Browne Jacobson advises OakNorth Bank on AMS Group’s acquisition of Chadwicks
UK & Ireland law firm Browne Jacobson has successfully supported OakNorth Bank's North West Debt Finance team in facilitating AMS Group's acquisition of Chadwicks, one of the largest regional charter accountancy firms in the North West.
With over 40 years of experience, Chadwicks has served more than 2,500 clients with a team of 60 professionals across three offices. This strategic acquisition is a significant milestone for financial services firm AMS Group, as it seeks to provide comprehensive advisory services to the mid-market.
The acquisition highlights OakNorth's commitment to enabling high-quality, ambitious management teams to achieve growth. By providing the necessary funding to AMS Group, OakNorth has not only facilitated the acquisition of Chadwicks but also paved the way for future expansions.
Browne Jacobson's banking and finance team included partner Graham Ball and associate Beth Nixon, with corporate support from partner Peter Allen and trainee Alex O'Donoughue.
Graham Ball, Partner at Browne Jacobson, said: “We’re so pleased to have supported the OakNorth team in facilitating this landmark acquisition for AMS group. The FS industry is one which our firm knows well, and at this time of consolidation, we’re delighted to have played our part in supporting the sector’s key players.”
Sean McCormick, Associate Director of Debt Finance at OakNorth Bank, said: “With the UK’s accounting and audit market set for significant growth in the future, AMS Group is in a perfect position to capitalise on this tailwind via its exciting and already highly successful ‘buy and build’ strategy. We’d also like to thank Graham and the Browne Jacobson team for their fantastic support on facilitating this transaction – they have a real understanding of our market and where opportunities arise, so their support has been invaluable.”
You may be interested in...
Legal Update
Using AI to help spot vulnerable customers
Legal Update
Is your cyber resilience shored up?
In Person Event
Nottingham Private Sector Development Club
Legal Update - Procurement Act
Update on local authority owned companies Part 2 Teckal exemption
Legal Update
Update on local authority owned companies: Part 1 subsidy control
Press Release
Browne Jacobson advises Montagu Evans on integration of its UK property management services into Savills
Press Release
Browne Jacobson advises OakNorth Bank on AMS Group’s acquisition of Chadwicks
Press Release - Firm news
Browne Jacobson strengthens Welsh private sector practice with new Corporate Partner appointment
In Person Event
Ascensus: for in-house lawyers: London
Press Release
Browne Jacobson has advised Maven Capital Partners during a £650,000 investment in Traverse
Press Release
Browne Jacobson advises management at Metric Search on BGF investment
Legal Update - DORA
EU Digital Operational Resilience Act: Countdown to comply with the January 2025 deadline
Press Release
Browne Jacobson strengthens Irish Corporate team with appointment of Principal Associate James Byrne
Legal Update
General election: What a new government could mean for employment law
Legal Update
The benefits of good governance in sport
Press Release
Browne Jacobson signs up to UAE-UK Business Council to provide expertise in emerging healthcare trends
Press Release
Browne Jacobson advises Inspeq AI on $1.1m investment led by Sure Valley Ventures
Legal Update
Commercial contracts: Top tips before signing on the dotted line
Legal Update - Consumer Duty
From products to protection: The rise of embedded insurance
Legal Update
The European Accessibility Act: Inclusive products and services
Legal Update
Final FCA anti-greenwashing rule guidance published
Legal Update
The FCA comments on competition between big tech firms and financial service firms
Legal Update - Consumer Duty
The Financial Conduct Authority’s approach to AI regulation
Legal Update
Banking Transaction Update — May 2024
Press Release
Browne Jacobson delivers O Shaped training to Government Legal Department teams
Press Release
Browne Jacobson expands significantly in London with Technology and Commercial team hire from EY Law
Press Release
Browne Jacobson advises LDC on investment in performance doorset specialist IDSL
Press Release
Browne Jacobson to lead discussions on the future of real estate and infrastructure at this year’s UKREiiF 2024 event
Legal Update
A reflection of FIMA Connect 2024
Legal Update
Economic Crime and Corporate Transparency Act 2023 – impact of changes implemented on 4 March 2024
Press Release
Browne Jacobson advises Phenna Group on its acquisition of NLG Ecology
Legal Update
The EU AI Act: What does it mean for insurers?
Legal Update
FCA and FOS set out strategic plans for 2024 and beyond
Legal Update
The space data revolution
Legal Update
New guidance on supporting autistic customers for the insurance industry
Legal Update
Understanding the ICO's new fining guidance
Legal Update
7 ways academy trusts can prepare for the new Corporate Transparency Act
Press Release
Browne Jacobson advises Cairngorm Capital and Management on the buyout of MRO+ Solutions by NVM Private Equity
Press Release
Browne Jacobson advises Bluprintx on its acquisition of Definitive Results
