MHA has announced a merger with Edinburgh-based accountancy firm Geoghegans. Geoghegans provides a full complement of accountancy services for clients in the capital and across Scotland.
MHA is a UK-wide network of independent accountants and business advisers, with 1,740 staff and partners and 21 offices across the UK. As the British wing of the Baker Tilly International network, the last 12 months have seen MHA undergo a period of major growth – launching offices in Scotland and Wales for the first time. It also fully incorporated MHA Moore and Smalley into its operations earlier in the year.
As MHA looks to build on this momentum, it has confirmed another merger. As it looks to strengthen its Scottish wing, MHA has welcomed Geoghegans into its network.
An Edinburgh accounting firm, Geoghegans has been servicing clients across Scotland since 1918. It’s office on St Colme Street has been rebranded under the MHA banner, while its four partners – Euan Fernie, Iain Binnie, Lachlan Fernie and Paul Marshall – have each become partners at MHA, with its 64 staff also joining.
Rakesh Shaunak, chair of MHA, said, “This further expansion is hugely significant for MHA. We highlighted after the Meston Reid & Co merger that we would be looking to expand further in Scotland and this has been achieved. Geoghegans is an excellent merger for us as it enables a move into the thriving Edinburgh market and further into Scotland with a firm which aligns well with our values and commitment to customer service. We are retaining all staff in the Edinburgh office, while expanding opportunities for staff development and recruitment. We would not rule out further growth into Scotland.”
This is MHA’s second merger in Scotland, the first being with Aberdeen accountancy firm Meston Reid & Co in October 2023. The addition of Geoghegans is aimed at enhancing the services offered to existing clients, while expanding MHA’s offering across the UK in line with the firm’s growth strategy.
Euan Fernie, a senior partner with Geoghegans, added, “Partnering with MHA – a larger and ambitious firm – means we can expand our offering to clients through the vast network of specialists that will become available. Servicing our valued clients well has always been our top priority and this ethos is more than matched by MHA whose principles are hugely aligned.”