Long-established Aberdeen accountancy firm, Williamson and Dunn, is to join one of the UK’s leading business advisory groups Baldwins to become part of the fast-growing CogitalGroup on 2 August. Based on West Craibstone Street, the firm was founded in 1880, employs 5 partners and 36 staff and has a fee income of more than £3m.
In October 2017, Campbell Dallas and Springfords became the first Scottish firms to join Baldwins followed by Sinclair Scott in May 2018 and Scott-Moncrieff in April 2019.
Baldwins, a Cogital Group company, now has 88 offices throughout the UK as part of its national strategic expansion plan, employing 2,700 staff with an annual turnover of approximately £200m.
This latest deal underlines Baldwins’ further investment in Scotland as all staff and partners will transfer to Campbell Dallas, joining one of Scotland’s most innovative and fastest growing accountancy practices with 47 partners, nearly 550 staff and a combined fee income of circa £40m. The enlarged business will trade as Campbell Dallas from the West Craibstone Street offices whilst the Campbell Dallas office on Carden Place, which employs 2 partners and 10 staff, will continue business as usual.
After Baldwins’ deal with Campbell Dallas, plans were announced to drive growth in Scotland through a combination of acquisitions and organic expansion.
Williamson and Dunn provides accountancy, advisory, tax, audit, financial planning and compliance services to more than 1,000 owner managed businesses, entrepreneurs, and private individuals. The firm is known for its expertise in the family business, farming, fishing, property, healthcare, construction, estates and charity sectors.
George Flett, senior partner of Williamson and Dunn said: “Joining Baldwins and the CogitalGroup will enable us to provide our clients with access to a full range of accountancy services and specialists across Scotland, the UK and internationally. We will also gain access to industry-leading financial technology that will allow us to provide outstanding customer service. Our staff will also gain access to challenging and rewarding career opportunities at all levels across the wider group. The accountancy market is changing rapidly, and we hope our clients will quickly see the benefits of the deal.”
Chris Horne, managing partner of Campbell Dallas said the deal was a good move for both firms: “Williamson and Dunn is a highly respected Aberdeen firm with a long history of advising businesses and private clients, and we are delighted to welcome them to Campbell Dallas. The deal provides Campbell Dallas with further scale to expand our client base in Aberdeen and throughout the North East and provides staff with the chance to develop their careers across a larger business. Working together, we will offer the best technology driven services to our clients.”
Scott-Moncrieff joined Campbell Dallas in April this year, adding 16 partners and 220 staff. Campbell Dallas is now one of the largest full-service accountancy firms in Scotland outside of the ‘Big 4’.
Shaun Knight, Board Director at Baldwins, added: “Expanding in the North East is a significant move and underlines our commitment to further growth in Scotland. We welcome our new colleagues and look forward to working together as we continue to build a progressive and disruptive business in the fast-changing accountancy market.”