Accountancy firm Cooper Parry (CP) has acquired URM Consulting Services (URM), the cyber and information security specialists, as it looks to create a next-gen professional service group.
This marks CP’s 17th acquisition since early 2023 – and the fifth since partnering with New York-based private equity firm Lee Equity Partners just five months ago. The deal pushes CP’s pro forma turnover beyond £240m, as the firm moves towards £600m by 2028 and £1bn by 2030.
Founded 20 years ago, URM now anchors the cyber and information security offering at the core of CP’s digital consulting business.
Lisa Dargan, CEO, URM Consulting Services, said: “I’m thrilled to be joining forces with such an ambitious firm as Cooper Parry, which through its bold vision is transforming the professional services arena. For 20 years, URM has built an outstanding reputation for providing high quality, tailored consultancy and training services.
“We now have the unique chance to lead the next generation of end-to-end assurance providers. Acting as the cyber security cornerstone within the CP group, we’ll be able to offer existing and future clients truly integrated assurance services across all areas of business risk and further strengthen and develop our service offering.”
Ade Cheatham, CEO, Cooper Parry, added: “URM is a class act. Lisa and her brilliant team have built something special – with original thinking, deep relationships, and real talent. Their agility in a fast-moving space sets them apart. With Digital consulting already a £20m+ business within CP, this deal adds even more firepower, depth, and client value to the group.”
