Initial Investment: 28/09/2023
Sector: Financial Services
Fund: Buyout Fund IV
Strategic Growth Plan
- Support the continuation of the team’s successful buy and build strategy by acquiring regional practices that deliver increased scale and expand the business’ geographic coverage
- Expand the business’ service offering through acquisition of businesses in complimentary service lines and targeted hiring of specialists
- Invest in technology to enhance client data capture and analysis to drive strategic cross-sell and improve efficiency of back-office functions
- Leverage sales and marketing strategies to drive organic growth opportunities
We are excited to back such an experienced and ambitious team, particularly in terms of their ability to scale an accountancy group via acquisition and organic growth. BK Plus’s focus on client service to the SME market via a regional model also means they are well-positioned to provide the support required to existing and new clients.
Shaun Knight, CEO of BK Plus
Shaun came from a Banking background before moving into Corporate Finance and leading a top 10 accountancy firm as the COO. He has over 20 years’ experience advising owners and managers on buying and selling businesses, raising finance, strategic planning, business restructuring, and conducting buy-outs.
We are delighted to be partnering with Palatine, who we chose as they shared our ambition, philosophy, values and passion to deliver high-quality professional services to the SME sector – delivering locally, to local businesses, by local people with the support of the wider infrastructure.
There is an unprecedented opportunity within the accounting sector to acquire with like-minded firms across the country. Our growth to date demonstrates this, along with a significant pipeline of opportunity. Localness is the key to our core principles; this mirrors Palatine’s structure and is key to our decision in choosing them.
CEO – BK Plus