PracticeAccounting FirmsScots firm bags Kidsons’ Aberdeen office

Scots firm bags Kidsons' Aberdeen office

Johnston Carmichael, one of Scotland's largest independent firms, has agreed terms to buy the Aberdeen office of HLB Kidsons.

The acquisition comes after Kidsons agreed to merge with Baker Tilly last month forming the eighth largest firm in the country with fee income of around £150m.

Johnston Carmichael, the firm of former ICAS president Grenville Johnston, will grow to 21 partners and a staff of 217 as a result of the deal.

Patrick Machray, Johnston Carmichael chief executive, said: ‘The acquisitionof HLB Kidsons’ Aberdeen practice is an important leap forward in our growthstrategy, and will substantially increase our presence in the North east.

‘We are gaining an excellent client portfolio and talented people. As well ascomplementing our niche in the fishing sector and adding to our corporatecapability, we are also increasing our expertise in specialist tax andcorporate recovery to expand the range of services on offer.’

The Johnston deal with Kidsons had been underway before the firm decided to merge with Baker Tilly but was put on hold until final arrangement had been made.P>The merger, which takes effect from 1 April, will see Kidsons shed its old name and take on the Baker Tilly brand.

Related Articles

Where is your next client coming from?

Accounting Firms Where is your next client coming from?

24h James Noble, Propero Partners
Specialist VAT service provider joins MHA

Accounting Firms Specialist VAT service provider joins MHA

1d Austin Clark, Reporter
Grant Thornton expands financial services regulatory team

Accounting Firms Grant Thornton expands financial services regulatory team

1w Austin Clark, Reporter
Top 50+50: Revenue rises spark rankings shake-up

Accounting Firms Top 50+50: Revenue rises spark rankings shake-up

2w Emma Smith, Managing Editor
BDO strengthens Bristol team with new audit partner

Accounting Firms BDO strengthens Bristol team with new audit partner

2w Austin Clark, Reporter
FRC closes investigation into PwC over Barclays compliance

Accounting Firms FRC closes investigation into PwC over Barclays compliance

2w Alia Shoaib, Reporter
Top 50+50: Firms fall short on diversity

Accounting Firms Top 50+50: Firms fall short on diversity

2w Alia Shoaib, Reporter
Top 50+50: Big Four hold steady, shake-up outside Top 20

Accounting Firms Top 50+50: Big Four hold steady, shake-up outside Top 20

2w Emma Smith, Managing Editor