Evelyn Partners acquires Leathers LLP

Deal will expand the firm’s professional services presence in the North of England

08 Feb 2023
  • The Evelyn Partners team
The Evelyn Partners team
Authors
  • The Evelyn Partners team The Evelyn Partners team
Andrew Wilkes

Evelyn Partners acquires Leathers LLP

Deal will expand the firm’s professional services presence in the North of England

Evelyn Partners, the leading wealth management and professional services group, is pleased to announce that it has acquired Leathers LLP, a well-established firm of Chartered Accountants and tax specialists with offices in Newcastle and Harrogate.

Leathers was founded in 1990 by Michael Leather and is focused on advising high net worth individuals, families, business owners and corporates, with strong expertise in personal and business tax planning, succession planning, as well as property and business structuring. It offers a broad array of audit, accountancy, tax compliance and corporate finance services.

Andrew Wilkes, Chief Professional Services Director of Evelyn Partners, said: “We are delighted to have acquired Leathers LLP. Michael Leather has built a highly respected firm with a great client base and one which is a very complementary fit with Evelyn Partners both in terms of expertise and culture. Strategically this acquisition will further develop our professional services presence in the North of England, supporting our ambition of being able to provide our range of professional services to private clients and businesses right across the UK. I look forward to welcoming Stuart Wright and Ryan Harrison to the partnership group where their expertise and experience will be a great asset to us in developing our professional services offering in the North of England.”

Michael Leather, Senior Partner and Founder of Leathers LLP, said: “Forward planning, client service and development of the team have been at the forefront of our success but in a changing environment, it is time for the business to gear up, extend the resources available to clients and to further develop the client service offering. Identifying the best way to do this has been challenging, but Evelyn Partners’ clear commitment to developing the business and their range and depth of resource have been key to the decision we took.”

About Evelyn Partners

Evelyn Partners was created in 2020 through the merger of Tilney and Smith & Williamson. With £63.0 billion of assets under management (as at 31 December 2024), we are one of the largest UK wealth managers ranked by client assets.

Through an extensive network of offices across 25 towns and cities in the UK, as well as the Republic of Ireland and the Channel Islands, we support private clients, family trusts and charities, as well as provide investment solutions to financial intermediaries. Our diverse client base includes entrepreneurs, C-suite senior managers and partners of professional firms.

Our expertise span both award-winning financial planning and investment management, enabling us to offer clients a truly holistic dual expert wealth management service. Through Bestinvest, we also provide an online investment platform and coaching service, for self-directed investors, consistent with our purpose of ‘placing the power of good advice into more hands’.

Disclaimer

By necessity, this briefing can only provide a short overview and it is essential to seek professional advice before applying the contents of this article. This briefing does not constitute advice nor a recommendation relating to the acquisition or disposal of investments. No responsibility can be taken for any loss arising from action taken or refrained from on the basis of this publication.

Issued by the Evelyn Partners group of companies (the “Group”) which comprises Evelyn Partners Limited and any subsidiary of Evelyn Partners Limited from time to time. Further details about the Group are available at: https://www.evelyn.com/legal-compliance-regulatory/registered-details