Three Haines Watts offices in the North West have been acquired by fast-growing business advisory group DJH.
The offices in Liverpool, Wirral and Chester city will join DJH’s existing North West offices in Altrincham, Bury, Chester, Manchester and Nantwich. The offices will rebrand as DJH with immediate effect.
DJH, which is backed by private equity investor Tenzing, says the deal will help grow its turnover to £61.5m, with revenues in the North West of more than £24m after making acquisitions to "accelerate" its growth in the region. DJH has made 16 acquisitions in the last four years and now employs 750 people.
The group is aiming to continue its expansion through “strategic partnerships that enhance established client relationships”.
The leadership at the new offices will be unchanged, with Mike Forshaw and Tim Cherry leading the Liverpool team, Stuart Penny and Vikki Wynne leading in Birkenhead in Wirral, and with Steve Greensill continuing as director at the Chester city office alongside newly-promoted Joe Walters.
Mike Forshaw, director of Haines Watts’ Liverpool team, said: “Following significant changes within the Haines Watts network, joining DJH was an obvious strategic decision.
“We were looking for a platform that shares our values and can provide the stability and enhanced resources that will support our valued clients now and in the future. DJH's strong regional presence and comprehensive support infrastructure makes it the perfect partner for our continued growth.”
DJH, which has its head office in Stoke-on-Trent, now has sixteen offices across the Ƶ and Ireland. Its CEO Scott Heath said: “This acquisition aligns perfectly with our strategy of expanding our presence in key regional markets through partnerships with high-quality, client-focused practices.
“The Chester city, Liverpool and Wirral teams bring excellent local market knowledge and strong client relationships that complement our existing North West operations beautifully.
“It is also an exciting region to do business in, with lots of inward investment, regeneration projects and fast-growing companies requiring the right tailored advice to expand even further.”
Don't miss the latest news and analysis with our regular North West newsletters – sign up here for free
