These are interesting times for Saffery Champness. The international network
of Smith & Williamson, Nexia, has merged with Saffery’s global network, SC
International, to create an international alliance with a combined turnover of
upwards of £1bn.
The network, which will be known as Nexia International, will be the ninth
largest global provider of audit and accounting services in the world once the
deal completes in December 2007.
The merger of the networks will not, however, see the two UK firms pursue a
So, for now at least, the 57-partner firm is planning its future alone. And
with fee growth of 13% in the year to March 2007, the firm (placed 16th in the
Accoutnancy Age Top 50 with revenues of £44.7m) appears to have little to worry
Andrew Howson joins the firm from EY, bringing experience in advising private equity and corporate clients across multiple sectors in the UK and Europe
Dennis Layton takes up the position on April 1 and will contribute to the firm’s goal of becoming the leading global professional services organisation by 2020
Richard Cartwright becomes the new head, taking over from incumbent head of office David Lemon
Brian Burke, business development director, has moved within the firm to 'develop Quantuma’s networks with Sussex professional firms'