Waterland Private Equity (Waterland) is to invest in Cooper Parry, a disruptive firm of accountants and business advisers.
Cooper Parry’s teams support like-minded entrepreneurial businesses across the UK and overseas, covering the spectrum of Audit, Tax, R&D, Tech & High Growth, Outsourced Finance Services, Corporate Finance and Wealth Management. In recent years, the Company has grown market share by successfully pivoting from a generalist to a specialist approach, providing tech-enabled accountancy services for high growth technology companies and established businesses across a range of end markets.
Ade Cheatham will continue as CEO to propel the business forward alongside the full existing Leadership team. With Waterland’s investment, Cooper Parry will roll out its five-year vision to generate a five-fold increase in annual revenues and provide a broader suite of services to new and existing clients. An identified pipeline of new Partner hires, team lifts and complementary acquisitions will strengthen existing and add new capabilities to expand Cooper Parry’s presence in the UK and internationally. Significant follow-on funding is available to support the Accountancy and Wealth Management businesses, which will operate as standalone business units and follow independent M&A strategies.
