UK accountancy group Sumer has appointed Nick Taylor as Chief Monetary Officer following the retirement of co-founder and former CFO Nigel Carr.
Taylor, beforehand head of M&A, has been central to the agency’s speedy enlargement and can now oversee its broader monetary technique and progress initiatives.
Taylor, who joined the agency in a senior M&A task, has overseen 34 transactions in simply over two years, together with acquisitions and strategic partnerships, positioning Sumer as one of many fastest-growing mid-market accountancy teams within the UK. He’ll report back to CEO Warren Mead.
“Nick is an excellent colleague and an distinctive chief,” Mead stated. “His monitor file speaks for itself – with the help of his excellent staff, he has delivered on and built-in 34 transactions in simply over two years, delivering vital worth for our stakeholders.”
As head of M&A, Taylor performed a key function in integrating acquired companies and aligning them with Sumer’s nationwide technique. His promotion is meant to make sure continuity within the firm’s monetary management whereas supporting its ongoing progress trajectory.
“I’m delighted to tackle this expanded function and excited in regards to the alternatives forward,” Taylor stated.
“Working alongside Warren and your entire Sumer staff, we’ve constructed robust monetary foundations and pushed speedy progress. I sit up for persevering with this momentum as we ship on our mission to champion SMEs all through the UK.”
Sumer was established in 2022 and has rapidly grown by means of a consolidator mannequin, buying small and mid-sized accountancy companies whereas permitting them to keep up a level of operational independence.
The agency now employs 2,400 employees throughout 65 UK workplaces and supplies audit, tax, company finance, and advisory companies.
