Manchester accountancy firm snapped up by Stoke practice
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Manchester accountancy firm, Lloyd Piggott, has been acquired by DJH Mitten Clarke, for an undisclosed sum.
The new partnership firmly places the Staffordshire practice in the North West, providing a springboard into central Manchester and the opportunity to grow its client base in the region.
It is the latest step forward for the Stoke-on-Trent based accountancy group which has seen 50% growth in the past quarter and now has a 249-strong team.
DJH Mitten Clarke’s executive director, Scott Heath, said: “It has always been a personal ambition to open a substantial Manchester city centre office and we started to make progress taking space within WeWork in Spinningfields, but then the pandemic hit.
“Our conversations with the team at Lloyd Piggott opened up a new opportunity that is right for our business, and more importantly, our team.”
He added: “When bringing two firms together, it’s always critical to make decisions based on culture and ours are very much aligned – they’re honourable, they’re ambitious and, above all, they’re passionate about people and the community.”
Lloyd Piggott’s Sue Redmond, said: “Since our story began over 125 year ago, we’ve always looked out for positive new partnerships and innovative thinking, and this is why we’ve been successful.
“Although our past is important to us, it’s our future that counts, so it is crucial that we seize great opportunities at the right moment to carry on moving forward.”
She added: “DJH Mitten Clarke bring with them a number of specialist services, such as capital allowances, R&D, wealth management and commercial and residential funding, along with group services such as marketing, learning and development and recruitment. Ultimately, this will enhance the advice and support we offer our clients.”
She said the aim is to create the very best place to work and the new partnership will also allow investment in wellbeing, training and social programmes, all key to working together as a happy team.
St George’s House will remain home for the Lloyd Piggott team, however, as of October 4, will take on the name DJH Mitten Clarke, becoming the Manchester office of the practice.
Sue will continue to lead the Manchester team, alongside tax director Paula Abbott and client services directors Chris Abbott and Joanne Beamish. Lindsey Shepherd will also join the office from DJH Mitten Clarke, creating continuity for the practice’s existing North West clients.
The latest partnership follows the acquisition of Chester’s Morris & Co in April this year, and achieves more than 50% growth in year one for the newly-combined DJH Mitten Clarke.
After operating separately for 61 collective years, Stoke-on-Trent based businesses, Mitten Clarke and DJH, merged in March 2021, becoming Staffordshire’s market leading independent firm, it said.