PKF Cooper Parry

Businesses collaborate for classical concert

More local businesses have joined forces to work with Bondholder Derby City Council and secure the return of this year’s Hannells Darley Park outdoor classical music concert on Sunday 2nd September.

Sponsors include Bondholders HUUB, Mortgage Advice Bureau, PKF Cooper Parry, Flint Bishop Solicitors and Stratstone BMW Derby who have enabled the City Council to bring the much-loved concert back to the city last year.

These companies have again pledged their support for the concert this year and have been joined by Redrow Homes and Invictus Communications.

The expanded corporate sponsorship will bring some exciting new features to boost the enjoyment for the thousands of people from across Derby and beyond who come together to enjoy an evening of live music and the spectacular closing fireworks show.

Bondholder Sinfonia Viva, the East Midlands’ only professional orchestra based in Derby will play at the concert with pieces inspired by the theme will be Peace, Hope and Reconciliation – ahead of the 100th anniversary of the end of the First World War.

The Hannells Darley Park Concert will take place at Darley Park on Sunday 2nd September from 6pm, with gates open from 2pm.

Tickets can be purchased from 01332 255800, online at derbylive.co.uk, or booked in person at the Sales and Information Centre, Assembly Rooms, Market Place, Derby. 
 

PKF Cooper Parry buy Creative Agency Sync Interactive

Bondholder PKF Cooper Parry has acquired Sync Interactive, a creative agency based in the West Midlands, specialising in mobile and business apps.

The deal, for an undisclosed figure, will expand PKF Cooper Parry’s business offering, giving its clients even more cutting-edge ways to grow their business through technology. It gives both businesses a platform for growth nationally and worldwide. It also opens new markets, promises more jobs and further investment in the future.

Brett Critchley, Partner at PKF Cooper Parry, said: “It was always on our roadmap to acquire a mobile app business to complement our current offering. Having met with many different companies, Sync were by far the stand out business. That’s not just because of the amazing work that they’ve done. They also have such an awesome team.”

12th Best UK Company

Bondholder PKF Cooper Parry has been named the 12th best place to work in the UK, in the Sunday Times Best Companies; and has also been awarded a trophy for employee wellbeing.

This result comes after two consecutive Top 100 finishes for the firm in previous years. PKF Cooper Parry climbed up the Best Companies table from 91 st in 2016 to 32 nd in 2017, and then up a further 20 places at this year’s awards to 12 th . The firm is now the highest placed accountancy firm to work for in the UK by some distance.

The results were based on a Best Companies Index, which took scores from a questionnaire completed by PKF Cooper Parry employees. This was then measured against 8 factors of workplace engagement including; wellbeing, leadership and relationships with managing staff. Employee satisfaction at PKF Cooper Parry ranked highly across all metrics.

Offering perks like free career and lifestyle coaching, yoga classes, free fruit and unlimited paid holiday, PKF Cooper Parry also picked up another award for employee wellbeing. The firm was scored highly by their employees on personal growth opportunities, charitable activities and how proud they are to work at the firm.

PKF Cooper Parry, CEO, Ade Cheatham, said: “Five years ago, like most companies we weren’t in the Top 100 Companies to Work For list. But we wanted to be, and we realised it’d be a great way to measure our success. So, in 2016 we set ourselves a five-year target to become number one. And we’re smashing it.

“Results like this help us attract the best talent around. And as we continue to grow and grow at a rapid rate, it means we have the best people to work with our brilliant, entrepreneurial clients

“Over the next few days, we’re all going to spend a moment or two celebrating our success. We do this knowing that having happy people helps us wow our clients. It’s all of us who reap the rewards.”

This award is one of many that PKF Cooper Parry has recently received. The day after its Best Companies success, the firm’s Service Charge team won the Property Week Best Place to Work in Property 2018 award. And recently, their wealth management firm, Cooper Parry Wealth, was named No. 1 Best Financial Advisers to Work For at the Professional Adviser Awards.

