Accountants snap up Scottish firm

Dains Accountants has announced the acquisition of William Duncan + Co Group in a move that propels the company towards becoming one of the Top 30 firms in the UK.

William Duncan + Co is one of Scotland’s oldest accountancy firms with offices in Glasgow, Ayr, and Kilmarnock.

Richard McNeilly, chief executive of Dains, said: “We have followed the progress of William Duncan for several years and it became increasingly clear that their approach to client delivery and people development closely aligned to ours.

“As a long-established firm in Scotland, we believe they are ideal partners to spearhead our growth, north of the border.”

Luke Kingston, partner at Horizon Capital, who supported the deal, said: “We are delighted to have supported Richard and Dains on their third acquisition and welcome the fantastic team at William Duncan into the group.

“William Duncan is a high-quality firm, and we are excited by the significant opportunities created from bringing the businesses together.”