We have acted for Palatine Private Equity on their recent investment in and acquisition of accountancy firm, BK Plus Limited.
Beth Mather, partner and head of our national corporate team, said: “We are delighted to have worked with our long-standing client Palatine on their latest investment in the Midlands. The Gateley team really went the extra mile on this deal to ensure we achieved a speedy and successful closing for our client. We wish the whole BK Plus team the best of success as they continue their buy-and-build strategy supported by their new investors.”
Beth was supported on the transaction by many Gateley colleagues, including members of the corporate team Will Bowler, Jack Elms, Zhuo Li, Rosie Butler and Alice Martin. From the banking team Alison Davidson-Cox, Karem Al-Dahleh and Sophie Gill, as well as Tammi Broad from the tax team and Paul Ball from the employment team.
As part of the transaction, Gateley Executive Director and partner Mike Ward is being appointed as Chairman. Mike brings a wealth of experience in the professional services sector as well as expertise in buy-and-build strategies.
BK Plus is an accountancy firm with 10 offices and approaching 300 staff. Initially focusing on its roots in the Midlands, the firm has offices in Blackheath, Bromsgrove, Dudley, Solihull, Uttoxeter, Warwick and Wolverhampton. It has recently extended its UK footprint with offices in locations including Newcastle-Upon-Tyne, Halifax, Oldham, and Stoke-on-Trent.