A team of experts from national law firm Bevan Brittan has advised on the sale of a Leeds accountancy practice to a top 50 UK accountancy firm.
The legal team worked with Novis & Co on the sale to Midlands based practice DJH Mitten Clarke. DJH is seeking to increase its national footprint and the deal follows a strategic investment by Tenzing Private Equity in November last year.
All employees of Novis & Co will be integrated into the DJH Mitten Clarke group.
Christian Hunt, a corporate partner in Bevan Brittan’s Leeds office said: “The UK accounting sector remains robust, despite economic uncertainty. Novis & Co has a great reputation in Leeds and is a great fit for DJH Mitten Clarke as it seeks to grow.”
Novis & Co’s Claire Howarth, Managing Director, added, “After many successful years providing support and business advice for our clients, it was evident that for us to continue to develop and grow our business we needed to look for a partner to strengthen our infrastructure.
“DJH Mitten Clarke brings with it a number of specialist services, such as capital allowances, R&D, corporate finance and commercial & residential funding, along with group services such as marketing, learning and development and recruitment. Ultimately, all of this will enhance the advice and support that we offer to our clients.”
Morley will remain the home of the Novis & Co team, however, within the coming months, it will take on the DJH Mitten Clarke name, becoming the Leeds offices for the Group.
Claire will continue to lead the team, alongside fellow Director, Steve Tucker.
Christian worked on the deal with fellow Bevan Brittan partner Nick Thackray along with solicitors Briar Speight and Jess Hirst.
Bevan Brittan’s highly regarded corporate team advises regional, national and international clients on acquisitions, disposals, private equity transactions, acquisition finance, joint ventures, re-organisations and corporate governance matters.