Smith & Wallace

Sedulo Group has acquired Smith & Wallace, a Kilmarnock-based accountancy practice, as part of its expansion into Scotland.

Summary of transaction details:

• Value: Not disclosed
• Sector: Business Services
• Advisor: Not disclosed
• Key Entities: Sedulo Group, Smith & Wallace
• Location: Scotland, UK

Note: This acquisition is part of Sedulo Group's growth strategy, following record annual revenues of almost £25m, and will enable the company to strengthen its presence in the Scottish market and provide a wider range of services to its clients.