. This partnership allows us to continue providing the personal service our clients value, while gaining access to new expertise, wider resources and greater opportunities for our team. It’s a hugely positive step for everyone involved.’

Mark