Geoghegans joins MHA in merger

MHA has introduced a merger with Edinburgh-based accountancy agency Geoghegans. Geoghegans offers a full complement of accountancy providers for purchasers within the capital and throughout Scotland.

MHA is a UK-wide community of impartial accountants and enterprise advisers, with 1,740 workers and companions and 21 workplaces throughout the UK. Because the British wing of the Baker Tilly Worldwide community, the final 12 months have seen MHA bear a interval of main progress – launching workplaces in Scotland and Wales for the primary time. It additionally absolutely integrated MHA Moore and Smalley into its operations earlier within the 12 months.

As MHA seems to be to construct on this momentum, it has confirmed one other merger. Because it seems to be to strengthen its Scottish wing, MHA has welcomed Geoghegans into its community.

An Edinburgh accounting agency, Geoghegans has been servicing purchasers throughout Scotland since 1918. It’s workplace on St Colme Avenue has been rebranded beneath the MHA banner, whereas its 4 companions – Euan Fernie, Iain Binnie, Lachlan Fernie and Paul Marshall – have every change into companions at MHA, with its 64 workers additionally becoming a member of.

Rakesh Shaunak, chair of MHA, mentioned, “This additional enlargement is vastly vital for MHA. We highlighted after the Meston Reid & Co merger that we’d be trying to broaden additional in Scotland and this has been achieved. Geoghegans is a wonderful merger for us because it permits a transfer into the thriving Edinburgh market and additional into Scotland with a agency which aligns effectively with our values and dedication to customer support. We’re retaining all workers within the Edinburgh workplace, whereas increasing alternatives for workers growth and recruitment. We might not rule out additional progress into Scotland.”

That is MHA’s second merger in Scotland, the primary being with Aberdeen accountancy agency Meston Reid & Co in October 2023. The addition of Geoghegans is aimed toward enhancing the providers provided to current purchasers, whereas increasing MHA’s providing throughout the UK according to the agency’s progress technique.

Euan Fernie, a senior companion with Geoghegans, added, “Partnering with MHA – a bigger and impressive agency – means we are able to broaden our providing to purchasers by the huge community of specialists that may change into obtainable. Servicing our valued purchasers effectively has all the time been our high precedence and this ethos is greater than matched by MHA whose rules are vastly aligned.”