Crossing Borders

The Corporate Finance Team at Bondholder Cooper Parry led a cross-border transaction which concluded with the sale of eTech Solutions Limited (eTech) to CoreLogic, Inc (CoreLogic®).

eTech, the UK’s leading provider of mobile surveying and workflow management software to the property services industry for the lending and surveying, and energy markets, has been acquired by CoreLogic (NYSE: CLGX), a global property information, analytics and data-enabled solutions provider.

Cooper Parry Corporate Finance acted as lead advisers to the shareholders of eTech, with legal advice provided by DLA Piper. Cooper Parry also provided tax advice to the shareholders.

Commenting on the acquisition, eTech Founder, Jim Driver said: “We very much look forward to aligning our expertise with the considerable resources of CoreLogic to further develop the services we offer to our partners in the UK and internationally. With new products already in the pipeline, this is an exciting phase for eTech’s continued growth.”

Frank Martell, CoreLogic president and CEO, noted: “The acquisition of eTech expands our UK footprint and augments our valuation solutions offerings. The eTech team has established a great track record of building innovative solutions that helped transform the UK valuation and energy assessment industries. We believe that over time, we can potentially leverage benefits from a number of eTech’s innovative solutions to fuel automation and reduce cycle times in our U.S. property valuation operations.”

The Cooper Parry Corporate Finance team was led by Phil Hinson: “We’re delighted for Jim, David and all at eTech. The transaction is another great example of a cross-border deal completed with a strategic trade buyer. We wish the business all the very best with its future growth plans.”

Hannells Darley Park Concert Returns

One of the UK’s biggest outdoor classical concerts is set to return to Darley Park this Sunday, thanks to Bondholders Derby City Council, Derby LIVE and private sector sponsors. The Hannells Darley Park Concert will feature performances from Bondholder Sinfonia Viva, as well as a spectacular firework display.

The programme for this year's concert has links to Derby's 40th year as a City with performances of famous cricket theme Soul Limbo and Youth of Britain March. The City’s industrial heritage will also be celebrated with Funiculi Funicula, Runaway Train and Come Fly with Me, whilst Bondholder Derby County Football Club is also acknowledged with a performance of Steve Bloomer’s Watching.

Peter Helps, Chief Executive of Sinfonia Viva, said: "It is the most wonderful setting and it also feels highly appropriate to be there as we jointly celebrate the concert's 25th anniversary and Derby's 40th year as a city.

"The event has become a real annual highlight and is democratic in its nature, appealing to all ages, cultures and tastes. And this year, for the first time, the public have also been invited to choose their three favourite tunes to be played."

The event is sponsored by fellow Bondholders Flint Bishop Solicitors, HUUB, Mortgage Advice Bureau, PKF Cooper Parry and Stratstone BMW

 

Chamber Picks PKF

Bondholder PKF Cooper Parry has won the contract to be East Midlands Chamber’s new outsourced IT services provider.

PKF Cooper Parry’s specialist IT Solutions team will provide support for more than 140 people across fellow Bondholder's offices in Chesterfield, Nottingham, Derby and Leicester,as well as providing strategic advice to help shape the Chamber’s future IT strategy to create productivity and efficiency gains.

Scott Knowles, chief executive of East Midlands Chamber, said: “IT plays a significant role in any modern business and it’s important that the Chamber continues to invest in technology as a solution to continue to evolve its services and meet the demands of its members in the 21st century.

“As the it continues to embrace cloud-based technology, outsourcing the Chamber’s ICT support services was the next logical step in its digital transformation. I’m delighted to be working with PKF Cooper Parry in this new partnership.”

Brett Critchley, partner and head of IT Solutions at PKF Cooper Parry, said: “The partnership with East Midlands Chamber is a major coup for the business.

“One of the key factors in winning the contract was around becoming part of their business and being heavily involved in the strategy and planning around IT. We have been providing strategic IT advice to businesses for more than 25 years and this breadth of knowledge also had an important part to play.”

PKF Among the Country's Best

Bondholder PKF Cooper Parry has been named among the top 100 Best Companies to work for in the UK.

The firm was ranked 32nd in the medium-sized business category. PKF Cooper Parry also achieved a 3 Star Accreditation – the highest that can be awarded.

