Leading UK accountancy group MHA, a network member of Baker Tilly International, has merged with Cardiff-based firms Watts Gregory and HJE Healthcare Accountants (Watts Gregory Group). The move enhances the services to Watts Gregory Group’s existing clients, and strengthens MHA’s offering in Wales in line with the firm’s growth strategy.
This is the second M&A opportunity that MHA has concluded in Wales this year following its merger with Swansea-based Gerald Thomas in January. The firm now has over 100 professional staff in Cardiff and Swansea.
Rakesh Shaunak, Managing Partner and Chairman of MHA, said: “We are delighted to secure our presence in Wales. Watts Gregory Group is a significant merger for MHA, enabling us to continue expanding and investing within a thriving business community in a region which has great synergies with MHA’s core sectors in particular, construction, manufacturing, technology, consumer and life sciences. These strategic mergers will enable these firms’ clients to access a new range of specialists, and an enhanced national and international offering, whilst continuing to enjoy a highly personal service. We will also bring new development opportunities for the staff, as well as providing attractive career opportunities for new talent.”
Watts Gregory provides high-quality accountancy services for clients across South Wales, including tax compliance and advisory, audit and risk assurance, plus forensic and probate. HJE Healthcare Accountants have served clients within the healthcare sector for over 30 years.
Francesca Lagerberg, CEO of Baker Tilly International, added: “I am delighted to welcome Watts Gregory Group to our network.
“At Baker Tilly, we recognise the pivotal role of identifying strategic M&A opportunities that will strengthen our capabilities, elevate client experiences and extend our influence. This latest announcement by MHA exemplifies our philosophy of forging partnerships with like-minded, ambitious organisations, as we continually evolve in scope and reach to meet client demand.”
Related content
