London-headquartered international accountancy and consultancy firm Affinity Associates has bought financial services group Flemmings for an undisclosed sum.
This comes as Affinity Associates was given an undisclosed seven-figure finance package from HSBC UK.
The HSBC UK-backed deal sees 28 Flemmings employees become part of Affinity Associates, taking the total number of employees to 100 in the UK. In addition, the business’s Croydon office will join Affinity Associates’ network of global offices.
Founded in 1989, Croydon-based Flemmings offers accountancy, financial advice, property consultancy, and wealth management services.
Dharmesh Amin, director at Affinity Associates, said “We are delighted to welcome Flemmings to the Affinity Associates family. Its shared values and collaborative approach to business make the two organisations an ideal fit – and we are looking forward to seeing what can be achieved together.
“We also want to thank HSBC UK for its support in making this acquisition happen. We are excited about the future as we start making our growth plans a reality.”
Established in 1987, Affinity Associates has 14 offices globally and provides a range of services, including accounting, statutory audits, taxation, and financial services.
