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PKF expertise behind Williams & Griffin sale

Leading accountants and business advisers PKF have helped negotiate a deal that saw independent Colchester-based department store Williams & Griffin join the Fenwick department store group.A famous name on the High Street in Colchester, Williams & Griffin just last year won the Department Store of the Year Award. It joins the privately owned Fenwick group, which has 10 stores around the country including its flagship store on London's New Bond Street. PKF Corporate Finance Head Keith Ferguson is delighted his team was appointed to act for Williams & Griffin shareholders in the sale. 'Our role was to guide our client through the corporate sales process while at the same time recognising the need to remain focused on day-to-day business operations.'It's just the latest in a successful series of deals for the Corporate Finance experts at PKF East Anglia.In the past year alone, the team has completed transactions with a value in excess of £200 million and growth within the team has also been phenomenal - it has doubled in size.Working across the firm's three offices in Ipswich, Great Yarmouth and Norwich, other successes for the corporate finance team include the recent management buyout of Norfolk-based Pandora Books and acting for shareholders in the disposal of insurance brokers Cook Sheppard Pinhey. The team also advised private equity house Sagitus Partners in the acquisition of precision engineering company Davall & Mollart and acted for shareholders in the sale of Lowestoft-based Klyne Tugs to Britain's oldest tug and barge company, JP Knight.Commenting on the work of his team Mr Ferguson says: 'I am delighted to be supported by such a strong, dedicated, up-and-coming group of people. We look forward to continued growth and are confident of a successful year ahead.'For further information please contact Keith Ferguson on 01473 320755.Photo caption: PKF's Corporate Finance Team - Keith Ferguson, Jon White, Katherine Wiseman, Matt King, Diane Pipe, Daniel Dickson and Stephen Reed

Article by BDO LLP

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