Ascendant, the fast-growing business advisory and accountancy group for ambitious SMEs, has secured a substantial amount of funding from Thincats, a leading alternative lender.
The investment will support Ascendant’s continued expansion, including the acquisition of two significant accountancy firms joining the group, as well as providing capital for further growth initiatives.
Ascendant has built a reputation for redefining how accountancy supports modern businesses, combining smart technology with straight-talking commercial advice to help owners make better decisions and grow with confidence.
David Inglesfield, CEO of Ascendant, said:
“We are delighted to be partnering with Thincats to power the next stage of Ascendant’s growth.
Ascendant is ‘Accounting Rebooted’. We make accounting faster, easier and more useful for growing businesses, using smart technology and delivering practical, straight-talking advice that helps business owners move forward with clarity and confidence.
This investment enables us to bring Ascendant’s unique blend of tech-powered, human-led support to even more business owners across the UK, while continuing to invest in our people, systems and acquisitions.”
Ascendant’s growth strategy focuses on building a modern, scalable group that supports SMEs beyond compliance, providing proactive insight and finance leadership tailored to the needs of ambitious, growing businesses.
Stuart Thompson, Head of Transitional Capital at Thincats, said:
“We are delighted to support Ascendant’s growth journey. The Ascendant team have developed a distinctive and scalable model, powered by talented people and innovative technology.
Thincats’ Transitional Capital exists to help businesses like Ascendant grow further and faster, and we look forward to supporting the team as they continue to expand.”
This latest funding marks the next step in Ascendant’s mission to reshape how accountancy and finance services are delivered to the UK’s growing business community.
