OC&C support Dains and Horizon Capital in the sale of majority stake to IK Partners

We’re very pleased to congratulate IK partners (IK) on their recent investment in Dains Accountants (Dains), succeeding Horizon Capital as majority shareholder. OC&C is proud to have supported Dains and Horizon Capital through commercial vendor due diligence.

Founded in 1926, Dains delivers a full range of accounting and business advisory services to rapidly growing small and medium-sized enterprises (SMEs) across the UK and Ireland. The company stands out thanks to its senior-led client relationships and exceptional service quality across key areas, including Accountancy & Business Advisory, Audit, Business Recovery, Corporate Finance, Forensic Accounting, and Tax.  The company currently comprises over 700 employees servicing a diverse base of over 17,000 clients and represents huge potential for future growth, both organic and inorganic, in a highly attractive market.

For OC&C, this transaction builds on our leading position in the professional services and accounting space, having previously supported Evelyn Partners, Azets, Accountor and Stannards (amongst others). With our leading professional services expertise globally, we are unmatched in providing strategic and transaction support both on a global and local scale.

We wish Dains, IK Partners and Horizon capital every success in the future.

OC&C AND PRIVATE EQUITY

We’re a leading global strategy consultancy, with deep expertise in private equity, having commercially advised on more than 500 successful transactions over the last 5 years, encompassing sell-side and buy-side roles.

How we can help:

• We provide commercial due diligence and vendor due diligence for transactions.
• We assist investors with accelerating or improving their portfolio companies’ performance.
• We help investors identify potential investment themes or assets to target.
• We can translate your investment thesis into an actionable 3–5-year value creation plan.

For more details on our experience in this space get in touch with our experts, or email [email protected].