Scottish firms to merge
Two long-established Scottish accountancy firms are to merge next month in a bid to boost their competitiveness.
Link: ICAS warns of Scottish bankruptcy confusion
EQ chartered accountants will be formed from the alliance of Reeves & Neylan and JLM from 6 September.
The firms claim it will make them ‘one of the biggest and most comprehensive accountancy and business development practices in the east of Scotland’ with over 60 staff and eight partners in three offices in Dundee, Perth and Forfar.
The merger will result in the closure of some offices, with the firms currently having duplicate premises in Dundee and Forfar.
‘Working together simply makes sense,’ said EQ managing partner David Cameron. ‘We have particular complementary strengths and abilities, which mean that EQ will be greater than the sum of its parts.’