Bell & Co - a Midlands Hub

Bondholder Bell & Co has been acquired by national brokerage Aston Scott Group.

Bell & Co will continue to trade, and the Board of Directors will remain the same. This investment means the Derby office will become a Midlands hub for Aston Scott.

Richard Salt, Managing Director for Bell & Co, said: "In an era where scale and quality means so much to our insurer suppliers, this is great news for our existing and new customers and growing team. We are really excited that Aston Scott are backing us and our staff with ambitious growth plans.

"Derby has in my view needed a broker of this scale for some time. It is what we have been aspiring to and we are proud to achieve this through everyone’s hard work and now Aston Scott's support."

GCI brings potential jobs to Derby

Bondholder IT services company GCI has acquired Manchester-based Outsourcery last month after it went into administration.

Acquiring the business - which was co-founded by Dragons' Den star Piers Linney - saved about 100 jobs of which some could be hired into Derby offices.

What we’ve done is put the best of Outsourcery with the best of GCI.
— Phil Hambley, Chief Marketing Officer of GCI

GCI's Chief Marketing Officer, Phil Hambley, said: "We're going through the detail of ensuring the integration of the organisation is on a solid commercial footing."

He added that the acquisition wasn't a gamble for the company: "What we've done is put the best of Outsourcery with the best of GCI."

Chief Executive Adrian Thirkill said: Outsourcery has some great underlying characteristics. It has some very talented people, a strong Skype for Business capability, an impressive customer base, some well-engineered platforms and lots of potential."

Wayne Martin, GCI's founder and chairman, called the purchase 'another well-considered step in GCI's journey'. He added: "Our raison d'être has always been about building an integrated, disciplined and tech-savvy organisation."

Crown Derby bought in US deal

One of the city’s most iconic companies was today bought as part of a major US Private Equity deal. 

Steelite, the parent company of Bondholder Royal Crown Derby, has been bought by Pittsburgh-based PNC Riverarch and Chief Executive Kevin Oakes has bought Royal Crown Derby, becoming its sole owner and Chairman.

Commenting on the deal Kevin says: "I’m delighted to have acquired one of the UK’s most iconic brands and ceramic manufacturers, Royal Crown Derby.  I passionately believe that the business can succeed on the global stage and I plan to invest my efforts in ensuring our vision is realised.”

The company which employs 200 people traces its roots to 1750 and its Visitor Centre is one of Derby’s main tourist attractions, attracting thousands from across the world every year. 

John Forkin Managing Director of Marketing Derby welcomed the deal by saying: "Royal Crown Derby design quality products which are known across the world and new owner, Kevin Oakes, brings decades of international experience to the role. It’s important that he knows he has the backing of the city and, as a Marketing Derby Bondholder company, we will be reaching out to offer our support"
 

Purpose Media merges with & A-Star Media

Award-winning businesses Bondholder Purpose Media and A-Star Media have announced their intention to merge this month.

The merger comes as part of Purpose Media's wider plan to become a full service digital marketing agency specialising in ecommerce and offering creative design, website development, video, PR, social media, photographic and content marketing services.

Katrina Atherton and John Starkie founded A-Star Media in 2008 and both will become shareholders of Purpose Media, taking the total now employed by the firm to 30. Over the last eight years A-Star has developed an impressive client list including brands such as UKTI, D2N2, BBC, Woodhead Group and the East Midlands Chamber.

Katrina commented: "There is so much synergy between our two companies and we have co-existed in the same market places for so long now that it seemed like a natural progression to join forces. We can share expertise and help each other to deliver additional services which will ultimately improve the customer service experience."

In 2015, Purpose Media achieved 66% growth, reaching a turnover of £1.2m. The overall aim is to increase turnover £10m by 2020 by adding more new products and the number of clients paying monthly to access digital marketing services and expertise.

There is so much synergy between our two companies and we have co-existed in the same market places for so long now that it seemed like a natural progression to join forces.
— Katrina Atherton

PKF Cooper Parry seals the deal

Left to right: Gavin Whitehouse and Ross Cocker (formerly of Clement Keys), Ade Cheatham (CEO of PKF Cooper Parry), Joe Bates (formerly of Clement Keys), Danny Parker and Jeremy Bowler

Bondholder PKF Cooper Parry has this week completed a merger with Birmingham-based Clement Keys creating the largest independent firm of chartered accountants in the region.

The newly-merged firm is trading as PKF Cooper Parry and has a combined revenue of £30 million and a team of more than 350 people across its two offices in the East and West Midlands.

On the day of completion CEO of PKF Cooper Parry, Ade Cheatham, said: "As of today, we have immediately strengthened the partner team, with five new partners across audit, tax and corporate finance. This is an exciting and significant merger for both firms. We share a closely aligned vision to be number one in the privately-owned market across the whole of the Midlands through creating a fiercely independent firm which is purely focused on exceptional client service."

Joe Bates, Managing Partner at Clement Keys, said: "Clement Keys and PKF Cooper Parry are delighted to have joined forces. We have spent a number of years growing our market share and so has PKF Cooper Parry. Bringing the two firms together now broadens our services to businesses in our region and strengthens our position in the marketplace."

Bondholder PKF Cooper Parry is the fastest growing top 100 accountancy and business advisory firm in the UK. The firm is one of five UK firms to join the international PKF network which enables it to provide global capacity and expertise to its clients. It has an innovative approach to HR, offering staff unlimited holidays and flexible working hours - as well as recruiting school leavers as well as senior team members.