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.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
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
Similar Deals
ABN AMRO → Keen’s European Defence and Security Tech Fund
2025
Mitie Group Plc → Argus Fire
2023
Ambipar → Enviroclear Site Services Ltd
2023
CogitalGroup
invested in
Baldwins
in 2023
in a Corporate VC deal
Disclosed details
Revenue: $360M