Mon, 01 Dec 2025 | BUSINESS SALE
Private equity-backed accountancy group BK Plus has entered Birmingham city centre for the first time with the acquisition of MDP, a firm providing advice to SMEs and owner-managed businesses across the city.
The acquisition provides BK Plus with its first city centre office in the Midlands, with MDP’s team to continue operating from the company’s current premises in Birmingham. BK Plus, which was founded in Walsall just five years ago, now has 35 offices. The 700-strong group is backed by Palatine Private Equity.
Arran Jones, partner at MDP, commented: "We're excited to be joining BK Plus at such a pivotal time in its journey. Our clients will continue to receive the same personal service and advice they trust, but now with access to even more services, specialists and national support.”
"We've found a true cultural fit in BK Plus, and this next chapter brings fantastic opportunities for our clients and our team."
Fellow MDP partner David Whale said that the MDP teams had worked together for more than 45 years, building “one of best independent corporate accountancy practices in Birmingham city centre servicing the SME market.”
The deal continues a strong acquisitive streak for BK Plus, with the group completing a string of transactions across Yorkshire, Scotland, the North West and the South West this year.
Shaun Knight, Chief Executive of BK Plus, said: "MDP is an important step in our journey, not just because of their quality and reputation, but because it brings us into Birmingham city centre for the first time.”
"It's a return to our Midlands roots with a renewed focus on supporting SMEs in the places where we started. The team at MDP are experienced, trusted and fully aligned with our values."
In accounts for the year to March 31 2024, BK Plus Limited reported turnover of £14 million, up from £8.5 million a year earlier, while operating profit dipped marginally from £1 million to £995,000. In their report, BK Plus’ directors largely attributed the group’s increased revenue to the eight acquisitions it had completed during the year.
Discover how accounting firms are using M&A to meet changing client needs
An exciting opportunity exists to acquire a company specialising in equality, diversity, and inclusion consultancy, paired with a purpose-built SaaS platform designed for UK public sector compliance.
An exciting opportunity has emerged to acquire an established accountancy practice in the South East of England, renowned for its strategic and tax advisory services and robust client relationships.
This well-established London and South East based practice, with a rich 30 to 35-year history, offers a robust portfolio primarily serving local SMEs and boasting average client fees exceeding £2,000.
|
08
|
|
May
|
Precast concrete producer secures funding to continue acquisitive growth | BUSINESS SALE
Unbrako Group, a precast concrete producer based in Nottingh...
|
08
|
|
May
|
QBS Software accelerates EMEA strategy with Turkish acquisition | BUSINESS SALE
Leading software delivery platform QBS Software has acquired...
|
08
|
|
May
|
Las Iguanas wins court approval to advance restructuring plan | ADMINISTRATION
Bristol-founded Latin American restaurant chain Las Iguanas ...
|
30
|
|
Jul
|
Acquisitive BK Plus strikes deal for North East firm | BUSINESS SALE
Private equity-backed accountancy group BK Plus has continue...
|
07
|
|
Apr
|
BK Plus continues Scottish expansion | BUSINESS SALE
Walsall-headquartered BK Plus has acquired four more practic...
|
23
|
|
Oct
|
BK Plus adds Scotland to its expansion drive | BUSINESS SALE
West Midlands accountancy firm BK Plus has made its first ac...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.