CogitalGroup and its London division Blick Rothenberg have announced the acquisition of Westleton Drake, a specialist private client tax practice.
The acquisition comes as Blick Rothenberg presses ahead with its growth and acquisition strategy. The move also forms part of CogitalGroup’s plans to “build a technology driven, international advisory business”, according to executive chairman John Connolly.
Of the acquisition, Connolly said: “I am delighted to welcome our new colleagues into our group. Westleton Drake’s client base complements Blick Rothenberg’s services to global private clients as well as individuals working abroad on a temporary basis. The acquisition builds on Blick Rothenberg’s ability to support US businesses and their employees expanding into the UK and beyond, which is a core historic strength of Blick Rothenberg. This acquisition is part of Blick Rothenberg’s growth and acquisition strategy and is another step forward for CogitalGroup and its plans to build a technology driven, international advisory business and strengthens the group’s presence in the entrepreneurial business sector.”
CEO of Blick Rothenberg Nilesh Shah added: “We are delighted to have acquired Westleton Drake. They have an outstanding reputation in their field and are a perfect fit. It is another step in our ambition to build a high quality business focusing on domestic and international entrepreneurial businesses and their owners.”
Daniel Hyde, founder of Westleton Drake, said: “We have worked hard to develop our practice reputation and in the CogitalGroup and Blick Rothenberg we have found a company with a shared culture of providing a first class client led experience. I am in no doubt that our combined strength will allow us to continue to improve and diversify the quality and range of the advice we provide to new and existing clients.”
Westleton Drake entered the Accountancy Age Top 50+50 ranking at position 82 in 2017 with UK fee income of £5.45m in the year ending 31 March 2017.
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