It’s the second year that PKF Cooper Parry has been included in the prestigious ‘Sunday Times Best Companies to Work For’ list. Last year the firm was the only accountancy practice to be named in the small company category.

Around 1,000 companies enter the Best Companies to Work For Awards every year. The awards are judged based on the responses of employees in eight key areas including leadership and management, opportunities for personal growth, wellbeing, and giving something back to the community.

Ade Cheatham, chief executive of PKF Cooper Parry, said: “Being named in the Sunday Times Best 100 Companies to Work For list is a fantastic achievement for everyone at the firm. The fact that we have gone from 91 st position in the small companies category to 32nd in the medium sized is testament that we are maintaining our culture during a time of change and growth for the business.

“It also demonstrates that staff enjoy working for the company, which is massively rewarding to know.”

National Award for Cooper Parry

Bondholder PKF Cooper Parry's wealth management arm,  Cooper Parry Wealth, has been named the 'Best Financial Adviser to Work For' at the Professional Adviser Awards. This is the second major award for Cooper Parry Wealth this year, having won the Citywire New Model Adviser Award for the Midlands region.

The award was given to the team after assessing their HR policies, office facilities and wellbeing programmes. Employees were also asked to give their opinion on job satisfaction, career development, leadership and corporate culture.

Stephen Jones of Cooper Parry Wealth, said: “This is another great win for the team and demonstrates our commitment to keeping both our clients and staff happy.

"Employee wellbeing is extremely important to us, so to have it recognised with this award is fantastic. We’re hardworking and ambitious but it’s great to know that our people enjoy being here too.”

Radleigh Acquired by Redrow

Bondholder Radleigh Homes has been acquired by Redrow PLC.

The deal will allow Redrow to expand its operations in the East Midlands, and establish a new division in the region.

The acquisition, and investment that will now follow, will lead to more homes being developed in the region – benefitting local customers, colleagues and businesses within the supply chain.

Radleigh Homes has been in operation for over two decades and completed around 200 new homes in 2016. The business has a pipeline of over 1,300 plots with planning and a further 1,200 plots controlled under options in its strategic land bank.

Radleigh Homes’ 70 employees will become part of a new Redrow Homes East Midlands division based out of the existing offices on Pride Park.

Redrow was founded by Chairman, Steve Morgan CBE, in 1974 and has now established itself as one of the country’s top housebuilders.

Peter Gadsby, Radleigh Homes, said, “I am delighted that Redrow have decided to acquire the business as they hold similar values to our own. I have personally known and done business with Steve Morgan CBE for many years and have identified Redrow as the perfect fit to take Radleigh on to the next stage.

“I would like to pay special tribute to the Radleigh team who have helped grow the business so successfully over the last 15 years. In particular, the skills and professionalism of our Joint Managing Directors, Tom Finnegan and Chris Neve, who will be remaining with the business to help deliver growth from Radleigh’s established strong position.

Peter also paid tribute to fellow Bondholders PKF Cooper Parry and Geldards, both of whom played a leading role in negotiating and delivering this landmark deal.

 

 

68 New Jobs for PKF

Bondholder PKF Cooper Parry has made 68 new appointments, taking the total number of new jobs created over the past 12 months into three figures.

The firm is the fastest growing firm of accountants in the UK and is enjoying an unprecedented number of new client wins.

The biggest area of growth has been in the audit team, where 43 new team members have been recruited.

These latest appointments take the number of new posts created over the past 12 months to 110 and keep the firm on target to exceed its target turnover of £30m for this financial year.

Ade Cheatham, CEO, said: "Our business continues to grow like crazy across all areas and this latest round of appointments now gives us over 400 passionate, dedicated people, who will drive the business forward over the next 12 months.

“Our unique culture and working environment enables us to recruit the highest calibre of people. We have a really talented team around us, which will enable us achieve our long term aim of creating a £45m turnover firm within the next three years, reaching £150m within the next 10 years."

PKF Scoop Top Award

Businesses should be prepared to create an enjoyable workplace where people are empowered to truly make a difference.
— Ade Cheatham, CEO

Bondholder PKF Cooper Parry has scooped the Most Innovative Practice of the Year - mid-tier firm award at The British Accountancy Awards 2016.

