Yorkshire-based accountancy firm Shenward has acquired London-based John Cumming Ross Ltd (JCR) as part of its national expansion strategy. The deal includes JCR’s subsidiary, Jaycee Comservices Ltd.
JCR, a long-established firm with over 35 years in the industry, provides services such as tax planning, audit and assurance, financial planning, and consultancy. The firm has expanded internationally and employs 27 accountancy specialists.
The acquisition aligns with Shenward’s plan to strengthen its presence in major UK cities. JCR will rebrand immediately under the Shenward name, with all employees and directors remaining in their roles. Shenward, which already operates in Leeds and Cleckheaton, aims to build on its London-based client portfolio and professional network.
The JCR acquisition will nearly double Shenward’s team and client base. The firm’s long-term strategy includes acquiring two more practices, adding a fourth partner, and expanding to a 100-person team by 2030. The acquisition was financed by Lloyds Bank, with legal services provided by Eaton Smith.
