ETL UK Snaps up SRLV Business Advisory and Accountancy Firm
The UK wing of ETL Global has acquired part of business advisory and accountancy firm with the name of SRLV for an undisclosed amount.
The said transaction marks another acquisition made by the UK wing of the aforementioned group. Before this acquisition, the firm made investment in a Manchester-based law firm in December 2018.
SRLV, an accountancy firm which was set up around thirty years ago in the city of London. The firm’s clientele base includes a number of high net-worth individuals, leading sportspeople, musicians and other A-list celebrities along with companies and their owners.
The Fee received by the firm in 2018 from its clients amounted to £17.1m. The business employs around 150 individuals in addition to having 15 partners. After the successful completion of the aforementioned deal/ part acquisition by ETL UK, all the existing partners of the firm are expected to continue leading the firm beyond this deal with ETL UK.
Senior partner at SRLV, Richard Rosenberg has said that these are exciting times for the business advisory and accountancy firm. Our clients have always been our main focus and this deal allows us to continue providing our unique expertise and services to businesses operating in the UK and around the world. This deal with ETL can be described as a logical business decision as SRLV joining the ETL group will provide it with more opportunities to grow even further.
ETL Global has a strong team of around 9000 employees and partners working in over 60 countries. The headquarter of the group is in Essen, Germany. The group is focused on providing integrated professional services to small medium sized entities combining legal, tax, accounting and audit.
Managing director at ETL UK, Sara Brassington has said that SRLV is one of the top accounting firm operating in the United Kingdom. We are very excited with the prospect of working with their staff and partners. We are looking forward towards them teaming with us in our plans for continued expansion in the UK, and benefiting from global network of skills and expertise as well as our investment model.