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National accounting firm expands presence in the GTA

MNP

Baratz Judelman Preisz Pajak (BJPP), a Toronto-based accounting and advisory firm, will merge with MNP LLP, one of Canada’s largest accounting and business consulting firms, effective February 1, 2016. BJPP was looking for an opportunity to offer more specialty services to its clients, while MNP was looking to add more resources to serve the GTA marketplace.

“Since entering the Ontario marketplace for the first time in 2008 in Toronto, MNP has added 11 more locations in the province, including two serving the GTA. In building on our strategic plans for growth in the GTA, we had been looking for a like-minded firm to ensure we continue to have the resources to serve the market and could not be more pleased that BJPP had joined the MNP family,” said Jeremy Cole, MNP’s Executive Vice President for Ontario and Quebec.

BJPP, a full-service boutique accounting, tax and business advisory firm, has continued to grow since its inception in 1982 and recognized joining MNP would offer them more resources while enhancing the specialty services they can provide to their clients.

“With experts in corporate finance, cross-border taxation, accounting, consulting and risk management—locally, across the country, as well as through affiliates around the globe—MNP enhances our  ability to ensure our clients maximize returns and reduce risks in every area of their business, no matter where their business takes them,” said Saul Judelman, Partner, BJPP.

MNP is ranked as the fifth-largest firm in Canada and employs more than 3,500 team members from Victoria to Montreal. 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.

The BJPP team consists of five Partners, all of whom have decades of experience in professional practice, along with one office manager, one senior manager (CPA / CA), one manager (CPA / CA) and another seven additional professional and technical staff. The firm reflects the multicultural diversity of the City of Toronto and surrounding areas and has operated in the north central Toronto area for more than 30 years.

“MNP continues to see strong growth in a challenging economy through mergers with like-minded, quality firms that share the same commitment to people. To maintain our corporate culture, we have been very strategic about who we invite to join our team,” added Cole. “Like MNP, BJPP values the existing relationship with its clients and it is the firm’s policy for all Partners to have a direct hands on approach in dealing with clients’ needs.”

Michael Pajak, a Partner with BJPP, said their firm is excited to join a firm that shares their culture and values.

“Complementing MNP’s merger success, its personalized and partner-led approach to mid-market business has allowed the firm, which has been operating since 1958, to lead the pack with the highest year-over-year growth rates of any of Canada’s top accounting firms, explained Pajak. MNP has been voted one of Canada’s 50 best employers for eight years in a row by Aon Hewitt for a reason; the firm is quite simply a fun and rewarding place to work and do business, where authentic relationships, an entrepreneurial spirit and a healthy balance between home and work life are at the core of how their business is run. We are looking forward to working together to manage our clients’ most pressing business challenges with innovative strategies.”

The BJPP team of 11 will move into MNP’s Markham location - 700-3100 Steeles Avenue – shortly after the effective date, February 1, 2016.