CogitalGroup has announced its investment in Baldwins, combining it with Blick Rothenberg and Visma BPO to create a new advisory services entity with projected revenues of approximately £300 million.

Target Information

CogitalGroup, supported by HgCapital, has announced its investment in Baldwins, one of the UK's largest independent accounting firms. Baldwins specializes in offering accounting, tax, and related services, primarily targeting the entrepreneurial sector of the UK economy. The firm boasts 27 offices nationwide and a workforce of approximately 650 employees. Over the years, Baldwins has experienced significant growth driven by its commitment to high-quality client service and strategic acquisitions. The firm intends to persist in its acquisition strategy as part of its ongoing efforts to expand its regional network.

John Baldwin, Director of Baldwins, expressed enthusiasm for joining CogitalGroup and collaborating with HgCapital. The firm is also welcoming John Connolly to its board, whose extensive experience as former Global Chairman of Deloitte is expected to enhance Baldwins' strategic direction.

Industry Overview in the UK

The accounting services industry in the UK is characterized by a diverse range of providers, from small independent firms to large multinational companies. The sector is essential for supporting businesses of all siz

View Source

Similar Deals

ABN AMRO Keen’s European Defence and Security Tech Fund

2025

Corporate VC Aerospace & Defense (NEC) United Kingdom
Mitie Group Plc Argus Fire

2023

Corporate VC Diversified Industrial Goods Wholesale United Kingdom
Penta Rotortech Limited

2023

Corporate VC Aircraft Parts Manufacturing United Kingdom
Advent International IPH

2023

Corporate VC Diversified Industrial Goods Wholesale United Kingdom
Ambipar Enviroclear Site Services Ltd

2023

Corporate VC Waste Management, Disposal & Recycling Services United Kingdom
Exiger Versed AI

2023

Corporate VC Management Consulting Services United Kingdom

CogitalGroup

invested in

Baldwins

in 2023

in a Corporate VC deal

Disclosed details

Revenue: $360M

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert