Morley and Scott name to disappear as firm merges with Menzies, creating a £32m business
and Morley and Scott have merged to create a £32m firm by fee revenues.
To be known as Menzies, the south east firm will continue with its focus on
SME services including specialist accountancy and tax advice.
They are ranked 24 and 63 respectively in Accountancy Age’s Top
50+50 surveys, with fees of £26.2m and £9m.
Morley and Scott’s managing partner Dick Watson joins Menzies’ management
committee while Menzies senior partner Mike Sands continues in his role.
“We intend to create a firm that is big enough to give business owners the
specialist accounting, audit and tax advice they need, whilst still delivering
the strong partner-led relationship that they expect from their local
accountant,” said Sands.
Watson said: “Whilst we have always guarded our independence carefully, we
welcome the opportunity of merging with Menzies, a firm which shares the same
ambition, culture, values and approach to client service as Morley and Scott.
“We believe that the enlarged firm, with the capability to expand the
specialist services we offer, is an important strategic move for our clients,
staff and partners.”