Core Viewpoint - MHA, a UK member of Baker Tilly International, has agreed to acquire MS UAE for a total consideration of £7.4 million ($9.8 million) to enhance its international reach and target cross-border growth opportunities [1][4]. Group 1: Acquisition Details - The acquisition of MS UAE includes both Moore Stephens and Moore Stephens Consulting, which are well-established firms providing audit, tax, and advisory services across various sectors [2][5]. - The transaction is expected to be earnings enhancing within the first full financial year post-completion, with MS UAE projected to generate revenue of £6.5 million for the year ending December 31, 2025 [3]. Group 2: Company Background - MS UAE was founded in 1999 and operates from its headquarters in Dubai, with additional offices in Abu Dhabi and other key locations, authorized to deliver services throughout major free zones in the UAE [2]. - The firm is led by managing partner Farad Lakdawala and has a workforce of 95 employees, with three partners expected to continue with MHA after the acquisition [3]. Group 3: Strategic Intent - MHA's CEO, Rakesh Shaunak, emphasized that strategic M&A is crucial for the company's growth aspirations, positioning the acquisition as a step towards building a larger organization and enhancing client service [4][5].

Deloitte Ireland has announced the appointment of Aziz Ahmad and Vikram Kunnath as partners, in a move to bolster its consultative businesses. The appointments come as part of a broader investment in talent, with 18 new partners appointed in the past ten months and further expansion planned. Aziz Ahmad will oversee the Valuations practice within the Advisory business. As a fellow of the Institute of Chartered Accountants of Pakistan, Ahmad brings over 20 years of international experience. His previous ...

Core Insights - HLB has expanded its international network by adding HLB Ethiopia, enhancing its presence in East Africa and supporting organizations in Ethiopia [1][2] - HLB Ethiopia offers a range of services including audit, assurance, tax, and advisory, catering to various sectors [1] - The addition aligns with HLB's strategy to strengthen cooperation with firms in emerging markets and expand its global service reach [2] Company Strategy - HLB Ethiopia's managing partner emphasized the importance of local transformation alongside global reach, focusing on delivering impactful services in Ethiopia's evolving economy [2] - HLB International's chief growth officer highlighted Ethiopia's economic momentum, characterized by a large young workforce and its strategic position as a gateway to regional and global markets [3] - Establishing a local presence through HLB Ethiopia enables HLB to provide essential support for businesses to navigate risks and achieve sustainable growth [3] Network Overview - HLB International operates in 155 countries with a workforce of 51,948 professionals, indicating a robust global presence [3] - The network's name signifies its international scope and the distinct legal entities of its member firms [4]

Core Insights - Grant Thornton Advisors is expanding its multinational platform by incorporating Grant Thornton New Zealand, enhancing its presence in the Asia Pacific region [1][4] - The expansion now covers 20 time zones, increasing the group's service capabilities for clients with global operations [1] - Grant Thornton New Zealand contributes over $40 million in annual revenue and adds more than 300 professionals to the platform [1][2] Company Expertise and Integration - The New Zealand team specializes in audit, tax, and advisory services, and has a strong market presence in the region [2] - The multinational platform was launched earlier this year, supported by an investor group led by New Mountain Capital, and integrates over a dozen firms from various regions [2][3] - Current members include firms from the US, Ireland, France, UAE, and others, with additional transactions expected to close soon [3] Leadership Statements - CEO Jim Peko emphasized the need for seamless service and consistent quality across different locations, highlighting the strategic importance of Grant Thornton New Zealand's inclusion [4] - Russell Moore, CEO of Grant Thornton New Zealand, expressed excitement about the partnership, noting the demand for smarter solutions and global connectivity in an evolving market [4] Network and Future Plans - The expanded platform will remain part of Grant Thornton International Limited, which includes member firms in over 150 markets globally [5] - The transaction for Grant Thornton New Zealand to join the platform is anticipated to close before the end of 2025 [4]