Chamberlyns has joined the Cooper Parry Wealth team, as part of the wider Leicestershire group鈥檚 拢250 million growth ambitions.
The deal is the fifth of its kind for the fast-growing Castle Donington-based accountancy firm this year, following its partnership with Waterland Private Equity in 2022, and is part of a strategy to achieve five-fold growth by 2025.
In February, Cooper Parry welcomed ihorizon and Acclivity to its tech & high growth team. The two London-based, specialist early stage accountancy firms were followed by London financial planning business Future Perfect in April in joining the group.
In September, Haines Watts London and its associated audit and advisory businesses joined Cooper Parry, adding 11 offices and 63 partners, and taking the group鈥檚 headcount to 1,150 and its turnover to 拢125m. That made it the 海角视频鈥檚 11th biggest accountancy firm.
Chamberlyns has operations covering Bedfordshire, Hertfordshire, Leicestershire and Kent and operates as an independent wealth management boutique and a chartered and accredited financial planning firm. It was founded in 1997.
The move takes Cooper Parry to more than 拢1.3 billion of assets under management with a headcount of around 70.
Chief executive Ade Cheatham said: 鈥2023 began quickly and we鈥檙e showing no signs of slowing down. As well as being a high-calibre, specialist financial planning firm, the Chamberlyns team have successfully embarked on their own acquisition journey in the past.
鈥淭hat experience is sure to prove useful as we continue ours, and given the cultural similarities between our businesses, I know the benefits for all parties and our clients will be huge.鈥
Former Chamberlyns chief executive Michael Smith becomes Cooper Parry Wealth head of M&A and proposition under the move.
He said: 鈥淚t feels like ideal timing for both businesses. There鈥檚 no question to me that Cooper Parry Wealth is one of the leading financial planning and wealth management businesses in the 海角视频.
And, as part of the wider Cooper Parry Group, it has that infrastructure and multi-disciplinary offering that would benefit Chamberlyns and our clients.
鈥淲e鈥檙e excited to be joining a business combining pedigree and continuous innovation in the early stages of its acquisition journey, and I鈥檓 sure we鈥檒l go from strength to strength.鈥
Cooper Parry Wealth chief executive Stephen Jones said: 鈥淐hamberlyns is a business I鈥檝e known and respected for many years since myself and Michael Smith first met in a best practice group in March 2010.
鈥淚鈥檝e watched their progression closely since then and admired their principles of true financial planning and evidence-based investing because our businesses share so much common ground.
鈥淗aving met the rest of the Chamberlyns team over the years, I knew they鈥檇 be a perfect fit as we continue our deals through 2023 and beyond, positively impacting more lives and building a legacy to be proud of.鈥
