Formed in 1992 and merged as part of a £100m deal with
private equity firm, Sovereign Capital. On the same day
Nixon Williams, was also purchased by Sovereign Capital, a specialist UK private equity firm. Since then, Sovereign Capital has now sold its stake in the Group to Alcentra having rebranded Optionis group and it's accountancy firms into Caroola Group in April 2023. == References ==