12 Apr 2023

A major step in BKL’s future growth

News

BKL has partnered with private equity firm CBPE Capital LLP (CBPE), whose investment in BKL will support our growth and development ambitions.

About our decision

Key to BKL’s vision and values is our commitment to building an inclusive, sustainable business where clients grow from our advice and our people can achieve their best every day. Our recent B Corp certification was a significant step on that journey.

Being able to invest in our people, services and technology means we can go further: taking advantage of greater opportunities to make a difference to our clients, our people and our communities, while remaining competitive in a rapidly changing marketplace.

CBPE’s team recognise the value of our business and our culture. With over 35 years’ experience, they have the track record and in-depth knowledge to help us enhance that value and to put our growth strategy into action. They also have a strong belief in responsible investing and the importance of ESG (environmental, social and governance) factors.

Our clients will continue to receive the high-quality personal service that we take pride in giving. With CBPE’s support, in the coming years BKL will strengthen its existing services and expand into new services. We look forward to announcing those new services in the future.

This growth will open doors for our people too. There will be opportunities for everyone at BKL to develop new skills, explore new disciplines and reach new heights. We will also be able to welcome more new colleagues than ever before, making BKL even more diverse, talented and innovative.

Lee Brook, our CEO, says:

“I’m delighted that BKL will be taking our next step with CBPE’s backing. I know that the benefits for our clients and our people will be huge.

“With CBPE we don’t just get an investor: we get a partner. Their values – supporting the right people to do the right thing; building strong relationships – are an ideal fit for ours, as we look to build on BKL’s successes together while continuing our inclusive culture.

“We’re all excited about the journey ahead of us. Working with CBPE, we will be able to continue looking after our business now and in the future and to provide everyone at BKL with unprecedented opportunities.”

Adam Richardson, Director at CBPE, says:

“We are delighted to be backing Lee and the team at BKL. BKL’s strong employee culture and values, empowered by investment in technology, drives an exceptional level of client service.

“The SME accountancy market is going through a period of transition and BKL is ideally placed to make the most of the opportunities to grow both organically and through strategic acquisitions. We are excited to be partnering with BKL as they embark on the next stage of their journey.”

 

For more information, please contact:

Simon Bussell

Chief Commercial Officer

+44 (0)20 8922 9278

[email protected]