10/07/2008 - Participant News - FGS Ireland announces merger
Leading financial advisory firm FGS, which is a member firm of Praxity and Chartered Accountants, Moore Stephens Caplin Meehan (MSCM) have today announced that they have merged to create one of the largest all island financial advisory firms with offices in Dublin, Belfast and Longford.
The merger of these practices confirms FGS as the largest indigenous accountancy practice in Ireland with nearly 300 staff and 30 partners, and consolidates its position as the seventh largest practice in the country. The merger creates a firm with annual revenues in excess of €30m. Julian Caplin of MSCM said: “We are delighted with the completion of this merger. The merged business will offer our clients the combined expertise of both firms and an enhanced range of services. Both practices are committed to strong growth strategies, and the merged business will be positioned to compete for new business on a bigger scale for Tax, Audit and Assurance work in the Public and Private sectors as well as for international business. There is a great fit with the expertise in both firms”.
Ian Duffy, Managing Partner of FGS said: “This merger is another positive step forward in our strategy to be one of the best providers of financial, strategic and tax advisory services in Ireland. MSCM’s excellent team of skilled and experienced professionals will enhance the existing offerings of FGS while increasing our combined breadth and depth of knowledge. Our new enlarged practice enables us to compete for more business in the family owned, corporate and larger companies sector as well as leveraging our niche services such as PPP, management consultancy and insolvency, where we already have strong market positions”.
