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Deals Of The Day: The Latest In Wealth Management M&A – OakNorth Bank, Cottons

Editorial Staff

30 November 2022

OakNorth Bank, Cottons
, 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.