East Midlands accounting firm Duncan and Toplis has won investment from private equity firm Blixt Group. The accountancy, business adviser and wealth manager, which has a dozen or so offices around the region, said it was making the deal in order to gain fresh backing to accelerate its growth plans.
Blixt is a European private equity firm headquartered in London, with access to more than €250 million of long-term institutional investor funding. It has focussed investment on the UK accounting, wealth management and legal services sectors, taking stakes in growing businesses.
Last month Blixt invested in another East Midlands business when its legal arm Lawfront acquired Nelsons.
