Nottingham accountancy firm sold to East Mids counterpart

East Midlands accountancy firm HSKS Greenhalgh has abought Nottingham accountancy practice firm Cobb Burgin & Co.

The deal coincides with the retirement of Cobb Burgin founder Chris Cobb, who started the business in 1981. Neil Burgin, who joined the practice in 1985 and became a partner in 1987, will remain as associate director and he will be joined at the firm’s Middleton Boulevard, Wollaton, offices by Peter Rimmington, who has been with HSKS Greenhalgh since 2000.

HSKS Greenhalgh managing director Colin Peacock said: “When looking to expand our business through acquisition, we are always keen to identify opportunities with firms who share our philosophy of establishing long-term relationships with clients and this is definitely the case with Cobb Burgin, which is one of the reasons why we are so excited to have completed the deal.

“We look forward to getting to know Cobb Burgin’s clients, who can rest assured that they will continue to receive the same high level of client service. The acquisition means that they will now have access to a range of additional services, such as Corporate Finance and Estate Planning and Probate Services, as well as the expertise of our specialist sector advisors where appropriate”.

Legal advice was provided by Rachel Bennett, corporate and finance partner at Flint Bishop. She said: “The Corporate department at Flint Bishop were delighted to work with Colin and his team on their latest acquisition. The deal was a classic fit for both businesses, giving HSKS Greenhalgh a great opportunity for expansion, whilst securing the succession of the business for Chris & Neil. I’m sure there will be many positives for the combined business and their respective clients moving forward.”

The deal was financed by NatWest, who were advised by David Kaplan of Nelsons solicitors.