Nuvo Group buys Newcastle's Blu Sky in latest accountancy roll-up
What's the deal? Nuvo Group has acquired Blu Sky Chartered AccountantsDealroom has a profile for this one. Try Dealroom →, a Newcastle firm that advises growing businesses on accountancy and business services. Terms were not disclosed.
What's the endgame? The deal extends Nuvo's footprint into the North East as it builds out its accountancy and business services platform.
What changes? Blu Sky keeps its name, team, and offices in Newcastle and London. Founder Jon Dudgeon and chief financial and growth officer Steve Robinson will continue to lead the business, a certified B Corp.
The signal: The acquisition is part of a wider buy-and-build push across UK accountancy, where consolidators are snapping up regional firms to assemble national platforms.
Read more: thebusinessdesk.com
Image credit: Glen Bowman