The Most Innovative Practice of the Year award was introduced to recognise the accountancy practice adopting the most unique and distinctive approach to its organisational structure and its approach to client service provision.

A panel of 20 judges were tasked with assessing the firm’s services against three key criteria - culture, technology and measurable success impact – across a three-stage process.

The judges were also on the look-out for the use of innovative techniques, resources or technologies used to acquire and retain clients and develop professionalism within the firm.

The judges described PKF Cooper Parry’s HQ as a ‘funky workspace, designed to empower people’ and said the firm is ‘always thinking of ways to be new and unlike anyone else’.

Ade Cheatham, CEO of PKF Cooper Parry, said: “We’re a great example of how a business can break the mould by putting people at its core and we’re thrilled to have been recognised by our peers for our commitment to making a change.

“We were up against some stiff competition, but have worked hard to create a culture and philosophy based around providing fulfilling employment for people and creating an environment that people are proud to be part of,”

PKF Cooper Parry Deliver on Partnership with Derby County Community Trust

Bondholder firm PKF Cooper Parry have been announced as partners of fellow Bondholder Derby County Community Trust (DCCT).

The accountancy firm has strengthened its relationship with the Trust by becoming the sponsor of the core delivery coaching.

PKF Cooper Parry branding will take pride of place on the kit worn by the Trust’s team as they deliver sporting provision at grassroots level and in schools across Derbyshire.

Brett Critchley, IT Solutions partner at PKF Cooper Parry, said: “Cooper Parry and DCCT have a lot in common - we’re both passionate about supporting our local community and encouraging young people to fulfil their potential.

“The Trust do some really valuable work and support huge numbers of people in the area and we’re very proud to be able to play a small part in their continued development.”

Simon Carnall, Head of Community at the Community Trust, said: “The success of our scheme is built on the foundations of great partnerships and being able to add PKF Cooper Parry to that list is fantastic. We look forward to seeing the positive impact from working together.”

PKF Flying High

 

Bondholder PKF Cooper Parry has just reported its strongest ever financial year, showcasing the company as the fastest growing firm of accountants in the UK.

In the financial year up to the end of June 2016, PKF Cooper Parry generated revenues of over £22m– a 29% increase in growth on the previous year’s turnover of £17.2m.

The accountancy firm isn't planning on resting on its laurels, and has set a £30m target for this financial year. 

PKF Cooper Parry is currently the No. 1 accountancy firm in the East Midlands amongst privately owned £5m to £50m businesses.

Ade Cheatham, CEO, said: "What is really remarkable is the size and speed of our growth. Our headline figures are very impressive and represent growth across the board, but we have broadened our proposition in several key areas and introduced a number of new service lines, which have contributed to our success."

We play to our strengths and are working hard to create the right infrastructure. We have
the right team around us, which will enable us achieve our long term aim of creating a £45m
turnover firm within the next three years, reaching £150m within the next 10 years
— Ade Cheatham, CEO

Former FBI Hacker to Deliver Seminar at PKF

A former black hat hacker is to deliver a seminar on cyber security at Bondholder PKF Cooper Parry next month. 

You rarely get the opportunity to gain a unique insight from an individual who actually used to break into cyber systems just for fun, so this is sure to be a really enlightening and thought-provoking seminar.
— Victoria Playford, IT Partner

The IT Solutions team will host Ryan Ackroyd, the man who infamously hacked Sony, Fox and the FBI , as he gives businesses an insight into the damaging effects of cyber-crime, and the need for investing in a secure IT system. 

Ryan was a founding member of the hacking group 'LulzSec' and was responsible for the penetration of multiple military and government domains in 2010 and 2011. He now uses his expertise to help secure IT systems, rather than breaking into them. 

Ryan will be joined by academic Dr David Day and Neil Richardson, a consultant and chapter lead for the Open Web Application Security Project. 

Victoria Playford, IT Partner, said: 'There's nothing more terrifying for a business than the threat of cyber-attack. This really is a unique opportunity for the region's businesses to learn more about the dangers that cyber-crime poses o their business and what they should be doing to combat it.' 

