Accountancy firms join forces to boost national ambitions

Dains Accountants has taken another major step towards becoming one of the top 30 accountancy firms in the UK with the acquisition of HSKS Greenhalgh.

Dains, which has offices on the Wyvern Business Park, in Derby, has secured a deal for HSKSG, which has offices in Derby, Nottingham and Uttoxeter.

The deal is the latest in a string of acquisitions completed by Dains, which has a team of more than 400 people, who specialise in advising  growing SME businesses.

Richard McNeilly, chief executive at Dains, said “We have followed the progress of HSKSG for several years and it became increasingly clear that their approach to client delivery and people development closely aligned with ours.

“As a long-established firm in the East Midlands, we believe they are ideal partners to support our continued growth in the Midlands.”

Colin Peacock, managing director of HSKSG, said: “By joining the Dains Group, our ability to deliver an even broader range of services is enhanced and we look forward to joining the Dains team on this incredibly exciting journey.”

In recent years, HSKSG has enjoyed consistent growth, driven by a commitment to the use of technology, alongside high-quality personal and tailored relationships.

Mr Peacock said: “We have continued to invest in our target markets and our team in recent years and we have always been determined to deliver the best possible service to our loyal clients.”

The deal for HSKSG is Dains’ fifth acquisition since receiving backing from Horizon Capital – a private equity investor, specialising in technology and services businesses buy and build transactions.

Luke Kingston, partner at Horizon Capital, said: “We are delighted to have supported Richard and Dains on their fifth acquisition and welcome the fantastic team at HSKSG into the group.

“This is another exciting addition to the group, which has more than doubled since we first invested, and we look forward to this strong momentum continuing.”