Rival accounting firms Shaw Gibbs, Martin and Company enter merger deal

OXFORDSHIRE, UNITED KINGDOM — Shaw Gibbs, an accountancy and outsourcing firm, has announced its merger with accountancy and tax advisory Martin and Company.
Shaw Gibbs to receive a boost in multiple segments
The merger will bring expertise from Martin and Company in the farming and agricultural sector, landed estates, and private client spaces. This will boost Shaw Gibbs’ ability to provide tailored solutions to clients across diverse industries.
The initiative also aims to strengthen Shaw Gibbs’ presence and broaden its service offerings across Central and Southern England.
“Joining forces with Shaw Gibbs allows us to leverage their extensive resources and expertise while retaining the [personalized] approach and deep client relationships that have been the hallmark of Martin and Company for over 50 years,” said Seamus McLaughlin, Partner at Martin and Company.
“Together, we will continue to deliver the high-quality services and innovative solutions our clients expect, while expanding our reach to better serve businesses, estates and individuals throughout the region,” added Peter O’Connell, CEO at Shaw Gibbs.
The combined entity will continue to deliver high-quality services and innovative solutions while expanding its reach to serve businesses, estates, and individuals throughout the region.
Shaw Gibbs’ shopping spree under Apiary Capital
According to Crunchbase, Martin and Company is Shaw Gibbs’ fourth purchase after being acquired by Apiary Capital in 2022. The investment firm acquired a significant stake in Shaw Gibbs for £10 million ($US12.48 million) to back its growth initiatives.
Shaw Gibbs’ three other acquisitions are Wise & Co chartered accountants and business advisers in March 2023, accountancy firm Herbert Parnell in September 2023, and accountancy and business advisory practice DNG in November 2023.