Lee Equity Partners to acquire a majority stake in Cooper Parry for Waterland Private Equity.

Lee Equity Partners, a private equity firm, agreed to acquire a majority stake in Cooper Parry, an accountancy and business advisory firm, for Waterland Private Equity, a private equity firm. Financial terms were not disclosed. "This investment marks a monumental milestone in the CP journey, representing one of the largest deals of its kind in the global accountancy market. Following an incredible period of sustainable growth, partnering with Lee Equity Partners is the next level game-changer. The scale of this deal will propel us further forward over the next five years, giving us the financial resources to create the UK's next-gen professional services group. After getting to know the Lee Equity team over the past few months, I'm so excited that we're culturally aligned, share the same ambitious outlook and know that they really 'get' the opportunity we have in front of us. This is history-making news for everyone in the CP orbit - our people and clients alike. I can't wait to bring our vision for 2030 to life," Ade Cheatham, Cooper Parry CEO.