South western firm expands medical practice with acquisition

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Somerset-based chartered accountancy firm Albert Goodman has announced a merger with specialist medical accountants, MW Medical, based in Westbury-on-Trym, Bristol, to create one of country’s largest medical accounting practices

The merged business will become part of the Albert Goodman group whilst retaining its own well-recognised trading name and will continue to operate out of its current premises on Westbury Hill.

The MW Medical team of nine employees will all join Albert Goodman, with the firm saying the merger enhances the range of specialist services it can offer the healthcare sector and gives MW Medical the platform it requires to serve its growing client base. 

Richard Bugler, managing partner at Albert Goodman, said: ‘We have known MW Medical for some time, a firm that is recognised as a national expert in advising GP practices and consultants. They bring a great deal of experience to the table and together we are one of the largest groups of specialist healthcare sector accountants in the country.’

Jim Duggan of MW Medical, and a member of the national board of Association of Independent Specialist Medical Accountants (AISMA) who joins Albert Goodman as a partner, said: ‘The financial environment for healthcare professionals has become exceptionally complicated in recent years and with the range of resources Albert Goodman can provide, we look forward to providing our current and future clients with everything they need to navigate these challenging times.’ 

The combined firm will be acting for over 100 GP and dental practices and over 1000 individual GPs and consultants.

Founded in in Taunton in 1866, Albert Goodman has 300 staff including 17 partners across offices in Taunton, Bristol, Chard, Yeovil, Bridgwater, Weston-super-Mare, Weymouth, Burnham-on-Sea and Wedmore, with a turnover of more than £14m.

Report by Pat Sweet

Pat Sweet | Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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