Aberdeen based Pipeline Accounts is to rebrand as Carnegie Knox as part of the parent company’s five year strategy plan.

Since the acquisition of Pipeline Accounts by Carnegie Knox in April 2014, the business has continued to trade under its existing name.

Carnegie Knox has existing successful operations in London and the Isle of Man, and sees the rebranding of the Aberdeen office as the next step in creating a national contractor focused practice.

Carnegie Knox is part of the Knox group of companies, which is an independent group of businesses with over £1.25 billion of assets under management and administration.

Employing over 200 people, the group of companies offer financial, investment and property management services to a diverse and expanding client base.

The group also has a trust, tax and pensions planning arm which deals with both corporate and personal clients, including the provision of services to family offices.

David Powell MD of the Carnegie Knox group of companies, commented, “The acquisition of Pipeline Accounts from Bon Accord Accountancy in 2014, was a game changer for Carnegie Knox as we have traditionally had a back office presence in the contractor market. The Pipeline acquisition gave us the opportunity to alter that approach and offer more face to face contact with contractors who are primarily based out of Aberdeen in the offshore Oil and Gas industry. Offering a personal and first class service is key to our continued success and although following the acquisition we have had a change in approach and personnel, we now consider that the time is right to reposition under the parent brand.”

Senior Client Manager, Alan MacPherson welcomed the rebranding: “We are a sizable practice with 22 highly committed individuals in our team. We take pride in the range of services we offer and have the backing of a large organisation with the relevant expertise and specialisms to take advantage of the opportunities available in what is presently a difficult time for our clients in the oil and gas sector.

The rebranding enables us to continue providing a personal service to our clients as well as offering a wider range of services and take advantage of the positive connotations that the parent brand enjoys.”

The company will be marking the rebranding by holding a celebration evening for clients at the start of September.

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