WELLS-based accountancy firm Probusiness has been taken over by chartered management accountancy company OD Accountants.

Established over 20 years ago by Martin Bowe, Probusiness provides firms with accountancy services from payroll and bookkeeping through to specialist tax advice and statutory accounts.

Its purchase by London-based OD Accountants sees Probusiness now offering additional cloud-based, digital accountancy services and applications.

OD Accountants founder Niall O’Driscoll said the synergies between both companies in their approach to developing long-term, positive working relationships with clients and delivering tailored support that enables businesses to make good decisions was a major attraction.

He saw the opportunity for both organisations to grow and develop through enhanced complementary services they are now able to offer.

He said: "I am thrilled and excited with the opportunity to take Probusiness and OD Accountants on the next stage of their respective journeys.

"Martin has created and grown a successful accountancy firm in Probusiness with clients locally, regionally and nationally, and our aim is to further build on those foundations.

"The team is an experienced and conscientious one and a great fit with the ethos and team here at ODA."

Mr O'Driscoll added: "Our aim moving forward is to use the mutual benefits this new development brings to both businesses and their clients, along with our objectives to grow the Probusiness client base in the South West, and the ODA client base in the South East.”

Mr Bowe said while the time was right for him to step away, it was important to find someone who shared his outlook of building positive, long-term, valuable client relationships.

He added: "What was clear from the very earliest discussions with Niall is that he is passionate about his team, his clients and delivering accountancy services that make a positive difference.

"This is the approach that we have taken from day one at Probusiness and it was vitally important for me to find that match.

“Niall clearly values what Probusiness does and how it does it and both businesses bring something new and beneficial to each other respectively in terms of services offered.

"The digital focus from ODA blends well with our tax team and core services here at Probusiness and vice versa.

“I have no doubt that Probusiness and its clients are in safe hands with Niall at the helm and I am looking forward to seeing both businesses flourish as a result of this development."