Lancashire-based accountancy practice Cassons has been acquired by a fast-growing £320m national group.
No figure has been put on the takeover deal. Les Nutter, managing partner at Cassons, said joining Baldwins would enable the business” to continue to grow and develop”.
Cassons has offices on St Crispin Way in Haslingden and on Bridge Street in Manchester.
The deal signals further expansion for Baldwins, one of the fastest-growing practices in the UK. It moved into the North West last year.
It is part of the CogitalGroup, which has 4,700 staff operating from 150 offices in seven countries, with revenue in excess of £320 million.
Cassons, which has become Baldwin’s landmark 60th office, services around 3,000 clients across East Lancashire and further afield.
Les Nutter said: “We are very positive about joining the Baldwin Group as we are totally committed to our shared ethos of developing relationships with local businesses in local communities, and providing the best level of service through local people. Our own personality and values will remain the same.”
He added: “By joining Baldwins, our clients will be able to access the group’s various national teams of technical and sector specialists including banking and finance which will help our clients in the North West to strengthen and expand.
“The support and investment from Baldwins will mean that we can provide extra services and give added value to our clients particularly in terms of technology.
“The investment will also mean that our people will have access to even better learning and development opportunities which will further enhance the programmes that we already have in place.”
Shaun Knight, director at Baldwins Accountancy Group, said: “We are always looking at areas where we can expand and Cassons has built an impressive and varied client base.
“We are looking forward to working with Cassons to help the business and their clients identify growth opportunities moving forward.”
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