London-based firm and MNP Join Forces to Benefit Marketplace
CALGARY, Jan. 2, 2018 /CNW/ - MNP, Canada's fifth largest national accounting and business consulting firm, is pleased to announce that it will merge with a London-based accounting firm, effective January 2, 2018. The London-based firm, with offices in London, Stratford, Strathroy, Arkona and Clinton, is excited to join a like-minded firm that complements its current service offerings and has the same commitment to delivering personalized solutions to clients, while MNP is excited to build on its growing presence in Southwestern Ontario.
The additional five locations will form a new MNP region, known as Southwestern Ontario, to be led by Doug Greenhow, new MNP Regional Managing Partner. The new region will enhance the services MNP offers to clients across the area, building on the firm's existing presence in Waterloo, Cambridge, Burlington and St. Catharines. The Waterloo, Cambridge, Burlington and St. Catharines offices will form MNP's newly-created 'South Central Ontario' region, which will continue to be led by current MNP Regional Managing Partner, Bill Sloper.
"MNP has a large national presence and access to hundreds of experts and specialists with global expertise and experience coast to coast, as well access to a global network of independent accounting firms through it's alliance with Praxity. But it's also continued to maintain its culture and relationship-based approach to doing business," said Greenhow. "In joining MNP our clients get the best of both worlds — a firm that offers leading mid-market expertise nationally and globally but from a Canadian, local perspective. We were also attracted by MNP's reputation as an entrepreneurial-driven 'family' where each region and each office has a vested interest in supporting each other's success. That sense of being part of a true national firm, one team, appealed greatly to us."
Founded in 1958, MNP has grown to over 60 locations across Canada and delivers diverse services and specialized expertise in every sector and area of business. Not only is MNP the largest of the mid-market focused firms in Canada, it has continued to maintain its Canadian roots; focusing on helping Canadian businesses at home and abroad.
Jeremy Cole, Executive Vice President, Ontario, Quebec and Atlantic Canada, MNP, said he was particularly pleased with this merger as it represents further growth for the firm as it creates a new region and expands its presence across Eastern Canada.
"Our firm first entered the Ontario market in the summer of 2008 and since that time we've already added 12 more locations, while continuing to look for like-minded firms to build on our strategic plans for growth in Eastern Canada," said Cole.
"The strength of the manufacturing sector, rich agricultural lands, and the proximity to the U.S. border has made southwestern Ontario a vitally important economic region. We are excited to be expanding into the London area and beyond as we build on the strong presence that our MNP teams have already developed servicing diverse clients in Waterloo, Cambridge and further east towards Burlington, St. Catharines and the Niagara Region. We are looking forward to helping more businesses in the region reach their full potential."
The London-based firm bolsters MNP's ranks with a dedicated team of 76 professionals, including 11 partners, operating from five locations and delivering a diverse range of services and solutions to a wide variety of sectors (including family-owned businesses, healthcare professionals and those in the farming and agriculture industry).
In addition to tax and accounting expertise, MNP delivers a diverse range of advisory services, including consulting, enterprise risk, corporate finance, valuation and litigation support, succession planning, insolvency and restructuring, investigative and forensic accounting, technology solutions and cyber security, cross-border taxation, and much more.
"As part of MNP, our clients will benefit from access to hundreds of MNP professionals and specialists across more than 60 Canadian locations coast to coast, as well as more than 40,000 professionals in over 100 countries globally through its Praxity alliance," added Greenhow.
MNP credits its strategic mergers and acquisitions, organic growth, value-added services, and values-led culture for catapulting the firm to the highest year-over-year growth rates of any of Canada's top accounting firms.
"To maintain our culture, we have been very strategic about who we invite to join our family," said Cole. "Both our firms' cultures and values are well aligned and we share the same entrepreneurial approach to doing business. It's truly a win-win for both our firms and the marketplace. We are thrilled to have found the perfect firm to join forces with, one that puts clients first."
About MNP LLP
MNP is one of the largest national accounting and consulting firms in Canada, providing client-focused accounting, taxation and consulting advice. National in scope and local in focus, MNP has proudly served individuals and public and private companies for 60 years. Through the development of strong relationships, MNP provides personalized strategies and a local perspective to help them succeed. For more information, visit www.mnp.ca.
SOURCE MNP LLP
For further information: Jeremy Cole, CPA, CA, CBV, Executive Vice President, Ontario, Quebec & Atlantic, MNP, at 416.596.1711 or [email protected]; Doug Greenhow, CPA, CA, CFP, Regional Managing Partner, Southwestern Ontario, at 519.679.8550 or [email protected]