Mazars Financial Planning Limited acquires employee benefit specialist Redbourne Ltd
Mazars Financial Planning Ltd, the wholly owned financial planning and advisory business of leading accountancy firm Mazars LLP, today announces that it has acquired the business and assets of Redbourne Ltd, a specialist employee benefit administration business.
Redbourne was established in 2000, and has been developed by Richard Stewart and Steve Carter, who remain with the business on its transfer to Mazars. The company has grown rapidly since its foundation, attracting a robust client base across a variety of sectors. Its core product, The Benefits Hub, provides a complete web-based employee benefit management solution alongside dedicated administration services.
Currently based in Surrey, Redbourne’s management and staff will move to Mazars’ UK headquarters in Tower Bridge House, London in due course.
Ian Pickford, Mazars partner and Advisory Services Director at Mazars Financial Planning comments:
“We are delighted to announce the completion of this deal. Redbourne has built up a robust set of products and services over a relatively short time, attracting and maintaining an impressive list of clients. The addition of Redbourne’s products and team will significantly strengthen our advice-based employee benefit proposition post RDR, in terms of both intellectual property and skill set. It represents an important plank of the restructuring of our corporate offering. It is also great strategic fit for Mazars LLP as whole, and in particular compliments the expertise and experience within the Employee Tax Services team. “
Richard Stewart, Director at Redbourne, says:
“We are delighted to be joining Mazars and look forward to supporting their employer services proposition. This move provides a strong strategic fit for Redbourne to help employers deliver modern and valued employee benefits. Together, we will offer an unparalleled range of expertise and services based around the Redbourne technology platform and the full range of Mazars’ advisory and service offerings.”
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About Mazars Financial Planning:
Mazars Financial Planning Ltd is a leading, purely fee based, Independent Financial Adviser (IFA) that provides impartial, tailored financial planning advice and wealth management to individuals, business owner-managers and trustees (private and charitable).
Mazars Financial Planning was a finalist in the IFA of the Year and Investment Adviser of the Year categories at the 2011 FT Money Marketing Awards.
About Mazars LLP:
Mazars LLP is the UK firm of Mazars, an international, integrated and independent organisation, specialising in audit, accountancy, tax, legal and advisory services. At 1st January 2011, Mazars has its own offices in 61 countries, across five continents, with nearly 13,000 professionals. Through its correspondent agreements, joint ventures and representation offices, Mazars can operate in 21 additional countries and provide its clients with professional teams, who all share the same commitment to quality and a common determination to maintain the highest technical and ethical standards. Mazars’ always expanding portfolio of services reflects the Group’s ambition: to provide its clients, whether international corporates, SMEs or individuals, with tailored and global solutions to help them achieve sustainable growth.