M and A
Deals Of The Day: The Latest In Wealth Management M&A – OakNorth Bank, Cottons
The latest mergers and acquisitions and other corporate actions in the wealth management sector.
OakNorth Bank, Cottons
OakNorth Bank,
the UK bank for entrepreneurs, run by entrepreneurs, has provided
a loan to Cottons, the UK chartered accountants and business
advisors.
The capital from OakNorth Bank will refinance existing
acquisition debt, support the firm’s acquisition programme of
accountancy practices – including Roberts & Co and J R
Watson & Co – and provide a tailored facility for future
unidentified acquisitions.
Northampton-based Cottons is a fully-regulated member firm
of the Institute of Chartered Accountants in England & Wales,
which provides about 10,000 customers, including freelancers,
contractors, SMEs, and large corporations, with expert business,
taxation and accounting guidance. Established in 1983, the firm
has over 100 employees across offices in its Northampton HQ, as
well as Rugby, Daventry, Milton Keynes, Market Harborough, and
London.
