Thu, 15 Aug 2024 | BUSINESS SALE
A private equity-backed accountancy firm has expanded with a pair of acquisitions. West Midlands firm BK Plus, which is backed by private equity investor Palatine, has acquired two practices based in Cornwall.
The acquisitions of Walker Moyle Chartered Accountants and Pooleys Chartered Accountants & Business Advisers form part of BK Plus’ plan for strategic expansion in the South West.
Walker Moyle, which was founded in 1925 – meaning it becomes the oldest practice in the BK Plus portfolio, has offices in Penzance, Redruth and St. Ives. Walker Moyle owner and Managing Director Paula Thomas said that the acquisition was “the next step for our business.”
Thomas added: "We share the same client ethos and values, and this partnership allows us to offer a wider range of services and expertise to our clients in Cornwall."
David Pooley, Principal at Truro-based Pooleys Chartered Accountants & Business Advisers, said that joining BK Plus “presents immense opportunities for our firm and clients.” Pooley continued: "Our shared commitment to excellence and client-focused service means we can enhance our offerings and support businesses in Truro and beyond."
Following the acquisitions, BK Plus brings its office count in the South West to six, with its South West Hub led by Tom Tripp and Hannah Collison. Tom Tripp called the deals a “significant milestone” for the company and said that, by acquiring “like-minded businesses”, BK Plus “can leverage our combined expertise to better serve our clients and support the growth of local businesses.”
BK Plus Chief Executive Shaun Knight added: "These acquisitions reflect our ongoing commitment to expanding our presence and bringing together firms that share our dedication to providing exceptional service. We look forward to working closely with our new colleagues to deliver outstanding results for our clients."
Attracting private equity backing can significantly boost acquisitive growth strategies
Acquire a reputable accounting practice in the North West with decades of industry experience. The business has cultivated an impressive client profile, which includes a healthy proportion of limited companies.
A well-established accounting practice in West Sussex is now available for acquisition, presenting a unique opportunity for expansion or entry into a thriving market.
An established accounting practice in Sussex, with a solid presence spanning 10 to 15 years, is now available for purchase
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.