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Gloucestershire Business News

Acquisition of Cheltenham accountancy firm

BK Plus, the rapidly expanding accountancy firm backed by private equity firm Palatine, marks the strategic expansion into Gloucestershire with the acquisition of Andorran Chartered Accountants, based out of Manor Business Centre in Cheltenham.

BK Plus says the move signifies their commitment to providing local expertise and advice to the SME sector in their local area using local partners and staff.

Andorran was established in 1998. Now led by Roger Downes, the firm has grown substantially with 15 staff and is regarded as one of the leading independent firms in the county.

Its dedication to quality service and deep understanding of the local business environment aligns with BK Plus' mission to provide comprehensive accounting solutions tailored to SME needs.

Shaun Knight, CEO of BK Plus, said: "This acquisition enables us to further extend our reach into the South West region of the country, reinforcing our commitment to the SME sector.

"Andorran's reputation and operational excellence in Gloucestershire provide a strong foundation for our combined future growth. We look forward to working with Roger, Cinzia and the team at Andorran."

Roger Downes, co-founder and managing director of Andorran, said: "Aligning with BK Plus presents an opportunity to enhance the value we deliver to our clients, drawing on the additional resources and expertise BK Plus brings. We are excited to join forces and continue our commitment to the Gloucestershire business community."

Cinzia Hensley, who is promoted to partner in the practice, said "Joining BK Plus enables us to bring expertise to a wider audience while maintaining our strong local and regional presence. This is a new chapter in our business which we are looking forward to developing."

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