Count equity firm Bruce Edmunds & Associates (Bruce Edmunds), has announced the purchase of the accounting client book of May Klye & Associates (May Klye).
The announcement continues Count’s expansion in Victoria, coming within one week of the news that Count would purchase the accounting client book of Business Accounting Melbourne through Kidmans Partners.
Based in the Melbourne suburb of Cheltenham, May Klye is a long-standing financial services practice with significant accounting expertise. The business has accounting and bookkeeping revenues of $1.2m.
Count Chief Executive Officer, Hugh Humphrey, said the client book acquisition would create scale benefits for Bruce Edmunds.
"Count continues to invest in quality businesses that expand our client base and accounting revenues as a result. May Klye’s clients and team will benefit from the significant experience and knowledge we have within Bruce Edmunds, a business that was founded in 1966 and has a proven track record of delivering exceptional outcomes.”