MNP LLP, one of Canada’s largest national accounting and business consulting firms, announced today that Brockville-based firm, McDonald Thorne and Associates (MTA) will merge with MNP, effective July 1, 2017. While MTA was looking to deliver more specialty services to clients, MNP was looking to add resources and expand its presence in the Brockville area with a well-respected and client-focused firm that shares the same values.
“Long a manufacturing base for eastern Ontario, Brockville is successfully adapting to disruption and new economic realities by refocusing on other industries. This proactive approach and willingness to embrace change is what makes Brockville one of Canada’s fastest-growing economic hubs,” said Mike Dimitriou, Regional Managing Partner, Ottawa Region, MNP LLP. “As the Brockville business community continues to evolve, so does its needs for more specialty services. As an entrepreneurial focused firm, we, too, are constantly evolving to meet the needs of the business communities and this merger is a perfect example of how two firms can come together to benefit an evolving marketplace.”
MNP employs more than 3,500 team members in more than 75 full- and part-time offices coast-to-coast across Canada. 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, estate planning, insolvency and restructuring, investigative and forensic accounting, cross-border taxation and more.
MTA is an established firm of chartered professional accountants and consists of one partner, Hugh Thorne, and six team members, including Carl DeJong, who will also join MNP as a partner. MTA serves diverse industries, including clients in the agriculture and manufacturing sectors. Founded in 2002, the firm provides a wide range of accounting, tax and business advisory services in areas such as process improvement, valuations, succession services and more.
“As the marketplace evolves and business needs become more complex, we believe returning to the fold of a national firm with a local client service philosophy and greater breadth and depth of services and resources will serve our clients well,” said Hugh Thorne, Managing Partner, MTA. “MNP serves a diverse group of clients, including businesses in the fields of agriculture, technology and media, professionals, real estate and construction, and more — and truly understands both the region and our clients’ needs. We believe coming together will strengthen and deepen our existing leadership and offer our clients advice specifically tailored to their business so they can continue to evolve and overcome current business and industry challenges.”
MNP credits its strategic mergers and acquisitions, organic growth, value-added services and corporate culture for catapulting the firm to see unprecedented growth rates year-after-year.
“To maintain our corporate culture, we have been very strategic about who we invite to join our team,” explained Dimitriou. “We carefully guard our corporate culture, resulting in a low client and employee turnover, while attracting some of the brightest professionals in our industry. We are thrilled to have the MTA team join us in our efforts to help the Brockville area and business community achieve even greater success.”
“I have a lot of colleagues who have already merged with MNP and they are really happy with their decisions,” added Thorne, explaining what appealed to him about joining MNP. “In addition, the firm has a history of almost 60 years, serving a diverse range of clients, and has also been recognized as one of the 50 Best Employers in Canada by AON Hewitt for nine consecutive years. MNP has an organizational culture and values founded on an unwavering commitment to people; creating a great place to work and do business, where a healthy balance between home and work life are at the core of how business is run. Our team is truly excited to be a part of the MNP family.”
The MTA team will remain in their current location initially, before moving into MNP’s Brockville office once refurbishments have been completed.
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 more than 58 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.
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