DJH Enhances West Midlands Presence with Nicklin Acquisition

Deal News | Jun 10, 2025 | Tenzing Private Equity

DJH Enhances West Midlands Presence with Nicklin Acquisition

Tenzing Private Equity's portfolio company, DJH, has announced the strategic acquisition of Nicklin, a long-standing accountancy practice in the Black Country region of the West Midlands. This move signifies an important step towards DJH's goal of becoming one of the UK's top 20 accountancy firms. By reinforcing its presence in the West Midlands, DJH not only expands its team to 230 professionals but also enhances its capabilities to deliver personalized financial and accountancy services to local businesses and individuals. Tenzing Private Equity views this sixth supported transaction as an affirmation of DJH's solid growth strategy towards national prominence. The continuity of leadership at Nicklin ensures seamless integration and continued service excellence.

Sectors

  • Accounting and Financial Services
  • Private Equity

Geography

  • United Kingdom – The acquisition takes place within the UK, with a focus on strengthening DJH's regional presence in West Midlands.
  • West Midlands – Nicklin is located in the West Midlands, emphasizing DJH's strategic geographic expansion in this key region.

Industry

  • Accounting and Financial Services – The acquisition strengthens DJH's accountancy service capabilities nationally, reflective of its goal to be among the UK's top 20 practices.
  • Private Equity – Tenzing Private Equity is involved in backing DJH's strategic acquisitions, reflecting activity in the private equity industry.

Financials

    Participants

    NameRoleTypeDescription
    DJHAcquiring CompanyCompanyAn accountancy firm aiming to become a top 20 practice in the UK with support from Tenzing Private Equity.
    NicklinTarget CompanyCompanyA historic accountancy practice based in the Black Country, providing local financial services for over 90 years.
    Tenzing Private EquityPrivate Equity FirmCompanyA private equity firm providing financial backing for DJH's acquisition strategies.
    Scott HeathCEO of DJHPersonCEO of DJH, leading the company's growth strategy and acquisition initiatives.
    Matt NicholsonInvestment LeadPersonInvestment Lead at Tenzing Private Equity, supporting DJH's expansion efforts.