Mazars Financial Planning, the wholly owned Financial Planning and advisory business of leading accountancy firm Mazars LLP, has acquired the business and assets of Redbourne Ltd, a specialist employee benefit administration business.
Redbourne was established in 2000, and has been developed by Richard Stewart and Steve Carter, who remain with the business on its transfer to Mazars. The company has grown rapidly since its foundation, attracting a robust client base across a variety of sectors. Its core product, The Benefits Hub, provides a complete web-based employee benefit management solution alongside dedicated administration services.
Currently based in Surrey, Redbourne’s management and staff will move to Mazars’ UK headquarters in Tower Bridge House, London in due course.
Ian Pickford, Mazars partner and Advisory Services Director at Mazars Financial Planning comments: "We are delighted to announce the completion of this deal. Redbourne has built up a robust set of products and services over a relatively short time, attracting and maintaining an impressive list of clients. The addition of Redbourne’s products and team will significantly strengthen our advice-based employee benefit proposition post RDR, in terms of both intellectual property and skill set. It represents an important plank of the restructuring of our corporate offering. It is also great strategic fit for Mazars LLP as whole, and in particular compliments the expertise and experience within the Employee Tax Services team. “
Richard Stewart, Director at Redbourne, says: “We are delighted to be joining Mazars and look forward to supporting their employer services proposition. This move provides a strong strategic fit for Redbourne to help employers deliver modern and valued employee benefits. Together, we will offer an unparalleled range of expertise and services based around the Redbourne technology platform and the full range of Mazars’ advisory and service offerings.”
