

Mazuma, co-founded by the dynamic CEO Lucy Cohen, is the UK’s largest female-founded accountancy practice and far from typical. With a tech-enabled subscription model, a client base of circa 4,000 microbusinesses, Mazuma is reimagining what modern accountancy looks like.
But with growth opportunities emerging through acquisition, systems optimisation, and global team expansion, Lucy knew that scaling meant more than just moving fast. It meant staying true to their values. She needed a partner who could support that journey both the vision and the execution.
While many accountancy firms follow traditional acquisition routes, Mazuma had a different strategy. They weren’t simply buying firms; they were building an infrastructure fit for the future. One where advanced technology and expert human support work hand-in-hand to serve a market often overlooked by the larger players: microbusinesses.
“We love technology and we’re building it every day,” says Lucy. “But we still need good humans in the loop. R.E.P.R.E.S.E.N.T helps us find those humans and the firms that need a new kind of home.”
Mazuma also needed a partner who understood that growth isn’t just about headcount or turnover. It’s about cultural alignment, values-based leadership, and creating deals that genuinely work for both buyer and seller.
In close collaboration, Mazuma and R.E.P.R.E.S.E.N.T developed an acquisition strategy built on purpose, not spreadsheets. This wasn’t about applying a cookie-cutter model. It was about finding the right firms, creating tailored pathways, and integrating people and systems with care and intention.
“These aren’t your typical acquisitions,” Lucy explains. “Each one is tailored. R.E.P.R.E.S.E.N.T gets that. They’ve supported us in building a healthy pipeline and putting the right structures in place to integrate firms properly.”
Rather than falling back on rigid deal templates or broker-led terms, R.E.P.R.E.S.E.N.T has worked alongside Mazuma to create flexible, respectful deal models, ones that unlock value over time, avoid punitive clawbacks, and preserve the dignity of exiting founders.
Together, Mazuma and R.E.P.R.E.S.E.N.T have driven tangible outcomes:
But the numbers only tell part of the story.
“We’re not trying to hoover up firms and strip them down,” says Lucy. “We want to give owners a good exit and give their clients a good home. R.E.P.R.E.S.E.N.T understands that and supports us to make it happen.”
For Lucy, what sets R.E.P.R.E.S.E.N.T apart isn’t just the strategic guidance, it’s the way they show up.
“Every deal has friction points. These are emotional, complex transactions. But R.E.P.R.E.S.E.N.T approaches them with empathy, with clarity, and with a deep understanding of what’s really at stake. That’s rare.”
They also provide grounded advice guiding firms on how to become acquisition-ready, whether they’re looking to sell now or further down the line.
“A lot of firms are overstaffed, undercharging, and spending on tech they don’t use. That’s the reality. R.E.P.R.E.S.E.N.T helps them face that, sort it, and create real value whether they sell now or later.”
Her message to other founders?
“Treat it like selling a house. Don’t paint it bright pink just because you like pink, build something someone else would want to buy. If you’re ready, don’t wait.”
The Mazuma x R.E.P.R.E.S.E.N.T partnership proves that scaling with purpose is not only possible, it’s powerful. With the right people, the right plan, and the right partner, you don’t have to choose between growth and integrity.
“We’re scaling. We’re acquiring. We’re growing the team,” says Lucy. “R.E.P.R.E.S.E.N.T are helping us do it with the right people, in the right way, for the right reasons.”
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