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DUNCAN & TOPLIS ACQUIRE DERBYSHIRE – BASED COMPANY

Capital and Trust - February 24, 2025 -

DUNCAN & TOPLIS ACQUIRE DERBYSHIRE – BASED COMPANY

Duncan & Toplis has expanded its regional presence with the acquisition of Derby-based accountancy firm Underwood Green, marking the firm’s first office in Derbyshire. The deal is part of Duncan & Toplis’ largest period of growth to date and aligns with the company’s centenary year celebrations.

The acquisition broadens the firm’s reach across the Midlands, adding to its established network of offices in Lincolnshire, Leicestershire, Nottinghamshire, and London. Underwood Green will now operate under the Duncan & Toplis brand, with all team members—including founding directors Gary Underwood and Richard Green—continuing in their current roles at the Pride Park office in Derby.

Damon Brain, CEO of Duncan & Toplis, commented:

“This is a milestone moment for us as we establish our first base in Derbyshire. While we’ve supported clients in the region for many years, bringing the Underwood Green team on board means we now have a local team embedded in the city. Gary, Richard and their colleagues share our values and reputation for service excellence, and we’re excited to welcome them into the group.”

The acquisition is expected to strengthen service offerings for clients across the region, giving them access to a wider portfolio of business advisory and accounting services through Duncan & Toplis’ national infrastructure.

Gary Underwood, Co-Founder of Underwood Green, said:

“Joining Duncan & Toplis is a fantastic opportunity. Their scale and expertise mean our clients will benefit from enhanced services and wider support, while our team gains access to more resources and long-term career opportunities.”

Richard Green, Co-Founder, added:

“This is a strategic and cultural fit for us. Duncan & Toplis shares our values, and being part of such an ambitious and forward-thinking group brings exciting possibilities for our team and our clients alike.”

The transaction has received full regulatory approval. Duncan & Toplis continues to pursue further acquisition opportunities as part of its ongoing growth strategy, targeting like-minded firms that align with its ethos and client-first approach.

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