The platform intends to extend a ‘big four’ style approach to SMEs, equipping them to navigate changing business landscapes effectively.

The CT: Evolve initiative, under the leadership of consulting partner David Shadwell, leverages the collective know-how of CT’s extensive team, comprising more than 180 individuals. The team’s experience spans diverse industry sectors throughout Scotland and across the UK.

The new division will concentrate on providing a plethora of solutions centred around sustainability, technological advancements, data handling, innovative practices, and strategic planning, all curated to address specific client needs.

In addition, CT: Evolve plans to guide businesses in transitioning towards a lower carbon footprint economy, creating robust brand value, and mitigating core risks. The team is committed to fostering a culture of innovation within client businesses, boosting growth, productivity, and profitability.

This move is in line with CT’s broader rebranding and restructuring campaign aimed at moulding the firm to better cater to its progressively growing and evolving clientele.

Bringing over two decades of experience within big four and other business advisory firms, Mr Shadwell said: “The launch of CT: Evolve acknowledges the fast-changing business landscape and growing demand amongst SME clients who are searching for a trusted partner to help them successfully navigate these challenges.”

“This new division is backed by our diverse and experienced team of colleagues across CT, who have a deep understanding of the risks, uncertainty and opportunities facing businesses today. While disruption and change are now a constant, we will help businesses solve issues, create value, improve performance and ultimately maximise their growth.”

CT partner and executive committee member Neil Norman added: “This new service is part of the ongoing evolution of our firm, continuously innovating our service offering to ensure our clients can grasp new opportunities and continue to thrive.

“We remain focused on ensuring the firm is ideally placed to support our clients for the modern economy.”