Apiary-backed accountancy practice Shaw Gibbs acquires Wise & Co

Shaw Gibbs, a leading accountancy practice based in Oxford, has completed its first acquisition since Apiary Capital’s investment in November 2022. The acquisition of Wise & Co expands Shaw Gibbs’s geographical footprint and enhances the breadth of expertise offered to clients across the group.

“There is no doubt that we will gain and learn a significant amount from our partnership with Wise.”

Peter O’Connell, Managing Partner, Shaw Gibbs.

Surrey-based Wise & Co is a respected firm of chartered accountants and business advisers with 70 staff providing clients with accountancy, tax, business and strategic advisory services. Apiary invested in Shaw Gibbs last year to support the management team’s ambitious buy-and-build strategy.

Sharmini Woodings, Managing Partner of Wise & Co commented: “We were seeking a firm with whom we could easily integrate and who would be supportive of the growth of our practice locally. Shaw Gibbs are a great fit for us and joining forces with them will provide us with access to a new range of in-house expertise.”

“There is no doubt that we will gain and learn a significant amount from our partnership with Wise,” said Shaw Gibbs Managing Partner, Peter O’Connell. “They have an abundance of skills, experience and market-knowledge. Our plan is to retain and develop Wise’s existing team in order to support the growth of their operations in Farnham.”

Chris Heawood, Investment Director at Apiary Capital, remarked: “We are delighted to support Peter and the team as they make their first strategic acquisition. Wise & Co is an attractive business with an experienced and dedicated team, and we look forward to working with the group as it goes from strength to strength.”