Cooper Parry acquires Creaseys Wealth
EAST MIDLANDS, UNITED KINGDOM — Accounting firm Cooper Parry has acquired financial planning company Creaseys Wealth, marking its sixth acquisition this year.
Cooper Parry CEO Ade Cheatham commented on the growth, stating, “Our selective PE-backed M&A strategy, reinforced by exceptional organic growth, has enabled us to bring on board six firms with outstanding reputations, as well as talented teams.”
This move comes as part of the firm’s rapid expansion plans following its partnership with Waterland Private Equity.
The ambitious deal aligns with Cooper Parry’s goal to quintuple its revenue to £250 million (US$313 million) by 2027, a target set after joining forces with Waterland less than a year ago.
The acquisition streak began with ihorizon and Acclivity, two London-based accountancy firms specializing in tech and early-stage companies, and was followed by the addition of Future Perfect to Cooper Parry Wealth.
The firm’s aggressive growth strategy was further highlighted in September when Haines Watts London’s audit and advisory businesses were integrated, pushing Cooper Parry’s headcount past 1,150 and placing it as the UK’s 11th largest accountancy firm, boasting a turnover of £125 million (US$156 million).
The growth of technology and the expanding global market have increased the need for efficient, cost-effective accounting solutions. Consequently, specialized accounting outsourcing providers have emerged, offering remote services to manage diverse financial processes.
