Transcend Corporate have advised the shareholders of specialist technical accounting advisory firm Luminex Consulting Limited (“Luminex”), Andrew Wigmore and Joe Hill, on the sale of the company to Moore Kingston Smith LLP (“MKS”).
Transcend Corporate, led by Partner Steve Bartlett, supported Andrew and Joe in their selection of a suitable partner for the business and provided hands-on guidance and advice throughout the sale process. The combination of Luminex and MKS will allow Luminex to draw on broader resources and provide its specialist advice to an increased client base.
Luminex serves clients nationally from its office just outside Reading. Its 22 consultants and two partners, Andrew Wigmore (Managing Partner) and Joe Hill, support fast-growth SMEs, private equity-backed businesses, AIM-listed companies and multinational groups.
Luminex supports clients through their year-end and external audit, including outsourced group and subsidiary accounts, technical accounting papers, IFRS conversions and project-based audit or transaction support. The firm also carries out accounting valuations, including purchase price allocations, valuing complex financial instruments and share-based payments.
Andrew Wigmore, Managing Partner at Luminex, commented:
“The team at Transcend provided exceptional support from start to finish. Their strategic insight and hands-on approach were instrumental in identifying MKS as the perfect partner for Luminex’s next chapter. They secured a fantastic outcome for us.”
“As part of MKS, we can draw on a much wider range of expertise while continuing to offer the specialist approach our clients value. It means we can do even more to help businesses across the Thames Valley and the UK navigate financial and strategic challenges.”
“Having a trusted adviser in Transcend gave us the confidence to navigate a complex process with clarity and conviction. We’re delighted with the outcome.”
Steve Bartlett, Partner at Transcend Corporate, commented:
“Advising Andrew and Joe on the sale of Luminex was a privilege. The business has built a strong reputation, and we believe MKS is an ideal custodian to drive its next stage of growth. Congratulations to all involved on a smooth and successful transaction.”
Matt Meadows, Managing Partner at Moore Kingston Smith, commented:
“Luminex is a strong fit for MKS, bringing experience that will help clients manage the complexity their year-end reporting can bring. Its established team and client base strengthen our position in an important market and enable us to offer a wider range of advice. We’re looking forward to bringing together the best of both firms.”