MBO sees Leeds office of accountancy firm Montpelier operate as Buckle Barton

Following a management buy-out (MBO), the Leeds office of accountancy firm Montpelier is again operating as Buckle Barton.

Directors Ian Meek, Mark Dalton and George Goodman completed the MBO, purchasing the business from the Montpelier Group.

The trio will form the new executive board, along with Duncan Marshall who has been promoted to tax director, and together they will lead the firm’s 33-strong team based in Horsforth.

Other key members of the Montpelier Leeds board that have also been retained include former Montpelier CEO Phil Nuttall, who will continue to look after his own client portfolio, whilst serving as non-executive chairman. Steve Willey will also remain as a consultant.

Set up as Buckle Barton in 1951, the business was acquired by the Montpelier Group in 2008 and then operated under the Montpelier banner.

The new owners have decided to revert back to the firm’s original name following the MBO in recognition of its heritage.

Ian Meek said: “The other executive board members and I all trained and qualified with Buckle Barton.

“We have worked at the firm in its different forms for 70 years combined, so we know our clients well, which will enable us to tailor our services directly for their benefit.”

“Our new ownership plan is simple: To provide best-in-class accountancy services for our clients, whilst growing the firm to become one of the leading independent practices in the region.”

“We exit the group in good health. We have a strong team and a first class infrastructure, which gives us a sound platform for growth.

“We are fortunate to have worked with some of the region’s most successful entrepreneurs over the years and we are determined to continue to do so.”

Andrew Francey of Watson Burton LLP advised the MBO team.

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