Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
Dains Accountants has announced the appointment of Neil Cox as the firm’s new chairman in a move which is said to demonstrate its ambitions to “consolidate the fragmented UK accountancy market”.
It is reported that Cox is a ‘buy and build’ expert and has joined Dains following a “stellar” private equity career where he supported businesses across a range of sectors including commercial insurance, regulatory compliance, and veterinary services.
The news follows the firm’s recently-completed second acquisition since taking investment from Horizon Capital in December 2021. Dains reportedly expects to double its revenue in the current financial year.
Richard McNeilly, CEO of Dains, said: “We are delighted to have Neil on board. His experience in M&A and buy and build in particular is first class.
“We share an appetite for growing the Dains business through a series of quality acquisitions, which are highly integrated and enjoy delivering brilliant service to clients.”
Cox added: “Dains has a clear strategy and has already made two highly complementary acquisitions, whilst also delivering strong organic growth.
“Our market presence is growing, and we have a compelling proposition. We are building a strong team and I look forward to working with them in the coming years.”
