Register to get free articles
Want unlimited access? View Plans
Already have an account? Sign in
Outsourcing, compliance and advisory group, Azets, has announced its acquisition of Baker Tilly Ireland, which will rebrand as Azets Ireland with immediate effect.
With its latest acquisition, the firm has entered the Irish market for the first time where it will look to support SME businesses in the region. This marks the company’s tenth deal in 12 months, with more M&A activity planned across all regions.
According to Azets, which also operated across the UK and Nordics, it has chosen Ireland for its “strong” trading ties and business connections with the UK, Europe and North America, as well as for its “buoyant SME community and resilient economy”.
Azets Ireland will provide services ranging from audit and advisory, corporate finance, tax, restructuring, corporate governance and fund management, with a focus on mid-market, entrepreneurial, owner-managed, and family-owned businesses.
Azets Ireland is led by Neil Hughes, supported by a team of 100 people, including 11 partners, to serve a portfolio of 2,000 clients. It operates out of Dublin and Enniscorthy, Co. Wexford in the Southeast.
Chris Horne, group CEO at Azets, said: “With its membership of the EU single market, strong commercial ties to the UK and transatlantic links, Ireland is the main gateway to Europe in a post-Brexit environment. There are clear synergies for Azets’ people and our clients from building a strong partnership with our new Irish team, and we’re delighted to welcome them into the group.”
Neil Hughes, CEO of Azets Ireland, added: “We have enjoyed strong organic growth over the past five years as we continue to deepen our areas of expertise and build a team of specialists to support the evolving and changing needs of our client base.
“Our focus on the needs of owner managed and entrepreneurial led SMEs is unique and allows us to provide a broad range of professional services to the companies that are at the heart of the Irish economy.”
