Accountancy firm Azets has secured investment from a private equity firm.
PAI Partners will now hold an equal stake in the business alongside current owners Hg, an investor in European and transatlantic software and services businesses.
Azets was formed by Hg six years ago, in response to the growing digitalisation of financial compliance processes for SMEs. Since then, the Group has grown to become a large tech-enabled providing of professional advisory, financial and accounting services to SMEs globally.