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COOPER PARRY DELIVERS TWO MONUMENTAL DEALS BY ACQUIRING UHY HACKER YOUNG MANCHESTER AND HAINES WATTS THAMES VALLEY

1st October 2024

THESE TWO LATEST DEALS:

  • SEE COOPER PARRY (CP) EXPAND INTO THE NORTHWEST POWERHOUSE AND THE UK’S ‘SILICON VALLEY’
  • QUADRUPLE CP’S SIZE IN LESS THAN 2 YEARS SINCE PE PARTNERSHIP
  • UNDERPIN AIM TO BE THE NEXT-GEN PROFESSIONAL SERVICES GROUP (ACCOUNTANCY, WEALTH MANAGEMENT, TECH & LAW)
  • PROPEL ADVISORY FIRM’S HEADCOUNT TO 1,400+ (120 PARTNERS)
  • ARE CP’S 9th AND 10TH ACQUISITIONS SINCE 2023

Today, Cooper Parry – the UK’s fastest growing accountancy firm – announces completion on deals to acquire UHY Hacker Young Manchester and Haines Watts Thames Valley/Reading.

The deals see CP increase its specialist team headcount across Audit, Tax, Outsourcing and Deals by 200 (including 17 Partners) to over 1,400 and takes group turnover to £180m for the current financial year.

The move follows market leading organic growth, the recent acquisition of fast-growing London-based Salesforce consultancy, Cloud Orca, and co-founding the global professional services firms’ community, ATLAST.

The completion of these 9th and 10th deals in 20 months further drive CP’s ambition to be the undisputed #1 adviser to mid-market businesses.

Ade Cheatham, Cooper Parry CEO, states:

“Two landmark deals over the last couple of days confirms our ambition to create the UK’s next gen professional services group. Acquiring UHY Hacker Young Manchester allows us to establish a powerful presence in the Northwest. In the same way, the Thames Valley deal accelerates our growth down the M4 to create the #1 advisory firm in the UK’s ‘Silicon Valley’ and Southwest.

Our presence at the centre of every key UK business powerhouse – as one iconic and rebellious brand – is key to supercharging the next phase of our expansion and market leadership.

What Dave Kendrick, Ben Loveday and their talented teams have created gives CP two perfect platforms from which to launch further UK acquisitions, strategic hires and specialist team lifts.” 

Dave Kendrick, UHY Hacker Young Manchester CEO, adds:

“I am hugely proud of what we have achieved over the last few years as a team and taking our amazing 160+ strong team into the Cooper Parry business feels the perfect fit. Our growth ambitions, culture, team ethic and industry specialisms feel very much aligned and we now have the platform to dominate the Northwest region as the leading advisory firm.”

Ben Loveday, Haines Watts Thames Valley Managing Partner, states:

“I’m really proud of what our team has been able to build here over the years. Looking ahead – and having seen the success of the recent Haines Watts London and Southeast integration – we see Cooper Parry as an ideal fit. Culturally and commercially, we’re perfectly aligned to take advantage of the enormous opportunity the Thames Valley presents.”