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

David Baldwin, a partner at Baldwins Accountants, said this was an exciting move for the firm: “Berkeley Hamilton is a well-established, large accountancy and business advice practice in Gloucester and we want to build on its experience, reputation and the excellent service it already provides to its clients,” he said.

“We will bring our significant expertise to complement the existing services offered to clients. Our aim is to enhance Berkeley Hamilton’s existing high quality accounts and tax team and bring added value banking and corporate finance services to the team which will prove beneficial to their clients whether they are a sole trader or a blue-chip business.”

Robert Lewis of Berkeley Hamilton added: “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.”

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