Scholes Chartered Accountants buys RSM UK’s Lerwick operations

Core Viewpoint - Scholes Chartered Accountants has acquired the Lerwick team from RSM UK, aiming to enhance its services for owner-managed, entrepreneurial clients and become Scotland's largest accounting practice in Shetland [1][4]. Group 1: Acquisition Details - The financial specifics of the acquisition remain undisclosed [1]. - The deal increases the company's team size by one-third across its office network, which includes locations such as Kirkwall, Edinburgh, Aberdeen, Laurencekirk, and now Shetland [2]. Group 2: Strategic Implications - The acquisition is seen as a vital part of Scholes CA's long-term strategy, providing specialist on-the-ground knowledge that will positively impact clients and operations [3]. - Irene Hambleton, formerly a partner at RSM UK, has become the director of Scholes CA's Lerwick office, which employs 20 people [3]. Group 3: Growth Opportunities - The transfer of ownership is expected to offer the Lerwick team more flexibility in project pursuits and continued growth opportunities, benefiting both the team and Scholes CA [4]. - Scholes Chartered Accountants serves a diverse client base across multiple sectors, including agriculture, engineering, fisheries, hospitality, and renewable energy [4].