The international network of Smith & Williamson, Nexia, has merged with
the world network of Saffery Champness, SC International, to create an
international alliance with a combined turnover of $2.2bn (£1.1bn).
The new network will be known as Nexia International.
The network will be the ninth largest global provider of audit and accounting
services in the world. The tie-up is expected to be completed by 1 December this
‘SC International is a strong fit for Nexia International and, like us, has a
reputation and culture for outstanding client service and for providing
high-quality advice and guidance,’ said Gareth Pearce the chairman of Nexia
International and head of Smith & Williamson in the UK.
Pearce said the addition of the SC network to Nexia would strengthen the
organisation’s presence in New York, thanks to the addition of J.H. Cohn, the
city’s largest independent firm. The tie-up will also boost capacity in mainland
Europe, South Africa, Mexico and Canada.
The merger of the networks will not however see the two UK firms pursue a
tie-up. ‘There have been no discussions and there are no plans to merge S&W
and Saffery Champness,’ said Jeremy Boadle, a director at S&W.
Stephen Mills joins the Manchester office from IBM, where he spent 12 years as an associate partner in the data, analytics and cognitive consulting group
Rupert Guppy will be responsible for capital allowances in the southern region, and joins the firm from specialist consultancy E3 Consulting
Richard Lewis has been appointed to the firm's restructuring and recovery services team
As KPMG celebrates its annual inclusion week, Anna Purchas, head of learning at KPMG in the UK, discusses why investing in talent is a priority for the firm