To book your place at the Cyber Security seminar, contact the Marketing team at events@pkfcooperparry.com

PKF's successful summer of dealmaking

Ben Rookes, Corporate Finance Director at PKF Cooper Parry

The Corporate Finance team at Bondholder PKF Cooper Parry has reported a busy and incredibly successful last quarter, during which it completed four deals – three of which were made post-Brexit.

Earlier in the summer, the team advised the shareholders of Tier 1 aerospace supplier North West Precision on a sale to US Private Equity firm Cartesian Capital-backed Arlington Industries Group.

Other recent deal highlights include acting for the shareholders on the sale of Nottingham-based training provider Mind Click to Carlyle Cardinal-backed Learning Pool and the sale of established East Midlands-based pharmacy chain K.M. Brennan to PCT Healthcare. Last month the team also acted as lead advisers on a private equity sponsored growth capital deal in the recycling sector.

The Corporate Finance team is continuing to experience significant growth on the back of a record year last year. They have recently boosted the senior team with the appointment of experienced deal-maker Phil Hinson, who joins the firm as a director, having previously worked for PwC and Sovereign Capital.

Speaking about the firm’s successful summer of deal-making, Ben Rookes, Corporate Finance Director, said: “Despite the uncertainty and turmoil surrounding Brexit, we are seeing no slow-down in activity and are continuing to get deals over the line. 

“Many private equity firms are keen to deploy capital and invest through the cycle and we are also noticing increased activity from overseas purchasers, particularly US trade, who are interested in good quality UK assets and are keen to take advantage of the weak pound post-Brexit."

“We expect to complete a number of deals with overseas trade and PE in the next few months and will continue to invest in our team in order to meet the demands of our client and support our continued growth,” added Ben.

The Corporate Finance team at Cooper Parry advises privately owned businesses, business owners, management teams and private equity firms on a range of services including company sales, acquisitions, buy-outs and development capital.

Cooper Parry Corporate Finance is a UK representative of Global M&A, one of the leading independent partnerships of corporate finance advisers in the world, providing clients with the benefits of global reach and sector knowledge.  

Finalists announced for Chamber Awards

The annual East Midlands Chamber Business Awards is back with a range of Bondholders competing as finalists.

We have a good cross-section of businesses represented this year and they all deserve their place on the list.
— Scott Knowles, Chief Executive of East Midlands Chamber

Bondholder finalists include Anoki, Balls2Marketing, Derby Museums (shortlisted for two categories), DrivenMedia, Foundation Derbyshire, Purpose Media, Sky Recruitment and HUUB, which is a finalist for four categories.

Scott Knowles, Chief Executive of East Midlands Chamber, said: "As always, we had a bumper crop of entries and our sponsors had a difficult task in whittling entrants in each category down to a final three. We have a good cross-section of businesses represented this year and they all deserve their place on the list."

Many Bondholders are also sponsoring categories including: East Midlands Trains, PKF Cooper Parry, RDS Global, Rolls-Royce and Mazars, which is sponsoring three categories across the region.

The East Midlands Chamber Business Awards 2016 for Derbyshire will be held on 16th September at the Roundhouse with the gala dinner being hosted by ITV Weather presenter, Emma Jesson.

PKF fights Brexit confusion

In response to the widespread bemusement surrounding the implications of Britain leaving the European Union, Bondholder PKF Cooper Parry has assembled a team of professional advisors called the Brexit Brigade.

Our fearless team in the Brexit Brigade will seek out some of the answers and find out how the UK will trade and interact with its European neighbours in a post-Brexit world.
— Ade Cheatham, CEO of PKF Cooper Parry

The squad of 'superheroes' are on a mission to fight Brexit uncertainty. The team comprises of tax partner Matt Hodgson and tax director Suki Kaur, corporate finance director Ben Rookes, restructuring director Jeremy Birch, wealth director Jonathan Elsigood, business finance manager Mark Huddlestone and audit partner Andrew Honarmand.

Ade Cheatham, CEO of PKF Cooper Parry, said: "The business community is currently asking lots of questions, so our fearless team in the Brexit Brigade will seek out some of the answers and find out how the UK will trade and interact with its European neighbours in a post-Brexit world."

