STS Europe joins Dow Schofield Watts
We are delighted to announce that STS Europe has joined Dow Schofield Watts as Tax Advisory Partners.
STS Europe will be part of the DSW Network but will remain in the Burscough office and continue to provide our existing clients with specialist tax services. Our name will change to DSW STS, but that is the only difference that our existing clients will see.
Joining the network allows us to continue to grow alongside the DSW team of Dave Waddington, Carla Holmes and Ali Hassan and take advantage of DSW’s offices across the UK.
Andrew Robinson said: “Laura and I are excited to bring our additional expertise to the team alongside Dave Waddington, Carla Holmes and Ali Hassan.”
This acquisition allows Andy Sharp to retire from the business. We thank him for his dedication to the company and wish him the happiest of retirements! Andrew Robinson, Director at STS Europe, will become a Partner in DSW Tax Advisory.
An Alternative to Traditional Accountancy
Dow Schofield Watts offers an alternative to traditional accountancy and tax firms by enabling professionals to run their own businesses under its brand. DSW Capital plc, the company which owns the Dow Schofield Watts brand, provided funding support for the transaction.
Dave Waddington of DSW Tax Advisory said: “STS has built a strong reputation for its work with high-net-worth clients and offshore trusts. The acquisition will bring additional expertise to DSW Tax Advisory and enable us to expand the range of services we offer. We are delighted to welcome Andrew on board.”
Exiting Expansion Plans
The deal brings the total number of professionals in the Dow Schofield Watts network to 105 and follows its expansion into the Midlands with the addition of corporate recovery firm Bridgewood and the launch of a new corporate finance team.
James Dow, CEO of DSW Capital, said: “Tax advisory is a target area of expansion for us and the addition of STS will complement the existing services within the network, including corporate finance and wealth advisory.
“This is the first time we have supported a licensee to expand through acquisition and it demonstrates the advantages of becoming part of the Dow Schofield Watts Network”.
If you have any questions about this announcement please don’t hesitate to contact us and we will be happy to help.