Access UK Limited entered into an agreement to acquire Accountants Practice Management Group from Reckon Limited (ASX:RKN) for $100 million on May 19, 2022. Deal is subject to regulatory approvals in Australia. The Transaction is expected to complete within the next three months. On June 14, 2022 Reckon Limited advised that the Australian Competition and Consumer Commission will not oppose the deal. Rothschild & Co acted as Financial advisor and Nicole Pedler, Kwok Tang and Patrick Gay of Herbert Smith Freehills LLP acted as legal advisor to Reckon Limited.

Access UK Limited completed the acquisition of Accountants Practice Management Group from Reckon Limited (ASX:RKN) on August 1, 2022. Reckon will continue working with the Access Group under a temporary transitional services agreement to ensure an efficient and successful handover for all assets, staff, clients, and employees.