Optimal Accountancy, the North East–based firm of accountants and business advisors, has completed its first acquisition as part of an ambitious buy‑and‑build growth strategy, announcing the purchase of specialist finance consultancy FinFrac Limited.
The acquisition marks a significant milestone for Optimal Accountancy as it accelerates its plan to build a modern, technology‑enabled advisory group focused on supporting SMEs with high‑quality accounting, finance, and strategic insight.
FinFrac Limited, known for its fractional finance director services and hands‑on support for scaling businesses, will integrate into the Optimal group while continuing to operate under its established brand. The acquisition strengthens Optimal Accountancy’s advisory capability and expands its footprint across the region’s fast‑growing entrepreneurial and owner‑managed business community.
Paul White, Senior Partner at Optimal Accountancy, said:
“FinFrac Limited is a perfect strategic fit. Their team brings deep expertise in finance leadership and operational support, which complements our existing accounting and advisory services. This acquisition is the first step in a wider programme to bring together high‑quality, founder‑led firms that share our values and our commitment to helping clients grow.”
The acquisition forms part of Optimal’s long‑term plan to build a group with national reach, combining local relationships with modern, technology‑driven service delivery. Further acquisitions are expected as the firm continues to target specialist advisory, outsourced finance, and niche accounting providers.
Thomas Jobling Founder of FinFrac Limited, added:
“Joining Optimal Accountancy gives us the platform to scale our services and reach more businesses that need flexible, senior‑level finance support. We’re excited to be part of a group that is investing in people, technology, and long‑term client relationships.”
Optimal Accountancy is a Group Company of Stephenson Capital, a very long term investment company that acquires and builds enduring businesses with along term investment plan measured in decades not years.
Optimal Accountancy confirmed that all FinFrac staff will remain with the business, with additional recruitment planned as the combined group continues to grow.
