Broomfield & Alexander merges with Neath firm
Cardiff-headquartered professional advisory firm Broomfield & Alexander has merged with Neath accountancy practice W R King & Co.
The turnover of the new firm is expected to be £5.5m, with a combined workforce of more than 100 staff. Three directors and seven employees from W R King will join Broomfield & Alexander, which also has offices in Swansea and Newport.
Ian Thomas, managing director at Broomfield & Alexander, said: "The merger is a key part of our strategy to be the leading independent firm in accountancy, audit and professional services in South Wales – offering our client base the same range of specialist services as national firms, but with a strong local delivery.
"We are delighted to welcome WR King & Co's directors, Gareth Edwards, James Dobson and Roger Dobson, who will be joining us as part of the merger."
Gareth Edwards, co-managing director at WR King & Co, added: "The combined firm has a wide range of specialists allowing us to provide the breadth and depth of expertise to meet the increasingly diverse range of challenges facing businesses in Wales today."
Broomfield & Alexander can trace its roots back more than 100 years, when it was established by Samuel Broomfield in Newport in 1912. He was joined by Manchester chartered accountant John Alexander in 1923. W R King & Co was founded in 1952.