Mazars Financial Planning, the financial planning and advisory business of accountancy firm Mazars, has acquired the business and assets of specialist employee benefit business Redbourne.
Redbourne, which was established in 2000, has been developed by Richard Stewart and Steve Carter, who remain with the business on its transfer to Mazars.
Redbourne’s management and staff will move to Mazars’ UK headquarters in Tower Bridge House, London in due course.
Ian Pickford, partner and advisory services director at Mazars Financial Planning, said: “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.
"The addition of Redbourne’s products and team will significantly strengthen our advice-based employee benefit proposition post retail distribution review (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 as whole, and in particular compliments the expertise and experience within the employee tax services team.”
Richard Stewart, director at Redbourne, added: “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.”
Read more articles on employee benefits administration