Mazars merges with the business of MRI Moores Rowland resulting in a significant increase to Mazars’ presence in the UK accountancy market.
Mazars, the international accountancy and advisory firm, today announces its merger with the business of MRI Moores Rowland LLP. The transaction will involve the integration of the whole business including 8 partners and 67 staff.
Moores Rowland has a strong track record in providing accountancy and consultancy services for AIM listed companies and high-growth owner-managed businesses. The transaction is expected to be completed on 16 April 2007, with the enlarged team in London being fully integrated under one roof in new premises this autumn.
With the addition of Moores Rowland’s business, Mazars turnover is expected to increase to over £90m on an annualised basis. The number of UK partners will increase to over 100 and staff headcount is expected to reach 1,200 by the end of the year.
David Evans, Senior Partner of Mazars UK and a member of Mazars’ international Group Executive Board, said of the announcement: “Moores Rowland is one of the finest accountancy practices of its size in the UK. Its reputation as an adviser to owner-managed businesses and firms entering the capital markets is very strong. The integration of the business into Mazars is a significant step forward in our growth strategy.”
He added: “Moores Rowland’s notable presence in the media sector will add to Mazars’ existing expertise in publishing, and complement our strength in other industries such as insurance, banking and retail.”
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