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Mid-tier accountancy firm, Menzies LLP, has announced a merger with Wagstaffs Chartered Accountants (Wags), based in Hertfordshire, as part of the firm’s ongoing strategic expansion.
With a workforce comprising four partners with the services underpinned by a 40 strong team of colleagues, Wags has been established in Stevenage for over 70 years.
Following its merger with Menzies, its office will represent the eighth in Menzies’ expanding portfolio, and the only one so far located north of London. The combined firm will be called Menzies.
Menzies LLP has enhanced its organic growth journey with a series of strategic mergers over the last 25 years.
The merger will further expand the firm’s capacity to meet clients’ needs in London and the South East – an area where demand for services has grown steadily.
Simon Massey, managing partner at Menzies LLP, said: “This merger is the perfect cultural and geographical fit for us and represents another exciting step on our growth journey. The colleagues joining Menzies will further strengthen our multi-disciplinary and specialist teams, and we are delighted to welcome them to the firm. We are keen to invest in the area, increase headcount and expand the service offering yet further.”
Nilesh Savjani, partner at Wags, added: “We take pride in delivering excellent client services and keep clients’ interests at the heart of everything we do. Merging with Menzies will ensure our clients continue to get the best possible service from their audit, tax and advisory teams, whilst gaining access to a wealth of added-value services in areas such as VAT planning and forensic accounting, as well as extra support in trading internationally.”
