PRESS RELEASE: CWB Group acquires Professional Practice Services
CWB Group acquires Professional Practice Services
CWB Group (CWB), a specialist provider of financial advice, employee benefits and business consultancy, has acquired a majority stake in Midlands-based financial Advisory business Professional Practice Services (PPS).
PPS is a firm of independent financial advisers, specialising in providing corporate and personal financial planning advice to those within the UK veterinary sector.
The newly combined group will continue to operate under the existing CWB and PPS brands, ensuring a seamless continuity of service for clients.
Graham Clarkson, owner of CWB Group commented “I’ve known Dr Paul Jackson [owner and Partner of PPS] for over 10 years and have been impressed with how he has developed his business. PPS has become the market leader in providing financial solutions to the veterinary industry. Our joint ambition is to consolidate this success and to enable PPS to offer a greater range of services to its clients”.
Dr Paul Jackson said “Considering how Graham and his team have evolved the CWB Group in recent years, I’m delighted that PPS is becoming a part of this growing success story. The combined size of the group means we can offer our clients more services and solutions, and obtain even better terms from product providers.
Simon Hellier, Group Managing Director of CWB Group added “Having worked with Dr Paul Jackson for many years on the growth of PPS it is evident that there is a lot of similarity to how Graham has built CWB. Like Graham, Paul’s passion is working with his clients and he wanted a strong management team to help him develop his business. Paul will have much more time to spend with his clients”.
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About CWB Group
Formed by Graham Clarkson in 2000, CWB is an independently owned group of companies specialising in the provision of financial advice, tax planning, employee benefits and business consultancy services. Its clients include large and small businesses, entrepreneurs, owner-managers, senior executives and individuals. CWB employs 40 members of staff across three offices in London, Market Harborough, and Solihull.
About Professional Practice Services
Professional Practice Services provides financial advice and business consultancy services to the UK veterinary profession, and was formed in 1998. PPS currently represents more than 2,500 veterinary practices and is the only financial services specialist in the UK working exclusively for the veterinary sector. The firm employs 20 people and is based in Bromsgrove, Worcestershire.