Walker Smith acquires Income Made Smart

26th March 2018

Walker Smith are pleased to announce that our group has grown again with the acquisition of London based contractor accountancy firm Income Made Smart (IMS).

IMS is Walker Smith’s fourth acquisition with previous acquisitions having increased our international customer base and enhanced our freelance product offering.

This acquisition will take contractor numbers to over 5,000 which puts Walker Smith in the top 10 of contractor services businesses in terms of client numbers.

As with previous acquisitions IMS will continue to operate as a stand-alone brand with the increased scale of the group enhancing the client experience.

This latest acquisition does however signal the start of a larger strategic overhaul which will see our group reposition its brands and products going forward.  We look forward to launching an overarching Master-brand group proposition in the coming months with detail of how we plan to service the entire flexible working population in years to come.

Management were supported by Fieldfisher London for legal advice and BDO provided diligence support.

 

Matthew Tyson, Group Managing Director at Walker Smith Global, said:

“With the continued growth of  flexible working and with more and more people choosing to work this way we want to continue to be at the forefront of this exciting and fast growing market; making it as easy as possible for more workers to work in this manner.

We were impressed by IMS’s growth and track record and felt they could seamlessly fit in with our existing group of businesses. This latest acquisition marks the beginning of an exciting new chapter for the Group. Not only have we expanded our footprint in the UK but more importantly this and the strategic work we are doing at group level will allow us to service even more workers going forward.”