MD Law has acted for a Wickersley-based accountancy practice on its acquisition of Yorkshire and Derbyshire professional services firm SMH Group.
Parkins provides advice to businesses and individuals in Rotherham and the wider region.
MD Law company and commercial partner James Burdekin lead on the transaction for Parkins, which will now operate as SMH Parkins, continuing to serve clients from its Wickersley office with the same experienced team.
The acquisition is set to provide additional strength behind the scenes, with access to the wider expertise and specialist services available across SMH Group, including commercial finance, corporate finance, financial services, residential mortgages, and wills and probate.
James Burdekin said: “The acquisition of Parkins allows it to continue its established services across the region but access other services via SMH to increase its portfolio of expertise. The two companies can combine resources and operations, creating a larger entity with access to a broader client base and new markets.”
Rob Parkin, partner at Parkins, added: “Joining SMH Group is a positive step for our firm and our clients. It allows us to retain the personal service and relationships we have built over many years, while gaining access to broader expertise and additional resources.
“Our clients can feel reassured that they will continue to deal with the same people, from the same office, with the same focus on quality advice and long-term support.”
Jonathon Dickens, chief executive at SMH Group, said: “We are delighted to welcome Parkins into the SMH Group. They have a strong local reputation and share our commitment to providing clear advice and dependable support.
“Rotherham is an important part of our regional presence, and this merger further strengthens our position within the local community. With two offices now in Rotherham, we are better placed to support both businesses and individuals with a broader range of expertise, while maintaining the personal, relationship-led service that clients value.”
The transaction was supported by Cortus and CMP Legal, acting for SMH Group.
Are you looking at an acquisition or business sale? Contact James Burdekin at MD Law on 0114 299 4890 for further information.