Mazars and MRI Moores Rowland secure tie-up that will create a £90m firm
Mazars has merged with MRI Moores Rowland in a deal that will create a £90m
and 100-partner firm. The deal will push Mazars onto the brink of
the top ten
biggest firms in the UK.
The transaction is expected to be completed on 16 April 2007, with the
enlarged team in London being fully integrated under one roof in new premises
‘Moores Rowland is one of the finest accountancy practices of its size in the
UK,’ said David Evans, senior partner of Mazars. ‘Its reputation as an adviser
to owner-managed businesses and firms entering the capital markets is very
strong. The integration of the business into Mazars is a significant step
forward in our growth strategy.’
Moores Rowland senior partner Fiona Hotston Moore will stay as part of the
deal and will take a place on the
Mazars UK board.
‘Initially, many clients will notice no difference other than a name change,
but over time they will benefit from the increased range of services,
specialisms and international reach that we will be able to provide,’ said
Coinciding with the UK announcement, in Germany Mazars and RSM Hemmelrath
have also announced the merger of their teams today. Once fully combined, there
will be 400 staff with an expected turnover of €50m (£33.9m) in 2007.
Separately, RSM International
has boosted its European presence with the admission of Gassó Auditores.
With its integration into the RSM network, the firm will be known as RSM