Adrian Johnson
TLDR:
- Former KPMG COO Warren Mead left his role after 26 years to start Sumer, an accountancy firm focused on helping Britain’s SMEs.
- Sumer operates on a shared ownership model and acquisition strategy to support high-growth local SME-focused practices.
Key Elements:
Warren Mead, former COO of KPMG, started his own accountancy firm, Sumer, with a focus on supporting Britain’s SMEs. Sumer operates on a shared ownership model and acquisition strategy to acquire high-growth local SME-focused practices and form them into well-supported regional hubs.
With a turnover of £110m, over 1,000 staff, and 40 office locations in the UK and Ireland, Sumer has quickly grown since its launch in 2023. Mead saw the need to support local firms that are the “lifeblood” of Britain’s economy, especially in the face of challenges like Brexit and the COVID-19 pandemic.
Despite the financial success of Sumer, Mead emphasizes the importance of the human side of the business, focusing on genuine relationships and connections. He plans to continue prioritizing the power of human relationships moving forward.
