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S&W has announced that it has acquired Cork-based firm MC2 Accountants, signalling its intent to continue its Irish expansion drive.
The deal will see 47 new staff, including four partners, join S&W’s Ireland business, which currently employs around 115 people and was recently bolstered by the acquisition of Dublin-based Beechwood Partners.
Established in 2013, MC2 provides clients with a suite of end-to-end financial and business solutions. MC2’s business incorporates Parfrey Murphy, which it acquired in 2022.
Andrew Wilkes, CEO at S&W, said: “I’m delighted to welcome the team from MC2 Accountants to S&W in our second acquisition in Ireland as a stand-alone group. MC2 is a highly respected and forward-thinking firm which fits well with S&W both in terms of expertise, culture, and the clients it works with. Like S&W, MC2 is a business committed to building long standing relationships that add real, discernible value to clients.
“Our partnership with Apax Funds is providing us with the firepower to invest in our transformational growth. This gives us the platform to strengthen our offerings to our clients through continuing to execute the acquisition of high-quality accountancy firms with complementary expertise, like MC2.”
James Loughrey, partner at MC2 Accountants, added: “We are proud of the growth we have achieved as an independent practice, and now is the right time to take the next step in our journey by joining S&W. Becoming part of a larger organisation gives us the infrastructure and wider capabilities to continue to deliver joined-up solutions across multiple service lines, ensuring we can support clients as their needs become more complex in a more challenging world.
“Importantly, S&W’s strong focus on private clients and owner-managed businesses aligns perfectly with our own. The success of MC2 has been built on the support of our dedicated team and loyal clients, and this move will benefit both.”
S&W was launched in March 2025, following the sale of Evelyn Partners’ professional services business to Apax Funds.
