Tees advises Price Bailey on acquisition of Oliver Clive & Co

Tees is pleased to have advised Price Bailey LLP (Price Bailey) on its acquisition of Oliver Clive & Co Limited (Oliver Clive & Co).

Established in 1938, Price Bailey is an award-winning accountancy and business advisory firm, providing expert financial, tax, and strategic support to individuals and companies across a range of industries. Tees has a longstanding professional relationship with Price Bailey and its management team.

Founded by Steven Davidson and operating from its London office, Oliver Clive & Co demonstrates expertise across various industry sectors and boasts a distinctive client network. Steven Davidson will join the Price Bailey partnership as part of the transaction.

Martin Clapson, Managing Partner at Price Bailey, commented: “I am thrilled to welcome Oliver Clive & Co to the Price Bailey team. As we continue to expand and strengthen our presence and expertise, the valuable experience and client relationships, cultivated by Oliver Clive & Co, will be invaluable. Together, I have no doubt, we share a bright future.”

Lucy Folley (Partner), with assistance from Charlie Neal (Solicitor), negotiated the terms of the purchase agreement and guided Price Bailey’s management team through the legal aspects of the transaction. Anjalie Bala (Associate) advised Price Bailey on the commercial property aspects.

Lucy Folley, Partner and Head of Corporate & Commercial at Tees, said: “Having worked with the team at Price Bailey for many years, we are delighted to have been able to support them with this strategic acquisition. Partnering with Oliver Clive & Co represents a further step forward in Price Bailey’s growth plans following its acquisition of Peterborough-based Stephenson Smart in late-2023 and undoubtedly strengthens Price Bailey’s service offerings to its clients. We wish the Price Bailey team the very best in this next chapter.”