Professional services business MPA has acquired EFM Financial Management Limited and Outsource-FD Limited, both trading as EFM, expanding its services and adding even more value to clients and SME businesses.
Based in Newport Pagnell, MPA specialises in all aspects of innovation, partnering with businesses in all sectors to provide a range of professional services, from accounting, tax services and funding opportunities through to business advice, that have been carefully tailored to help grow UK businesses.
The company’s five-year strategy aims to expand its services and to significantly increase the value it provides to clients, an aim that is at the core of MPA’s vision ‘to see a thriving UK economy fuelled by research and innovation.’
EFM, based in Luton, was established in 2000 as a cost-effective, outsourcing solution for entrepreneurial businesses that did not have the in-house capability or access to a high level of financial expertise. The company provides board advisors, finance directors, financial controllers and business advisors to SMEs for strategic consultancy and decision-making, helping companies refinance, acquire significant assets, and exit founders at the best value. Outsource-FD Limited offers qualified and experienced finance teams providing budgeting, forecasting, monthly management accounts, bookkeeping, payroll, credit control and VAT services.
In 2010, EFM launched a major expansion initiative and successfully licensed the brand and business model, creating a network of highly skilled financial professionals. Both companies are located throughout the UK and the Republic of Ireland.
Gary Jesson, Director at EFM, said:
“We are delighted to be joining MPA and contributing to their vision and plans to expand their professional services group. Whilst the services and structure of the EFM associate network in UK and Ireland remains unchanged, the acquisition will provide our clients, referrers and associates with an enhanced financial management service offering without compromising standards and quality. Both EFM and MPA share similar cultures and values which will be hugely beneficial to our clients, colleagues, and wider stakeholders.”
The growing importance of fully supporting SMEs
There have been multiple shocks to the UK’s economy and society as a result of global events. Consequently, business leaders are having to navigate their organisations through increasing uncertainty and complexity in order to survive and thrive. Defining and implementing strategies which deliver stability and growth in challenging times is easier with the support, clarity and certainty offered by MPA and EFM.
“I am delighted to add the EFM companies to our group here at MPA. EFM and MPA complement each other perfectly, giving a more comprehensive package of services for SMEs from start-up through scale-up and on to eventual exit.”