They aim to dispel some of the myths concerning Brexit and advise the region's businesses on what the UK's decision to leave the EU will really mean to them. They'll also take a look at the current state of the post-Brexit economy and share their experience and expertise in a fresh, no-nonsense way.

To share your opinions on Brexit, or if you've got a question you'd like the Brexit Brigade to look in to, email brexit@pkfcooperparry.com and one of the team will get back to you at lightning speed.

 

PKF appoints new director

Edward Gray will be bringing 16 years' of experience to Bondholder PKF Cooper Parry in his new role as Director of Transaction Services.

In the last ten years in his previous role, Edward has been giving deal advice to a range of businesses — from small smart-ups and entrepreneurial individuals, through to multi-million pound corporates and private equity firms.

I’m looking forward to supporting a wide range of clients, growing the transaction offering at PKF Cooper Parry and establishing and creating new opportunities to help grow the firm, as well as continuing to provide great service to our current clients.
— Edward Gray, Director of Transaction Services at PKF Cooper Parry

In his new role, he will advise on company acquisitions and disposals, carrying out a range of due diligence work as well as providing wider support for businesses going through the transaction process.

Edward commented: "I'm looking forward to supporting a wide range of clients, growing the transaction offering at PKF Cooper Parry and establishing and creating new opportunities to help grow the firm, as well as continuing to provide great service to our current clients."

PKF Cooper Parry is one of the largest independent firms of business advisors in the Midlands with an established track record of helping local businesses and private clients in the UK and internationally.

PKF welcomes latest wave of young talent

Bondholder PKF Cooper Parry's new wave of interns.

You may remember reading about the wildly successful internship programme at Bondholder PKF Cooper Parry last month where all eight newcomers were promoted to full-time staff following their internship year. The company continues to nurture young talent in the region and welcomes ten interns across the Midlands.

We have been some strong talent coming through the assessment stages and look forward to working with our new recruits to help develop their potential.
— Ade Cheatham, CEO of PKF Cooper Parry

Designed to give each intern a broad range of experience throughout the company during their time there, PKF's internship programme focuses on personal development and professional training.

Ade Cheatham, CEO of PKF Cooper Parry, said: "There has been an unprecedented level of interest in this year's scheme, with a lot of competition from across the region. We have been some strong talent coming through the assessment stages and look forward to working with our new recruits to help develop their potential."

Best wishes from Marketing Derby to the East Midlands internship team: Samantha Galligan, Charlotte Taylor, Matthew Holmes, Kassim Yasin, Rachael McQuaid, Amardeep Atwal and Revekka Katsounotou.

PKF apprentice awarded at House of Lords

An apprentice from the IT Solutions team at Bondholder PKF Cooper Parry made a trip to the House of Lords last week to receive a prestigious award.

Andrew joined the IT Solutions team in 2014 and has excelled in his role as an apprentice. He has completed a level three apprenticeship in IT, software, web and telecoms Professionals Apprenticeship, gaining an Edexcel BTEC level three extended diploma in ICT systems and principles (QCF) and a BTEC Level 3 Diploma in professional competence for IT and telecoms professionals.

As a result of his consistent hard work with the firm, what was supposed to be a one-year apprenticeship has turned into a second year with the firm and Andrew is now hoping to secure a permanent position on completion of his studies.

Andrew commented: “I’ve loved my time here and really feel part of the IT Solutions team. After my apprenticeship ends, my aim is to secure a full time job with the firm and receiving this award will take me another step closer to achieving my goal.”

Brett Critchley, partner and head of the IT Solutions team at PKF Cooper Parry, added: “We’re absolutely delighted with Andrew’s progress over the past 12 months. He has worked very hard to achieve his qualifications and is a valued member of our team – we wish him every success in his future studies.”

PKF Cooper Parry was recently named in the 2016 Sunday Times Top 100 Best Small Companies to Work for. It is one of the largest independent firms of business advisers in the Midlands and currently employs more than 350 team members across its East Midlands headquarters and Birmingham office.