Acquisitions see Portsmouth business advisory firm grow

ONE of the UK’s fastest-growing business advisory firms has acquired a number of other companies in the area.

Friday, 2nd August 2019, 4:46 pm
Updated Thursday, 5th September 2019, 2:18 pm
From left, William Payne from Wilkins Kennedy in Fareham and John Baldwin from Baldwins, a business advisory group

The offices of Rothmans Pantall LLP Chartered Accountants in Havant and Fareham along with Treasury Chartered Accountants in Portsmouth, have joined the Baldwins Group and will now trade as Wilkins Kennedy.

The new offices will continue to advise their corporate and SME clients out of their current premises.

Wilkins Kennedy joined forces with the Baldwins Group in 2018. Since then they have developed an annual turnover of around £225m, 97 offices across England and employ over 3,000 staff.

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Baldwins is part of the CogitalGroup - an international business services group with annual revenues in excess of £500m, employing around 6,000 people across 195 offices.

Martin Osborne, partner at Rothmans’ offices in Fareham and Havant, believes working with Wilkins Kennedy will act as a catalyst for further growth.

He said: ‘We are joining a firm that has made substantial investments in areas that reflect the changing digital and regulatory landscape, so we are well-equipped to develop even further over the coming years.

‘We’re looking forward to what the future holds as we are joining a firm with larger resources that share our passion for providing a personalised service.’

Andrew Sainsbury has been a director at Treasury Accounting since buying the company in 2009 and believes the move opens up an exciting future for the firm.

William Payne, managing partner at Wilkins Kennedy, said: ‘The accountancy market is changing rapidly from a technological and regulatory perspective and we are confident that their clients will quickly see the benefits.

‘We are delighted to welcome these offices into our group as they have laid strong roots in their communities and built up enviable client bases. Through our investment in leading financial software, such as our next generation client portal CoZone and more specialist areas such as banking and finance, specialist taxation and forensic accounting, we will be complementing the excellent general accountancy services that they are already providing.’