Acquisition of SJD Accountancy by Sovereign Capital

 
SJD_Accountancy.png

TRANSACTION TYPE
Acquisition

VALUE
>£100m

SECTOR
Business Services

WEBSITE
sjdaccountancy.com

 

Argyll Partners acted as buy-side advisors to Sovereign on the acquisition of SJD Accountancy and Nixon Williams, in both a corporate finance and debt advisory capacity.

SJD Accountancy and Nixon Williams

  • SJD is the UK's largest accountancy services provider to the contractor market

  • Nixon Williams is a smaller competitor in the same market

Deal highlights

  • Argyll responsible for assisting in due diligence preparation, business planning, transaction modelling and completion mechanics

  • secured attractive debt package from Blue Bay following a competitive debt process

  • assisted with the both the SJD and Nixon Williams transactions