Thu, 11 Jan 2024 | MERGER
UK accounting firms MHA and MHA Moore & Smalley have announced that they intend to formally merge from April 1 2024. MHA Moore and Smalley has been part of the MHA network since its inception more than a decade ago and the firms are now set to merge to form a nationwide audit, tax and advisory practice.
The deal is expected to enhance the ability of both companies to provide a wide range of services to clients across the UK. It will create a practice spread across 21 offices and serving approximately 1,600 partners. The merger continues a busy period for MHA, which opened its first offices in Scotland and Wales during 2023.
MHA Managing Partner and Chairman Rakesh Shaunak commented: "All our clients will be able to access additional new resources with deep expertise across a range of sectors and services. With our strong shared cultures, the merger will also bring new development opportunities for the staff, as well as providing attractive career opportunities for potential recruits."
MHA Moore and Smalley Managing Partner Graham Gordon added: "We have been part of the MHA network since its inception in 2010 and adopted MHA into our name in 2017 as we began working even more closely with our MHA partners.”
"This merger is the next strategic move for us and a significant moment for both firms. It will create an exciting new proposition for our clients and is also a great opportunity for our people to be part of a new firm with serious growth ambitions, in turn helping us to recruit even more impressive talent in the coming years."
Read about UK accounting firms are using M&A activity to expand their service offerings and add new technologies in order to meet the growing expectations of clients and attract new business
An established Independent Financial Adviser (IFA) firm in the North-West with £100 million Funds Under Management presents a unique acquisition opportunity.
An opportunity has arisen to acquire a prominent Scotland-based hub with an impressive £500 million of funds under management.
Opportunity to acquire a respected financial adviser in London with a significant £90m funds under management portfolio, providing a solid foothold in the high-net-worth sector.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.