SRED Automation joins firm today
TORONTO, July 5, 2013 /CNW/ - EY officially welcomed boutique firm SRED
Automation into its family today, broadening the firm's entrepreneurial
and western Canada footprints while simultaneously creating one of
Canada's largest dedicated Scientific Research & Experimental
Development (SR&ED) practices.
Bringing together EY's bold brand and global reach with SRED
Automation's entrepreneurial spirit and reputation with private
middle-market companies will raise the bar for exceptional client
service delivery — enabling EY to deepen its focus on delivering the
unique, holistic services that help private companies reach their
"From start-ups to high-growth entrepreneurs, from family businesses to
private mid-market companies, one thing is clear: EY is breaking new
ground across this space," says Trent Henry, EY Chairman and CEO.
"Today's deal empowers us to continue zeroing in on our clients'
evolving needs, and support them on their respective journeys."
This transaction is EY's fourth in the last two years, including deals
with Hergott Duval Stack LLP, which saw EY establish a new office in
Saskatoon last year. In 2011, EY closed deals with RSM Richter (in
Toronto and Calgary) and OME Group Consultants (in Toronto, Montreal
"Above all, we believe in the power of entrepreneurs," explained Evan
Shoforost, EY Saskatoon Managing Partner. "This move grows the many
ways in which we'll work with business owners on the SR&ED claim
preparation and advisory services that allow them to do what they do
best: drive growth, jobs and the economic future of this country."
That core philosophy is the foundation of this deal with SRED
Automation, which shares EY's values and excitement around
entrepreneurs and the middle market.
"We're very proud to be joining EY's practice of nearly 100 dedicated
SR&ED professionals as we continue to help businesses access the
specialized tax services that can fuel their growth over the long
term," says new EY partner Jeff Pickett. "This is a very exciting time
for us and for our clients, who'll continue to benefit from our special brand of
service while also gaining access to EY's expansive Global network and
EY is a global leader in assurance, tax, transaction and advisory
services. The insights and quality services we deliver help build trust
and confidence in the capital markets and in economies the world over.
We develop outstanding leaders who team to deliver on our promises to
all of our stakeholders. In so doing, we play a critical role in
building a better working world for our people, for our clients and for
For more information, please visit ey.com/ca. Follow us on Twitter @EYCanada.
EY refers to the global organization and may refer to one or more of the
member firms of Ernst & Young Global Limited, each of which is a
separate legal entity. Ernst & Young Global Limited, a UK company
limited by guarantee, does not provide services to clients.
About SRED Automation
SRED Automation is a professional services firm specializing in the
Scientific Research and Experimental Development (SR&ED) program. We
work with Canadian corporations to help them maximize their SR&ED
The SR&ED program encourages Canadian businesses to conduct research and
development (R&D) in Canada that will lead to new or improved products
or processes. Claimants can apply for SR&ED investment tax credits to
recover a substantial portion of the expenses related to their
innovation. These expenses include wages, materials, contracts,
equipment and overhead.
SOURCE: EY (Ernst & Young)
For further information:
For more information or to reach a spokesperson, please contact:
604 648 3607
416 943 7121