News
Parkwell acquires stake in ComPeer - 01.12.2004
Parkwell Management Consultants Ltd, has acquired a majority stake in ComPeer Ltd, the financial benchmarking company. ComPeer has for several years been providing benchmarking information for UK private client stockbrokers and wealth managers, and is now moving to provide a similar service to institutional stockbrokers.
This connection fits well with Parkwell’s core business of offering consultancy services to financial services clients. Agreement has been reached between Parkwell and the directors of ComPeer, to acquire a majority stake. ComPeer will continue offering its existing services and with the stronger financial backing that Parkwell can provide will be in a better position to develop and expand its offerings further.
Parkwell, who, in Accountancy Age in June this year, were listed as the second fastest-growing mid-range consultancy in the UK, sees synergy between its own services, revolving around assisting its clients in the proper use of IT to run an efficient operation, and the services provided by ComPeer.