Baldwins snaps up £1.6m Gardners accountants
20 Sep 2019
Gardners Chartered Accountants, based in Holywell, has been acquired by the Baldwins Group which now has over 95 offices across England, Scotland and Wales
20 Sep 2019
The firm will retain its own entity and will trade as Gardners Accountants, part of the Baldwins Group, while the company’s existing staff of 28 will continue to serve the region’s business community as usual, led by partners John Gardner and Melanie Langton Davies. Gardners has more than 2,000 business clients across North Wales and West Cheshire, with an annual fee income of £1.6m.
Melanie Langton Davies, who has been with Gardners since 1997, said: ‘This is a game-changing move for Gardners that will not only help the firm to build upon the solid foundations that have been laid in the past, but will also unlock a range of services for our client base to help them develop and grow.
‘It’s also an exciting time for our existing workforce as joining a UK-wide network of business experts will open a world of new opportunities for them, and will help us to attract the next generation of accountants and business advisers.
‘It is business as usual from both a colleague and client perspective as we begin a new and exciting era, while striving to help the region’s business community to exploit growth opportunities and guard against regulatory obstacles.’
The Baldwins Group employs more than 3,000 staff across the UK and is part of CogitalGroup, an international business services group with annual revenues in excess of £450m, employing around 6,000 people across 177 offices.
The latest acquisition is part of an ambitious expansion plan to grow the CogitalGroup into a top 10 accounting firm in the UK, challenging major mid-tier players. The last reported fee income for year end 2018, was £117.5m, putting the group in 12th slot in the annual Accountancy Daily Top 75 Firms 2019 survey.
David Baldwin, board director at Baldwins, added: ‘We’re proud to welcome an accountancy practice of such high calibre to Baldwins - it comes at a time when the business community is having to navigate itself through significant change.
‘Joining forces with Gardners Accountants provides a great opportunity for more businesses to reap the benefits of Baldwins’ full offering of business advisory services, including corporate finance, probate and banking and finance, as well as taking advantage of the digital and technological innovations we have implemented to meet the future demands of the accounting profession.’