Gresham Private Equity’s James Grant Group has acquired the entertainment element of Michael Kay & Company, the Birmingham-based specialist accountancy practice, for an undisclosed sum.
The acquisition was by OJK Limited, which is one of the divisions of James Grant Group. OJK is a professional services business with clients in the entertainment, music and sports sectors. Clients include Bryan Adams, Davina McCall and Sir Bob Geldof.
The deal will see Mike Kay, the lead partner at Michael Kay, working with OJK for a minimum period of 12 months.
The Michael Kay deal is the second James Grant Group has completed since Gresham bought the company in a £20.7m (€22.9m) deal in August last year.