Cooper Parry companions with New York fairness companion to ship development

Cooper Parry has entered into an funding partnership with New York-based Lee Fairness to assist ship development to its UK shoppers, together with dealerships.

The Manchester-based automotive crew at UHY Hacker Younger – auditor for the vendor classes within the AM Awards – joined Cooper Parry in a takeover deal in October.

The famend automotive advisory crew, led by Dave Kendrick, Paul Daly and Ian McMahon, has steered a number of the most important business offers to completion together with most not too long ago managing the DM Keith acquisition of automotive and motorbike vendor group Colin Appleyard.

Lee Fairness succeeds Waterland Non-public Fairness as Cooper Parry’s capital companion. 

Ade Cheatham, Cooper Parry chief government (pictured), stated: “This funding marks a monumental milestone within the CP journey, representing one of many largest offers of its sort in the worldwide accountancy market.

“Following an unbelievable interval of sustainable development, partnering with Lee Fairness Companions is the following degree game-changer.

“The dimensions of this deal will propel us additional ahead over the following 5 years, giving us the monetary assets to create the UK’s next-gen skilled providers group.”

Extra phrases of the transaction, which is anticipated to shut within the first half of 2025 topic to regulatory approvals, weren’t disclosed.

Entries wished for the 2025 AM Awards

Kendrick’s auto crew is auditing this yr’s AM Awards, that are presently open for entries now.