KPMG buys investor relations specialist Makinson Cowell

Global business advisory firm KPMG has acquired once of the UK’s best known investor relations business, Makinson Cowell.

KPMG: London base at Canary Wharf
KPMG: London base at Canary Wharf

The acquisition is one of the most significant moves from one of the Big Four accountancy and advisory firm to grow its presence in the strategic communications sector.

Simon Collins, UK Chairman of KPMG, said: ‘Whilst today’s deal is a relatively small acquisition for the firm, it is an important transaction for KPMG. 

‘At a time when companies are increasingly looking to ensure advice is independent from the underlying sources of finance, the combination of KPMG’s debt advisory business with the equity services provided by Makinson Cowell will create a market leading independent capital advisory business.’

Collins argued that the deal will establish a ‘unique offering’ in the UK market place.

Makinson Cowell has been one of the best known investor relations specialists in the UK and Europe for over two decades.

It is hoped the deal will provide Makinson Cowell with access to additional resources and increase its geographic reach.

Co-founder of Makinson Cowell Bob Cowell added: ‘For our clients, this move will underwrite the independent model which has characterised our business from the outset and preserve our brand for the future.’

Completion of the acquisition is subject to regulatory consent.

Before commenting please read our rules for commenting on articles.

If you see a comment you find offensive, you can flag it as inappropriate. In the top right-hand corner of an individual comment, you will see 'flag as inappropriate'. Clicking this prompts us to review the comment. For further information see our rules for commenting on articles.

comments powered by Disqus

Latest Articles

DWP comms chief Richard Caseby secures apology from The Guardian

DWP comms chief Richard Caseby secures apology from The Guardian

The Guardian has apologised today for a Polly Toynbee comment piece which gave incorrect details about the hiring of former Sun and Times managing editor Richard Caseby by the Department for Work and Pensions.

Hit or Miss? UKIP responds to Times story about Nigel Farage expenses

Hit or Miss? UKIP responds to Times story about Nigel Farage expenses

UKIP and its leader Nigel Farage came out fighting over a story in The Times yesterday that he is facing an investigation over £60,000 of "missing" European Union funds.

Ebay appoints Launch PR and Exposure for UK consumer work

Ebay appoints Launch PR and Exposure for UK consumer work

Online retailer eBay has appointed Launch PR and Exposure to its roster of agencies for UK consumer work.