Printer Friendly

Merger adds up to $1.2bn.

BAKER Tilly and HLB Kidsons have announced a merger which creates the eighth largest accountancy firm in the UK with annual fees in excess of pounds 150m.

The merger will take effect from 1 April 2002. The new firm will operate under the Baker Tilly brand, with the global arm rebranded as Baker Tilly International to become the 11th largest accountancy network in the world with a US turnover of $1.2bn.

The merger will be particularly important locally, as it will create one of the leading accountancy firms in the region with over 100 staff and ten partners at offices in Liverpool, Chester and Warrington.

Andrew Baker, office managing partner at HLB Kidsons' Liverpool and Chester offices said: "This merger enhances our competitive position in the region by enabling us to provide market-leading services to entrepreneurial owner-managed businesses and smaller quoted companies.

"We now have the resources, expanded skill base and geographical spread to fulfil our corporate vision of becoming the business adviser of choice for ambitious, growing businesses."

Alan Tranter, office managing partner for Baker Tilly, Warrington and Chester says, "We are committed to building our business in the region and combining our expertise to create a strong regional practice which enables us to provide our clients with an enhanced range of services."

Baker Tilly will have over 2000 members of staff, including nearly 300 partners and will be a leading provider of professional services to entrepreneurial businesses.


VISION: Andrew Baker REGIONAL: Alan Tranter
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Business
Publication:Daily Post (Liverpool, England)
Date:Jan 8, 2002
Previous Article:Bid to exploit e-trade.
Next Article:Manweb chief is awarded an MBE.

Related Articles
Samsung Invests $3.1bn in Facilities for 256MB Chips.
Cunard scuttles cruise merger.
Japanese involvement in Betfair puts exchange in the big league with a valuation of pounds 1.5bn.
US firm to spend pounds 2bn on Boeings; 'We'll keep Airbus order'.
Horse Racing: McCalmont new EBF chief; BLOODSTOCK WORLD.
Tourism firms accused of under-performing; In association with Investment Management Poor customer relations blamed as thousands of potential jobs...
Scent of 50% rise in annual City bonuses raises hackles.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters