The audacity to expand

Why Bishop Fleming sees big opportunities in Birmingham

Hello Rainmakers,

The flux in the accountancy market is encouraging the businesses with ambition and hunger to make some audacious moves.

But will it make them acquisition targets for the wave of consolidation that’s sweeping the professional services field?

This time last year corporate finance team at accountancy firm Bishop Fleming had its eyes on a better 2024.

Over the course of the year its corporate finance team advised on deals like the sale of construction consultancy firm Kendall Kingscott to the ever hungry RSK Group.

Their partners Joe Coghlan, Lindy Adams and David Lock, also acted as lead advisers to the shareholders of City Financial Planning in its sale to Advanta Solutions, their second acquisition in 2024 and the ninth in total, having secured a significant investment from Beech Tree Private Equity.

And on the buy side they advised MTM Engineering Group, backed by Waterland Private Equity, on its acquisition of TA Ronan.

It’s this kind of ear-to-the-ground opportunity that has given the firm its confidence to move from its South West heartlands, gradually expanding through the West Midlands, to make a bold and brave move into a new office in Birmingham city centre.