Mon, 31 May 2021 | BUSINESS SALE
Newly formed Walsall-based accountancy BK Plus has made its first acquisition with the takeover of Warwickshire-headquartered Chapman Nash Accountancy. BK Plus was founded earlier this year by David Baldwin and Shaun Knight and has rapidly grown to over 40 staff.
BK Plus provides support for a range of businesses, from SMEs to larger corporate entities. Chapman Nash meanwhile, which was founded in 2008, offers general and specialist financial advice and services.
The acquisition enables BK Plus to expand its business to clients north and south of Birmingham, while giving Chapman Nash the scope to grow its services as part of a wider group.
Following the acquisition, Chapman Nash’s office will be rebranded as the firm seeks to attract more clients and staff.
Commenting on the deal, Shaun Knight of BK Plus said: "We are delighted to have agreed the acquisition of Chapman Nash as we enhance our offer to businesses across the Midlands.”
"It is fantastic to join forces with such a well-respected firm in our first major acquisition, so soon after launching the business."
Chapman Nash’s Jeremy Chapman added: "We are pleased to be joining forces with another firm which has a similar philosophy to us in how we look after clients. Joining together with a larger organisation offers new opportunities, while allowing us to keep some autonomy in the Warwickshire office."
Emma Nash of Chapman Nash, meanwhile, said: "In teaming up with BK Plus, we shall not only continue advising our valued client base but also, with the additional support, strengthen and expand our services to both existing and potential businesses."
Read more about advice sector M&A.
Find businesses for sale here.
If you are looking for an exit, we can help!
An established energy management consultancy, specialising in procurement and renewable energy, is on sale due to owner retirement. It boasts a diverse commercial client base, long-standing contracts, and global outreach potential, supported by a ski...
Opportunity to acquire a well-established independent financial advisory firm in the South-West with approximately £145 million funds under management.
A well-established IFA with £500m in funds under management, located in the South, presents a unique acquisition opportunity.
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.