FORMER Deloitte boss John Connolly and private equity firm HgCapital have launched CogitalGroup, a new vehicle which will be used to create a new professional services firm.
The new venture will provide accounting, taxation, financial and other advisory services to entrepreneurial businesses and high net worth individuals.
Blick Rothenberg, the London-based accountancy firm acquired by HgCapital last month, is the first platform acquisition of the group, which is expected to announce a string of takeovers in the coming months.
Connolly, the former global chairman of Deloitte who served as UK chief executive for 12 years, said: “We feel there is a place in the market for a firm focused on entrepreneurial businesses, delivering a personal service while harnessing the value-enhancing role of technology.
“This approach, already embedded in Blick Rothenberg, provides an excellent foundation for our new business.”
Harrison Beale & Owen will (HB&O) have a new chairman and managing director at the helm for 2017
Satvir Bungar promoted to managing director in the mergers and acquisitions team
Carolyn Brown appointed as the first head of client legal services practice RSM Legal
UK senior partner Phil Verity has been elected for a second term at Mazars