Exciting merger for Armstrongs Chartered Accountants

A national award-winning firm of chartered accountants based in Coventry & Warwickshire has merged with a practice in the East Midlands.

Armstrongs Chartered Accountants have come together with Hinckley-based firm Lester & Co, as part of their expansion strategy for Leicestershire.

The Hinckley venture, known as Armstrongs Lester & Co, means Armstrongs now have three offices across the Midlands.

Mark and Michael Lester who have run Lester & Co since they took over from their father in the 1980’s, decided that the time had come to prepare for their retirement. The merger is part of their succession plan to exit the business.

Mark Lester said “There were a number of options available to us, but with a longstanding client base, we wanted to ensure that our clients would be well serviced after our departure.

“Armstrongs is highly regarded across the Coventry & Warwickshire area and shares similar values to Lester & Co, so was the perfect fit.”

Paul Farmer, Director at Armstrongs Lester & Co commented, “As a firm, we have been looking to have a presence in Leicestershire for some time. So, when the opportunity arose to take over Lester & Co, we knew this would be the ideal route to grow our practice.

“The merger is good news for local businesses. Clients will continue to receive outstanding customer service and will also reap the benefits of the knowledge and expertise the Armstrongs team brings to the new firm.”

Armstrongs Chartered Accountants provide a wide range of services including accounting, tax, corporate finance, wealth planning, audit and assurance, business support and business development.

In 2019, Armstrongs Chartered Accountants was crowned Professional Services Firm of the Year at the Coventry Telegraph awards and was a finalist at the British Accountancy Awards in the Independent Firm of the Year – Wales & Midlands category.

For more information on how Armstrongs can help you survive, thrive and achieve fantastic things, please visit www.armstrongs-accountancy.co.uk or telephone (024) 7671 5111.