Baldwins snaps up Rawlinsons LLP as targets east of England
Baldwins, part of CogitalGroup, has hit the acquisition trail again and is expanding into Cambridgeshire for the first time after merging with local firm Rawlinsons LLP
6 Mar 2018
Rawlinsons LLP had six partners, including managing partner Colin Crowley, who have resigned as directors, and employs over 70 staff serving more than 3,000 clients across sectors such as charity and not-for-profit, schools, academies, agriculture and healthcare, with undisclosed fee income.
The firm’s existing Peterborough office will trade as Rawlinsons, part of the Baldwins Group, but the Cambridge office will be rebranded immediately as Baldwins.
Colin Crowley, managing partner at Rawlinsons, said: ‘Partnering with Baldwins will enable us to maintain the personal level of service for which we’ve become known, while being able to access a wide-range of new services which will benefit our clients.
‘We will now have access to our own corporate finance team, restructuring and insolvency services and tax specialists, which comes at a useful time when a lot of owner managers need to understand what they need to do to conform to the new Making Tax Digital guidelines.’
David James Baldwin, managing director of Baldwins, and Stephen Norman Southall of Baldwins were named as directors of Rawlinsons on 28 February 2018
The move follows Baldwins’ recent acquisition of Smith, Hodge and Baxter in Kettering, with Rawlinsons now taking the number of Baldwins offices around the UK to 63 as the company pursues its aim of becoming one of the UK’s leading business advisory firms.
John Baldwin, CEO of Baldwins, said: ‘We are excited to be entering into another new part of the country with an accountancy practice such as Rawlinsons that has built up a reputable reputation over the years.
‘This is just the start for Baldwins in the east of England as we look to consolidate our presence in the wider region in the near future.’
In the latest Accountancy Top 75 Firms survey, Baldwins declined to participate, but the latest filed accounts at Companies House showed fee income of £22.9m for year end 30 June 2016. Baldwins’ 2017 accounts are due to be filed by 31 March 2018.
Baldwins is part of CogitalGroup, which also owns £26.2m fee income London accountants Blick Rothenberg, and has global revenues of £320m and 4,700 staff operating from 150 offices in seven countries.
Report by Pat Sweet, Sara White