Blick Rothenberg, part of CogitalGroup, has expanded the acquisition of audit, accountancy, outsourcing and business advisory firm Shelley Stock Hutter.
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 business services group. It further strengthens the group’s presence in the Owner Managed Business (OMB) sector.
Nilesh Shah, CEO at Blick Rothenberg, says: “We are delighted to have acquired Shelley Stock Hutter. They have a very good reputation in the market place and in terms of clients and people are a very good fit for us.
“Shelley Stock Hutter has a strong presence in the OMB market place and has successfully created a UK focused business advising entrepreneurial businesses which will complement the range of services we offer. There are plenty of very good synergies between the two businesses.”
Lynton Stock, Senior Partner and Head of Tax at Shelley Stock Hutter, says: “This opportunity is the start of an exciting new phase for our practice. At a time when the profession is changing so rapidly, the ability to expand our service offering for clients and benefit from the investment being made by CogitalGroup is perfectly timed.
“Both firms have built excellent reputations in their respective markets and this partnership will provide opportunities to build on our current strengths and offer existing and new clients a broader and relevant service offering both now and into the future.”