Baldwins acquisition builds up north east presence

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Baldwins Accountancy Group, which has more than doubled its offices across the country over the last 12 months, has now added Newcastle-based CTC Chartered Accountants as part of its national strategic expansion plan

Twelve months on from the Midlands headquartered firm’s first foray into the north east, which saw the buyout of Rowlands Accountants, one of the largest independent accountancy firms in the region, Baldwins has added CTC.

All 13 staff from the Jesmond-based firm, which advises clients on taxation, audits, accounts preparation, book-keeping and business development, will continue to work out of its current location, which will trade immediately as Baldwins.   

This latest acquisition brings Baldwins total number of offices to 34 across the country, employing over 800 staff with an annual turnover of around £50m. The firm is part of the CogitalGroup, set up by ex-Deloitte global chairman John Connolly.

Peter Cole, partner at CTC, will become a consultant of Baldwins Jesmond Ltd, with fellow partners Andrew Twaddle and Lesley Stabler being made directors.

Andrew Little, director at Baldwins and member of the north east board said: ‘Building on our existing presence in Tyneside will only serve to strengthen our position in the marketplace, and with more experts joining our existing offering, clients will have further access to the broad range of services the Baldwins Group already offers.

‘We are working hard to grow the Baldwins’ proposition in the region, which will offer opportunities to existing team members to progress their careers via promotion within the business, as well as the occasion to bring new employees on board, in turn helping them to build their potential careers within an exciting, expanding firm.’

Pat Sweet | Reporter, Accountancy Daily [2010-2021]

Pat Sweet was the former online reporter at Accountancy Daily and contributor to the monthly Accountancy magazine, pub...

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