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UNQUOTE
  • Portfolio management

Hg-backed Cogital buys Shelley Stock Hutter

  • Oscar Geen
  • Oscar Geen
  • 01 December 2017
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Hg-backed Cogital Group has acquired accountancy and business advisory firm Shelley Stock Hutter for an undisclosed sum.

Cogital Group is a tax and advisory practice, created by Hg with the acquisition of Blick Rothenberg in August 2016.

Shelley Stock Hutter is the first acquisition under the Blick Rothenberg brand in its buy-and-build strategy, and strengthens the group's position in the owner-managed business sector.

The group consists of Azets Group in the Nordic region, and Baldwins Group and Blick Rothenberg in the UK. It employs 4,700 people in 150 offices across seven countries.

Company
Shelley Stock Hutter is an audit, accountancy and tax outsourcing and business advisory practice. The firm has a team of 60 people and has an outsourcing practice that works with businesses of all sizes.

People
Blick Rothenberg – Nilesh Shah (CEO).
Shelley Stock Hutter – Lynton Stock (senior partner).

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