Cooper Parry acquires Haines Watts London

Cooper Parry has announced that it has acquired Haines Watts London and its associated audit and advisory businesses across the South East and the Midlands.

The deal sees Cooper Parry add 11 offices across London, the South, Birmingham and the Midlands to its existing portfolio

As a result of this deal Cooper Parry increased its workforce to 1,150 and propelled turnover to £125m.

The move follows Cooper Parry’s previous acquisitions of London-based companies iHorizon and Acclivity, both in February, and Future Perfect in April 2022.

The Haines Watts deal will establish Cooper Parry as the UK’s 11th largest accountancy firm according to Accountancy Age.

Ade Cheatham, Cooper Parry CEO, said: “We’re always looking for firms that are a right fit, culturally and strategically. As a result, we’ve got to know Michael and his management team over the best part of five years. In that time, we’ve been impressed by their growth and recognize the like-minded nature of both firms.

“Bringing together two great businesses as one strong team takes our London headcount to over 500 people. It also elevates us to the next level as a UK mid-market heavyweight. In addition, the strong bank of specialist talents and diverse client base in London, the South and right across the Midlands will allow us to continue to outperform the market.”

Michael Davidson, Haines Watts managing partner, added: “I am extremely proud of the growth we have achieved over the past 10 years, of which the London region has been a significant contributor.

“As we look to the future, we feel Cooper Parry is an ideal fit for our future as we can plug into their progressive, next generation and proven approach to both people development and client service, offering a compelling choice for ambitious owner managed businesses, and a thriving culture for our people.”

Backed by Waterland Private Equity since December 2022, Cooper Parry’s recent deals underpin its commitment to grow to a turnover of £250m by 2025.