France-based consulting and public accounting firm Baker Tilly has acquired Serco Partners, an accounting and auditing company based in Toulouse and Labège, Haute-Garonne.
With this move the firm aims to reinforce its position in the Toulouse economic region.
Furthermore, the acquisition is expected to increase the firm’s turnover in the area to €10m ($10.4m), further solidifying its presence in this market.
This strategic decision is in line with Baker Tilly France’s plans to double its turnover to €400m by 2030.
Baker Tilly International CEO Francesca Lagerberg said: “We are delighted to welcome the team at Serco Partners to the Baker Tilly network.”
“This partnership underscores our dedication to staying ahead of clients’ evolving needs, especially during a time of rapid digital transformation, globalisation, and heightened corporate responsibility.”
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By GlobalDataThe merger will combine Serco’s established reputation with Baker Tilly’s resources, aiming to improve client service and support business growth in one of France’s most dynamic regions.
Baker Tilly France president Samuel Ronflé said: “The acquisition of Serco Partners marks another milestone in our expansion within the Toulouse region. Following our earlier acquisitions of Dédia in 2021 and Act21 in 2023, Baker Tilly now operates three entities in Toulouse.
“This addition strengthens our expertise in the mass distribution sector and reinforces our ability to provide specialised, value-added services to our clients, building long-term trust.”
Earlier in December 2024, the firm appointed Chakib Zaari as its new regional chair for the Middle East and Africa (MEA) region.
In this role, Zaari will also serve on the firm’s International Board, effective immediately.
In October 2024, the firm acquired Alirrium, a provider of Robotic Process Automation (RPA) advisory and implementation services.
With the acquisition, the firm intends to strengthen its expertise in RPA, AI and machine learning, helping businesses modernise their operations and strengthen their competitive edge.
