Mazars UK and Chadwick to merge in Manchester and Liverpool
The UK Manchester office of international accountancy firm Mazars today announces its intention to merge with Chadwick LLP, a well-established and successful regional accountancy practice with offices in Manchester and Liverpool. Following the merger, the business will operate from an enlarged Manchester office and the existing Liverpool location.
Chadwick has a strong track record advising entrepreneurial businesses and providing their owners with a wide range of services. In 2007, 2008 and again in 2009 it is the only practice from the North of England to be shortlisted as Medium-sized Firm of the Year at the Accountancy Age Awards.
With the addition of Chadwick, Mazars’ presence in the region will increase significantly - partner numbers will expand from four to nine and the overall staff headcount will increase to approximately 100. The combined annual turnover is expected to exceed £7 million.
Tim Hudson, Senior Partner at Mazars’ Manchester office, said: "Chadwick is one of the foremost firms of its size in the region. Its reputation as an adviser to owner-managed businesses and high net worth individuals is very strong and its client portfolio boasts a number of AIM listed and international businesses.
"These strengths – as well as the firm’s capabilities in specialist practice areas such as Further Education colleges and leasing – will complement and deepen Mazars’ offering in the North West.
"This is a significant step forward in our regional and national growth strategy and it will add to Mazars’ existing expertise in helping businesses across international boundaries and seeking access to public markets and funding."
Pam Dawes, Managing Partner of Chadwick, said: "This is great news for our clients, partners and staff. Mazars and Chadwick are both focused on growth and committed to delivering the highest quality, partner-led services. We believe the combination of these two distinctive practices which have a similar ethos gives us the opportunity to build something very strong together.
"Initially many clients will notice no difference other than a name change, but over time they will benefit from the increased range of specialist services and international reach that we will be able to provide."
Alongside Pam Dawes, four other Chadwick partners - Mike Hodges ( tax ), Kevin Simmons, (transaction support and corporate finance services), Richard Burrows and Dave Nicholls (both Liverpool entrepreneurial services) - will be part of the new offering.
Michael Brabner and Chris Pavlou of Brabners Chaffe Street acted for Chadwick in the deal.
Tim Hudson concluded: "This will reinforce our already growing presence in the North, allowing us to provide an enhanced range of services to our clients and will create new opportunities for our highly talented teams."