UK’s Cooper Parry expands digital footprint with MacroFin acquisition
DERBY, UNITED KINGDOM — UK accounting and advisory firm Cooper Parry has acquired MacroFin, a NetSuite-certified enterprise resource planning (ERP) consultancy.
The merger combines two powerhouses in the financial technology sector, creating a formidable force in the UK’s professional services market.
Strategic growth and market position
The acquisition boosts Cooper Parry’s headcount to over 1,450 professionals across its hubs in London, the Midlands, Manchester, and the Thames Valley. It supports Cooper Parry’s target turnover of £185 million ($236 million) for the current financial year while marking its 11th deal in under two years.
Founded in 1850, Cooper Parry has evolved into a next-generation professional services group encompassing accountancy, wealth management, deals, tech, and law. Recent acquisitions, including Salesforce consultancy Cloud Orca, reflect the firm’s strategic push into the digital and technology sectors.
CEO Ade Cheatham highlighted the significance of the MacroFin deal, stating, “This MacroFin deal is another massive statement for CP – both for our offering in the digital/tech space, but also for our sustainable next-gen group ambitions.”
Leadership vision
MacroFin’s CEO and co-founder Ross Latta emphasized the natural synergy between the companies: “Not only are they accountants, but they’re also one of the most dynamic, fastest-growing, team-focused accountants around who share our ambition and dedication to growing both our, and our clients’ businesses”.
With a 40-strong team operating from offices in London, Manchester, and the Philippines, MacroFin has built a reputation for excellence in implementing NetSuite products and support packages across various sectors, particularly in fintech and financial services.
The Macrofin deal follows Cooper Parry’s recent acquisitions of UHY Hacker Young Manchester and Haines Watts Thames Valley/Reading, which added over 200 employees to its team. These strategic moves have increased the company’s specialist team across audit, tax, outsourcing, and deal services.
