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 fast growth and can now oversee its broader monetary technique and development 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 observe report speaks for itself – with the help of his excellent group, he has delivered on and built-in 34 transactions in simply over two years, delivering important worth for our stakeholders.”
As head of M&A, Taylor performed a key position in integrating acquired corporations 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 development trajectory.
“I’m delighted to tackle this expanded position and excited in regards to the alternatives forward,” Taylor stated.
“Working alongside Warren and all the Sumer group, we’ve constructed sturdy monetary foundations and pushed fast development. I look ahead to 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 via a consolidator mannequin, buying small and mid-sized accountancy corporations whereas permitting them to keep up a level of operational independence.
The agency now employs 2,400 workers throughout 65 UK places of work and offers audit, tax, company finance, and advisory providers.
