Accounting Firms

Baldwins acquires Montpelier Chartered Accountants

Business services firm Baldwins has expanded its presence in UK after acquiring a Preston-based accountancy practice.

Montpelier Chartered Accountants, whose office is based on Pittman Way in Preston, has joined the Baldwins Group. The latest deal underlines Baldwins’ further investment in the north west.

Montpelier (formerly THR and Freeman Rich), which employs 28 staff, has been serving businesses across Lancashire for over 85 years.

The firm currently advises businesses across sectors such as manufacturing, retail, agriculture, medical practices, not for profit and  tourism as well as offering strategic tax advice to individual clients and their families.

Baldwins, a Cogital Group company, now has 92 offices throughout the UK, employing over 2,800 staff with an annual turnover of approximately £200m. Louise Highton, director at Montpelier, said the firm will trade as Baldwins with immediate effect.

She added: “This is an exciting opportunity to evolve our Preston office into the go-to place in Lancashire for advice on all aspects of running a successful business.

“We’ve built up a solid reputation over the years for providing quality business and tax advisory services to clients in addition to tax and accounts compliance, and working with Baldwins will unlock a range of other specialist services that will help our clients to develop and grow.

“Joining Baldwins is also a golden opportunity for our staff who are looking to develop and further their experience in different advisory areas, enabling us to play a significant role in bringing through the next generation of business advisors.”

David Baldwin, board director at Baldwins, said: “Expanding into Preston for the first time is a significant move for Baldwins as we look to further strengthen our presence in the North West.

“Our aim is to be the leading professional services firm in business communities across the UK, and acquiring firms such as Montpelier that has unrivalled knowledge of the areas that they’re operating in are key to this.”

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