Deal adds up for Baldwins and McCranors

ACCOUNTANCY firm Baldwins has bought Coventry practice McCranors for an undisclosed sum.

The new business will be known as Baldwin McCranor.

The family owned Baldwins group has offices in Walsall, Tamworth, Stourbridge, Leamington and Nuneaton as well as three in the East Midlands. This is the latest in a string of recent acquisitions of rival firms.

Due to the close proximity of this latest acquisition to Baldwins’ existing Nuneaton office, the two will merge in early April with Baldwins’ Nuneaton staff moving across to McCranors’ Coventry offices, creating one of the largest practices across Coventry and Warwickshire

John Edwards, partner and head of Baldwins Nuneaton, will continue as a partner in the new business. He said: “This is an exciting opportunity for all concerned. The bringing together of two well-known and successful accountancy practices in the Warwickshire area will help us to continue to improve our offering to existing clients and should give us sufficient momentum to accelerate our organic growth.”

Peter West, partner of McCranors and of the new combined business, added: “With Baldwins and McCranors joining forces, I am confident clients will continue to receive the same level of high quality, pragmatic, technically superior advice and support we have built our reputation on.

“From a personal point of view this development will enable me to continue to work with my clients with the added infrastructure and specialist services that the larger Baldwins group can bring to them.”