Blick Rothenberg, the accounting tax and advisory firm with a growing Financial Planning arm, has made its first acquisition.

Blick Rothenberg, part of the worldwide business advisory firm Cogital Group, has bought London-based tax advisers and accountants Shelley Stock Hutter LLP to increase its presence in the owner-managed business sector. The acquisition is part of Blick Rothenberg’s growth and acquisition strategy, the company says. The cost of the deal has not been disclosed.

Blick Rothenberg offers a wide range of Financial Planning services including advice on retirement planning, including self-invested personal pensions (SIPPs) and (QROPS). It also offers general “strategic personal Financial Planning” and is particularly focused on HNW clients. 

Blick’s parent Cogital is aiming to build a global technology-driven international business service group. CogitalGroup is an international business services group with more than 4,700 employees serving 58,000 clients from 150 offices in seven countries.

Nilesh Shah, chief executive at Blick Rothenberg, said: “We are delighted to have acquired Shelley Stock Hutter. They have a very good reputation in the market place and in terms of clients and people are a very good fit for us.”

The acquisition will strengthen Blick Rothenberg’s presence in the entrepreneurial owner managed business sector. 

Mr Shah added: “Shelley Stock Hutter has a strong presence in the Owner Managed Business (OMB)  market place and has successfully created a UK-focused business advising entrepreneurial businesses which will complement the range of services we offer. There are plenty of very good synergies between the two businesses."

Blick Rothenberg has 35 partners and directors and over 250 staff. It offers audit, assurance and business advisory services, as well as advice on corporate and personal tax matters, to a variety of UK and international clients. 

Shelley Stock Hutter is an award winning audit, accountancy, tax, outsourcing and business advisory practice. The firm has a team of over 60 people.