Apiary Capital exits Shaw Gibbs
Apiary Capital exits leading accountancy and tax advisory provider Shaw Gibbs to ECI Partners.
Shaw Gibbs is one of the UK's leading accountancy, tax and business advisory firms servicing c.25,000 clients. Combining local service, deep technical expertise and innovative solutions, the business helps clients navigate increasingly complex financial and regulatory environments through a comprehensive suite of advisory, accounting, tax and audit services.
Apiary invested in Shaw Gibbs in November 2022 and supported the management team to make 14 acquisitions, expanding its reach across the UK and Ireland.
Peter O’Connell, CEO of Shaw Gibbs: “I’d like to extend a heartfelt thank you to Chris and the team at Apiary for their belief in our business and their partnership which allowed us to scale so successfully. With Apiary Capital’s support, we have built a market leading accountancy firm, and I am excited to partner with ECI for this next stage of our growth.”
Chris Heawood, Partner at Apiary Capital: “We are incredibly proud to have been a part of Shaw Gibbs’ journey following our initial investment almost four years ago. Since then, Peter and the wider leadership team have transformed the business, growing the team from 100 to over 800 people, while retaining a dynamic and collaborative culture, and continuing to deliver exceptional client service. We look forward to following Shaw Gibbs’ continuing growth story under ECI ownership.”