Advice firms Paradigm Norton and The Red House Consulting have signed a merger deal as acquisitions continue apace in 2018.
The firms did not disclose the value of the deal, which gives Bristol-based Paradigm a further foothold in the London market, but said that had been at least a year in the making.
The deal means Paradigm now has a team of more than 55 across three offices.
Paradigm Norton chief executive Barry Horner says: “We are absolutely thrilled to be merging with The Red House, a firm we have watched for a number of years, who share our values, passion and commitment to delivering an excellent client experience.”
The pair have also set up a dedicated website about the merger. Paradigm Norton’s latest accounts show it made a £794,000 profit in 2017 – more than double the previous year;s margin – on turnover of more than £4.5m.