Merger creates firm with combined revenue of £30m and a team of more than 350 people
MIDLANDS accountancy firm PKF Cooper Parry has completed a merger with Birmingham-based Clement Keys.
Combining the two firms, which adds five new partners across audit, tax and corporate finance, has created the largest independent firm of chartered accountants in the region, according to PKF Cooper Parry CEO Ade Cheatham (pictured).
“We have ambitious plans for growth in the Midlands – and will be looking to quickly expand our Birmingham presence in terms of team numbers and expertise,” he said.
The newly-merged firm is trading as PKF Cooper Parry and has a combined revenue of £30m and a team of more than 350 people across its two offices in the East and West Midlands.
Cheatham said PKF Cooper Parry has been considering making a move on the West Midlands market for some months. “Our ultimate aim is to replicate the success of PKF Cooper Parry in the East Midlands in the West Midlands,” he said. “We will be adding a number of new propositions to the Birmingham office which Clement Keys currently doesn’t have – including wealth management, corporate finance, restructuring and IT consultancy.
“Our IT consultancy in the East Midlands has doubled in size over the past 12 months and we will be looking to offer our expert services to businesses in the region.
“While our growth has been steady and organic, we have been looking for some time to move to the West Midlands. We have been seeking a company we could merge with, who shares our ethos and our progressive way of working.”
Joe Bates, managing partner at Clement Keys, said: “Clement Keys and PKF Cooper Parry are delighted to have joined forces. We have spent a number of years growing our market share and so has PKF Cooper Parry. Bringing the two firms together now broadens our services to businesses in our region and strengthens our position in the marketplace.”