MacIntyre Hudson heads to the Caymans to boost investment market strategy

MacIntyre Hudson heads to the Caymans to boost investment market strategy

Top 20 firm acquires Caymans Islands-based outfit, as it boosts exposure into investment market providers

A FIRST OVERSEAS OFFICE has been acquired by top 20 firm MHA MacIntyre Hudson.

In a deal described as “very significant” by chairman Rakesh Shaunak, specialist audit provider KP Audit has taken MHA MacIntyre Hudson’s office number up to 15.

KP Audit was founded in 2005 and has 20 professional staff in the Cayman Islands and London. Its clients consists of approximately 150 investment funds both offshore, and onshore in the UK

The London team will relocate to MHA MacIntyre Hudson’s city office, while the Caymans office will be maintained. KP Audit managing partner Deb Weston (pictured) and David Walker become partners of the top 20 firm as part of the deal.

“I’m delighted to welcome our new colleagues and clients to the firm,” said Shaunak. “This acquisition provides an immediate and material entry into a part of the investment market that is key to delivering the firm’s strategic plan.”

Weston said that the deal provided a “good cultural fit”, “and our clients will benefit enormously from the range of services and reach available to them through MHA MacIntyre Hudson and Baker Tilly International”.

It has been a busy year for MacIntyre Hudson, which started 2016 by announcing a deal with cyber security business Rizikon, and has since made a slew of partner appointments. It is shortlisted in two categories for this year’s British Accountancy Awards.

Share

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

3m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

4m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

4m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article