Accountancy firm hits £100m revenue milestone
In 2023, Jerroms became part of Sumer, a collaboration of renowned regional accountancy practices with a shared vision to champion local small to medium-sized enterprises.
As part of their exciting journey, Sumer Group has been recognised as a top 15 UK accountancy practice, reaching more than £100m in revenue in just 12 months after its first acquisition. Sumer are on a mission to champion SME businesses and offer local delivery, supported by national expertise.
The practice delivers services to the UK’s small and medium-sized enterprise (SME) communities with more than 40 offices and a team of over 1,000 colleagues.
Backed by substantial investment from Penta Capital and BlackRock, Sumer’s strategy is to form regional Hubs throughout the UK, focused exclusively on the SME market.
The Hubs announced so far include: RT Marke & Co, Monahans and Carpenter Box in the South West; RMT Accountants & Business Advisors in the North East; RT Marke & Co, Jerroms in the West Midlands; Simmons Gainsford in London; Cowgills in the North West and EQ Accountants in Scotland.
Mark Eden, managing partner at Jerroms, said: “We are excited to take the next step in our journey, having joined the rapidly expanding Sumer Group. This represents a pivotal moment for us. Sumer will enable us to further support our business strategy and future growth ambitions. We will be creating fantastic opportunities for our firm, our people, and our clients.”
Warren Mead, chief executive officer at Sumer, said: “Jerroms is a highly respected West Midlands firm with a strong commitment to helping their clients prosper. That is exactly the kind of ethos we are building at Sumer. Mark and the team have done an incredible job nurturing a business that their clients love and value. We're very excited to be welcoming them into the Sumer Group."
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Pictured: The Jerroms office