Respected accountancy firm Clemence Hoar Cummings has begun a new chapter in its prestigious history following an investment from Explorator Group Ltd.

Serving the needs of clients for the last century, Clemence Hoar Cummings has played an important role in the lives of businesses and their owners in and around London.

This new deal struck with the Explorator Group Ltd, a company specialising in the enhancement of independent practices, will bring both capital and expertise to the practice as it looks to the future.

Using the funding acquired through Explorator, the firm will now expand its service lines and integrate cutting-edge technology to reach new audiences of entrepreneurs and private clients.

Clemence Hoar Cummings has recommitted itself to maintaining the unique culture of the firm, while simultaneously enhancing the range and depth of services offered to clients.

To facilitate this new phase of growth and innovation, a new entity, Clemence Hoar Cummings Ltd (CHCL), has been formed.

The leadership team of CHCL will include John Capper FCA, CEO of Explorator Group, serving as the Executive Chair, alongside David Belbin, David Bransbury, Lee Blunden and Kinga McLaughlin.

This blend of existing leaders with new oversight promises a seamless transition with an eye towards future growth and development.

“Our decision to partner with Explorator Group Ltd comes after careful consideration and reflects our commitment to both our valued clients and our talented team,” said David Belbin, who continues in his role as Managing Director of the practice.

“This partnership ensures that we not only continue to offer top-tier tax planning and growth advisory services but also enhance our capabilities to meet the ever-evolving needs of our clients.”

Clients of the firm have been assured that the transition will be smooth, with minimal changes in how services are delivered.

All managers and support teams will remain in place, and all contact details will stay the same.

“We are thrilled to embark on this new journey with Clemence Hoar Cummings and are eager to share the enhanced benefits of working within our group,” added Richard Bartlett, the Founding Partner of Explorator Group Ltd.

“As Clemence Hoar Cummings steps into its next 100 years, our focus is to support the team as they continue to deliver exceptional service to their clients and foster growth.”