Press Release

AFB ACCOUNTANTS ANNOUNCES MEMBERSHIP OF THE CORPORATE FINANCE NETWORK

Sherborne based accountancy firm AFB Accountants has been awarded membership of The Corporate Finance Network, a national network of accountancy firms committed to providing clients with excellence in business and corporate finance services. In particular, The Corporate Finance Network member firms provide the specific expertise that is required for deals under £3m in value. AFB has been selected by The Corporate Finance Network as its exclusive representative to cover Somerset and Dorset.

Tim Hague of AFB comments: "Over the past few years we have focused on providing clients with a realistic approach to their business planning which has included the provision of corporate finance solutions. We have seen a significant flow of new enquiries from clients and contacts in relation to business acquisitions and disposals, and other more commercially focused transactions in this time. Membership of The Corporate Finance Network will help us develop a centre of excellence in providing finance solutions and formalise our service standards.

“We think it is crucial for business people contemplating such transactions to be aware that not all accountants have this expertise. This new accreditation will give AFB a significant edge over advisers with limited corporate finance experience.”

Our team is also supported by the Executive Team at The Corporate Finance Network who have over 50 years’ combined experience of advising owner managed businesses in areas such as buying a company and due diligence investigations, exit planning and selling a company, and fundraising and business planning.”

Kirsty McGregor, Chairman of The Corporate Finance Network explains why she chose AFB. “We will only appoint firms who have a forward thinking approach, and a potential to grow this particular service area. Our firms will become known for being the expert in their region, for obtaining the most appropriate finance for businesses, and for buying and selling companies with a transaction value less than £3m. There are few firms out there who can advise SME clients in this highly specialised arena, offering a very practical approach with an appropriate fee structure for the owner managed business, and we believe that AFB will become a valuable member of The Corporate Finance Network.”

Tim concludes: "We are absolutely delighted to be launching this enhanced service. We’re looking forward to integrating new standards and continuing to develop good working relationships with both clients and fellow professionals in the region. AFB is ideally placed to take advantage of the growth in the South West marketplace, and can provide a high quality and specialised alternative to the national and regional firms. I can see a very bright future ahead of us.”

For more information please call 01935 814586.