LONDON, June 19, 2025 &ndash ;Proskauer, a leading international law firm, today announced it has advised Synova - the innovative growth and private equity investor, which currently manages more than £1.7bn of capital in the UK, Ireland and Continental Europe on its strategic minority investment in the accountancy firm Bishop Fleming.
Bishop Fleming is an award-winning, UK accountancy firm delivering expert audit, accountancy, tax and advisory services to SMEs, owner-managed businesses, public sector organizations, charities, schools, and private individuals.
The UK accountancy market remains highly fragmented and Bishop Fleming’s technology platform and cultural differentiation place it in a unique position to consolidate the regional UK market. Synova will support Bishop Fleming’s vision to become one of the leading national firms in the UK through strategic acquisitions; targeting geographic reach and service specialism.
The transaction remains subject to regulatory approval.
The Proskauer team was led by partnerAndrew Wingfieldand included associatesCathy Bellhouse,Eleanor Craven,Dylan Carty, andCharlie Thompson(M&A). The team also included partnerRichard Millerand associateEmma McDonnell(Tax) as well asBarry Newmanand associateAntonia George(Finance) and special counselNicola Bartholomew(International Labor & Employment).
Proskauer’s market-leading private equity team advises top-tier sponsors on complex deals across sectors - especially in people-driven and regulated industries like financial services, consulting, human capital, professional services, and employee-owned or founder-led businesses. We deliver industry-leading work where regulation, reputation, and talent retention are key. From platform acquisitions to exits, we guide clients through the full investment lifecycle. With deep sector insight and cross-border execution strength, we get deals done - fast, precisely and with impact.