Mergers Put Toronto's Zeifman & Company Into World's Top Ten



    SCI and Nexia Merge to Create Ninth Largest Accounting Network;
    Jason Price Chartered Accountants to merge into Zeifman & Company

    TORONTO, Sept. 17 /CNW/ - The Boards of Nexia International and SC
International, two leading worldwide networks of independent accountancy, tax
and business advisers have agreed to merge, making the new partnership the
ninth largest provider of audit and advisory services in the world.
    With a combined network of 599 offices, and 23,000 employees world-wide
across 97 countries, the new network will be known as Nexia International,
with combined annual billings in excess of US$2.2 billion.
    Zeifman & Company, LLP, a mid-size independent accounting firm founded in
1959 and located in Toronto, Ontario is a long-time member of SC
International, and will remain as a member of the merged network. In April
2007, The Bottom Line ranked Zeifman & Company, with its affiliates, 13th in
Canada.
    "We are delighted by the news of the pending merger," says Zeifman &
Company Managing Partner, Laurence Zeifman. "It is an excellent opportunity to
expand our international network in several key markets, including certain
parts of the United States, South America and Australia. The merger of these
two networks gives member firms even more extensive resources, skills and
international expertise from which to serve our clients in today's global
marketplace."
    Laurence Zeifman will serve as the Deputy Chair of the newly merged
network's marketing committee.
    Announcement of the international merger coincides with Zeifman &
Company's pending merger with Toronto-based Jason Price Chartered Accountants.
The merged firm will continue to operate as Zeifman & Company, LLP.
    Jason Price said "When I decided that the best thing for our firm and our
clients was to merge into a larger firm, I commenced a consultation process.
From this process it became very clear to me that there was only one
organization that would meet the needs of both our clients and staff and that
was Zeifman & Company. I look forward to working with their very talented
partners to continue to service our clients."
    "Jason Price has built a great firm known for quality and service" said
Laurence Zeifman. "We know he's going to make a fine addition to our firm,
complementing our partnership and bringing our team to nearly 100 firm
members. And now, as part of our newly enhanced international network, our
Firm is uniquely positioned to serve the needs of clients both domestically
and abroad."

    About Zeifman & Company, LLP

    Founded in 1959, Zeifman & Company, LLP is a Toronto-based, mid-sized
accounting firm offering the full spectrum of accountancy services, including
accounting, audit, taxation, corporate recovery, and advisory services.
Zeifman & Company, with its affiliates, was recently ranked by The Bottom Line
as Canada's thirteenth largest CA firm.
    With a staff of nearly 100 people, Zeifman & Company is a member of the
London-based SC International, a worldwide association of independent
accountancy practices in over 50 countries. In December 2007, SC International
is scheduled to merge with Nexia International, creating the ninth largest
network of providers of audit and advisory services in the world.





For further information:

For further information: Danny Roth, Brandon Communications Inc., T.
(416) 850-0614, C. (416) 414-9064, E. droth@brandoncom.ca; Laurence W.
Zeifman, CA, Managing Partner, Zeifman & Company, LLP, T (416) 256-4000
extension 239, E LWZ@zeifman.ca

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ZEIFMAN & COMPANY, LLP

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