Addleshaw Goddard advises Cooper Parry in acquisition of Haines Watts
Addleshaw Goddard advised Cooper Parry, on its acquisition of Haines Watts London and its associated audit and advisory enterprises spanning the Southeast and the Midlands.
The team at Addleshaw Goddard that worked on the deal included Paul Medlicott, Katie Parker, Dan Conway, Rachael Norris and Joel Power.
The deal will lead to the opening up of 11 new offices for Cooper Parry across London, the South, Birmingham and the Midlands. The headcount of the combined business will increase to 1,150 with a turnover to £125m and a tripling in size over the past 12 months since CP partnered with Waterland Private Equity.
Ade Cheatham, Cooper Parry CEO, said of the acquisition:
“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.
We now have genuine momentum and can demonstrate real strength and scale in London. What’s more with more strategic hires, specialist team lifts and continued geographic expansion via M&A, we’ve created a platform for future growth."
Backed by Waterland Private Equity since December 2022, Cooper Parry’s recent four deals in six months underpin its commitment to fast-paced UK expansion.