SMH Group merges with Rotherham accountancy firm Parkins
What's the deal? Yorkshire and Derbyshire professional services firm SMH GroupDealroom has a profile for this one. Try Dealroom → has merged with ParkinsDealroom has a profile for this one. Try Dealroom →, a Wickersley-based accountancy practice. The combined business will operate as SMH ParkinsDealroom has a profile for this one. Try Dealroom → from its Wickersley office, keeping the same team. Terms were not disclosed.
What does each do? Parkins advises businesses and individuals in Rotherham and the wider region. SMH GroupDealroom has a profile for this one. Try Dealroom → offers commercial finance, corporate finance, financial services, residential mortgages, and wills and probate.
What's the endgame? The merger gives Parkins clients access to the wider expertise and specialist services across SMH Group. It also gives SMH Group two offices in Rotherham, deepening its regional presence.
What they said: "Rotherham is an important part of our regional presence, and this merger further strengthens our position within the local community," said Jonathon Dickens, chief executive at SMH Group.
Rob Parkin, partner at Parkins, called it "a positive step for our firm and our clients," adding that clients "will continue to deal with the same people, from the same office."
Who advised: CortusDealroom has a profile for this one. Try Dealroom → and CMP LegalDealroom has a profile for this one. Try Dealroom → acted for SMH Group, while MD LawDealroom has a profile for this one. Try Dealroom → acted for Parkins.
The signal: The deal reflects continued consolidation among UK regional accountancy firms, as smaller practices tie up with larger groups to broaden services while keeping local relationships intact.
Read more: insidermedia.com
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