# Acquisition Announcement!

> We’re thrilled to welcome Square Mile Accounting to the Ascendant family! Led by David Gormer, Square Mile Accounting has
> URL: https://ascendantaccountants.com/blog/acquisition-announcement/
> Last modified: 2026-07-07T06:45:12+00:00

We’re thrilled to welcome [Square Mile Accounting](https://www.linkedin.com/company/square-mile-accounting/) to the Ascendant family!

Led by [David Gormer](https://www.linkedin.com/in/davidgormer/), [Square Mile Accounting](https://www.linkedin.com/company/square-mile-accounting/) has joined Ascendant as we continue to grow our presence in the Tech and Services sectors of the ‘Finance as a Service’ (FaaS) market.

Both firms share a strong client-first culture, supporting high-growth, investor-backed and owner-managed businesses. This move strengthens our combined revenue to nearly £5 million and deepens our expertise in London and the South East.

*“Ascendant’s model gives us greater scale and resources, allowing our team to focus even more on client service.”* – **David Gormer**

*“This marks another big step towards building a market-leading position in the Tech and Services sectors of the ‘Finance as a Service’ market.”* – **Paul Layte, CCO**

Keep an eye out for our next acquisitions in other regions soon.