PracticeConsultingMerger creates new mid-tier player

Merger creates new mid-tier player

Top 50 firms Hays Allan and MacIntyre & Co have announced plans to merge the two businesses.

The new firm, to be called Hays MacIntyre, will have 28 partners, about 175 staff and a combined fee income of £12.6m, making them the 25th biggest firm in the UK.

MacIntyre was a member of MacIntyre Strater International, though there was confusion as to whether the new firm would remain with the international group.

The existing senior partners, Noble Hanlon of MacIntyre and Alastair McDonald of Hays Allan, will become joint senior partners in the new firm and it is likely that the new firm will be located in Hays Allan’s offices in High Holburn.

MacIntyre specialises in the SME, schools, charities and high net worth individuals sectors, with Hays Allan operating in similar markets, particularly the not-for-profit sector.

Hays Allan senior partner Alastair McDonald said: ‘This merger will enable us to offer all our clients an increased range of services from a single centre of expertise.’

Noble Hanlon of MacIntyre said: ‘The firms are similar in size, with complementary specialist markets.’

Hanlon added: ‘In the present market there is a need to be larger to be able to provide the depth of service required by our clients.’

Hanlon believed the new firm would remain focused on the London market with no plans to expand in other locations in the foreseeable future.

Links

Hays Allan

MacIntyre & Co

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