Merger to expand practice
Borders and Berwickshire-based accountants Rennie Welch LLP has significantly expanded its Berwick-upon-Tweed practice following a merger with the local firm Optimus Accounting Limited.
Patrick Evans, who founded Optimus in 2011, will now join as a partner – bringing his team of staff to the firm.
The deal bolsters the Rennie Welch team to more than 40 staff and seven partners operating from three locations.
The firm has also announced it plans to move into a larger dedicated premises in Berwick later this year to accommodate the enlarged team and provide it with room for further growth across the local region.
Both firms currently occupy serviced office suites in Berwick Workspace.
Mr Evans said: “This merger is a powerful proposition that brings together two firms with a strong business and excellent reputation.
“By joining forces, we will add value to the clients we service across the North East of England and the Scottish Borders.”
Headquartered in Kelso, Rennie Welch was founded in the 1920s.
Five years ago, the firm embarked on an expansion programme – opening new offices in Melrose in 2014 as part of the merger with a local firm in the town.
Two years later, it further expanded into Berwick, where its team is led by partner Mark Thompson.
While Rennie Welch has a long-established reputation as an agricultural accounting and taxation specialist, in recent years the firm has also built a strong client base within the retail, manufacturing, hotel and catering and service industries.
Mr Thompson said: “We are delighted to announce our merger with Optimus.
“The new combined operation will continue to provide the same friendly professional service to its clients and will also benefit from the wider expertise and support of the enlarged team.
“Patrick is an experienced and highly-regarded professional who has developed a successful and modern firm since setting up Optimus.”