BKL DISCLOSES MERGER DEAL WITH CFPRO

BKL has announced the approval of a merger agreement with CFPro Ltd, a consultancy specialising in commercial finance. CFPro is known for its strategic assistance to high-growth enterprises, aiding them in fortifying their financial operations and realising their aspirations.

The range of services offered by CFPro includes advisory and compliance services for various transactions such as acquisitions, IPOs, and funding. They also provide guidance to finance teams navigating significant changes and offer corporate governance support to ensure clients meet their compliance obligations.

With this merger, the combined team of BKL and CFPro will now comprise over 250 individuals, including 25 partners. Despite the merger, the team will continue its operations under the CFPro name as an integral part of BKL.

This development comes on the heels of the merger between Landau Baker Chartered Accountants and BKL in May 2023. Additionally, BKL experienced growth at the partner level in April 2023 with the appointment of two new audit partners, Nick Bishop and Geeta Morgan, and the elevation of Duncan Hardy, BKL’s chief digital officer since 2019, to partner status.

Expressing enthusiasm about the merger, BKL CEO Lee Brook stated, “It’s exciting to welcome CFPro to BKL. We’ve always enjoyed serving as trusted advisers to ambitious clients. CFPro’s vast experience in this area will enable us to provide an even higher level of support to fast-growing businesses. We know that CFPro’s team will become invaluable to our clients, and we can’t wait to begin collaborating.”

Barbara Spurrier, the founder of CFPro and now a partner at BKL, added, “Joining forces with BKL is a great opportunity for CFPro and our clients. Providing the best possible support to forward-looking businesses has always been our priority at CFPro. Working together with BKL’s business specialists, our clients will benefit from greater breadth and depth to that support. As a well-established business taking its own step forward, the CFPro team and I are looking forward to exploring the new opportunities available to us and our clients and building relationships with our many new colleagues.”

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