BHP, Yorkshire’s largest independent firm of chartered accountants, has merged with Cleckheaton-based Clough & Company.
The deal creates a regional practice with six offices, over 270 people and revenues approaching £18m, place it firmly within the Accountancy Age Top 50+50 accounting firms in the UK.
Clough & Company’s financial services team will also joining BHP Financial Planning Limited, whilst the two firms’ corporate recovery and insolvency teams will combine within BHP Clough Corporate Solutions.
The merger coincides with the planned retirement from Clough & Company of partners Steven Gash and Nigel Westman. Both will remain as consultants.
John Warner, BHP’s managing partner, said: “The merger with Clough & Company is a further step towards our vision of being the independent firm of choice across our region. We have always admired Clough & Company as a long established and well respected brand in the West Yorkshire marketplace.
“They very much share our values and culture, not only providing the highest quality advice to clients but also employing and developing the best people. In particular the merger will add significant scale to our West Yorkshire offering, currently run out of our rapidly expanding office in Leeds”.
Nigel Bullas, Clough’s managing partner, added “As part of our own long term growth strategy we have identified the need for an international presence, which BHP’s membership of Kreston International will provide, together with highly specialised corporate finance, and consulting capabilities to respond to the increasingly complex demands of growing
BHP was shortlisted in the British Accountancy Awards 2013.