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Carbon Group moves into South Australian market

Business

An accounting and bookkeeping network has moved into the South Australian market with its tenth M&A deal since 2014.

By Jotham Lian 8 minute read

Perth-based Carbon Group has announced a merger with South Australian bookkeeping firm Your PA Business Services, as it looks to follow through with its aggressive growth and acquisitions strategy to launch nationwide.

Your PA Business Services owner Kelly Bayly welcomed the merger and said she would look to continue to service the Gawler region with greater capacity.

The merger will see Carbon operating in three states, including Western Australia, Victoria, and South Australia, as it looks to expand internationally to New Zealand, Canada and the UK.

Earlier this year, Carbon kicked off its acquisition plans for 2018 by merging with a Perth-based outfit.

“Our plan is to open hubs state-wide across Australia. South Australia presents a great opportunity and has been on the horizon for some time,” said Carbon Group co-founder Jamie Davison.

“Gawler is a major service centre north of Adelaide. It has a thriving small business community with multiple developments in the process such as their Business Innovation Hub. It’s a vibrant town exuding a sense of business purpose, innovation and success. It was an obvious choice for our next location. We’re looking forward to servicing the greater Gawler region.”

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Jotham Lian

Jotham Lian

AUTHOR

Jotham Lian is the editor of Accountants Daily, the leading source of breaking news, analysis and insight for Australian accounting professionals.

Before joining the team in 2017, Jotham wrote for a range of national mastheads including the Sydney Morning Herald, and Channel NewsAsia.

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