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

British Accountancy Awards 2018 – entries open!

Accounting Firms British Accountancy Awards 2018 – entries open!

2w Emma Smith, Managing Editor
Is the accountancy sector facing an international talent crisis?

Accounting Firms Is the accountancy sector facing an international talent crisis?

2w Lewis Silkin
RSM appoints new Chief Operating Officer

Accounting Firms RSM appoints new Chief Operating Officer

2w Alia Shoaib, Reporter
RSM announces 11 partner promotions

Accounting Firms RSM announces 11 partner promotions

3w Emma Smith, Managing Editor
BDO hires former AstraZeneca creative director as head of digital and innovation

Accounting Firms BDO hires former AstraZeneca creative director as head of digital and innovation

1m Emma Smith, Managing Editor
What does the future hold for listed accountancy firms?

Accounting Firms What does the future hold for listed accountancy firms?

1m Fergus Payne, Lewis Silkin
EY, Deloitte lead Big Four in gender pay gap reporting

Accounting Firms EY, Deloitte lead Big Four in gender pay gap reporting

2m Emma Smith, Managing Editor
Mind the gap: what accountancy firms should be doing ahead of the new gender pay gap reporting rules

Accounting Firms Mind the gap: what accountancy firms should be doing ahead of the new gender pay gap reporting rules

2m Karen Baxter, Lewis Silkin