Berkeley Hamilton sold to Baldwins

Baldwins Holdings Ltd – on behalf of the Baldwins Accountants group – has acquired Berkeley Hamilton LLP (and its subsidiary PayeStaff Ltd), a business advisory and accountancy firm. The Berkeley Hamilton partnership was advised by Initium throughout the transaction.

Established in 1982, Berkeley Hamilton offers a range of tax, strategic planning and business solutions to small and medium businesses across the UK and abroad. Its successful subsidiary company PayeStaff Ltd, provides professional, accurate and responsive outsourced payroll support to over 400 clients.

Headquartered in Walsall, West Midlands, Baldwins (now part of Cogital Group) was the Midlands’ largest, independent family-owned accountancy firm, with 15 offices across the region. An acquisitive business, Baldwins was named as one the ‘Top 1000 Companies To Inspire Britain’ by the London Stock Exchange Group.

“I found Initium extremely professional from fact-finding to final completion” – Robert Lewis, Berkeley Hamilton

Robert Lewis of Berkeley Hamilton commented: “I found that Initium were extremely professional during the whole process of sale, right through from fact-finding to final completion. The Information Memorandum they produced, and database of prospects used, was key in generating a significant interest from not only the UK, but across Europe and even down to South Africa. If you are thinking of selling your business, I would thoroughly recommend using Initium’s services.”