White & Black Advise Shaw Gibbs on Investment by Apiary Capital
White & Black Corporate Team is pleased to have recently advised Shaw Gibbs on it’s investment by Apiary Capital.
Congratulations to Shaw Gibbs and Peter O Connell who this week have successfully completed on an investment by Apiary Capital LLP.
Our Corporate team, led by John Allen, has been advising Peter and his team throughout the deal.
Apiary Capital has completed a £10m investment in Oxford-headquartered Shaw Gibbs, a provider of essential accounting, tax, payroll and related advisory services to over 4,000 SMEs and high net worth individuals. The company has over 100 team members and is led by experienced industry operator, Peter O’Connell, who has been Managing Partner since 2016.
Shaw Gibbs operates in a large and growing market that has historically been resilient throughout the cycle. In addition, the sector remains highly fragmented with over 40,000 accountancy firms in the UK. Apiary’s investment will allow Shaw Gibbs to accelerate its ambitious expansion plans through a targeted M&A programme. The investment will also facilitate the expansion of the service offering to new and existing clients.
Shaw Gibbs is a member of DFK International, an association with 219 member firms with 467 offices across 101 countries, that was established to share best practice and to promote international expansion.
Corporate transactional work is the largest area of our practice, with deals ranging from £1m to £750m, including mergers and acquisitions, finance, joint ventures, corporate governance, and banking involving high growth and pure technology companies. We guide our clients through every aspect, through to post-deal integration. Please reach out to Jonathan Williamson or John Allen for more information.