Moore Kingston Smith expands with accounting team acquisition
22 Jan 2021
Top twenty player Moore Kingston Smith, the London firm of the Moore UK network, has acquired the audit and accounting business of tax specialist Frank Hirth
22 Jan 2021
The business includes Frank Hirth’s general practice audit, accounts and payroll business, incorporating a team of 23 people including Andrew Grieve, who has led the audit and accounting team at the firm for the last six years.
Frank Hirth was placed at number 35 in the Accountancy Daily league table of top 75 firms, with a fee income of £23m in 2019. Moore Kingston Smith was ranked at 18, reporting fee income of £56.1m.
Maureen Penfold, managing partner of Moore Kingston Smith, said: ‘I’m thrilled to welcome Andrew and his team to the firm. They will seamlessly complement our existing City office team, strengthening us to further support our growing client base in line with our existing growth strategy.’
Grieve said: ‘I’m delighted to be integrating my whole team with Moore Kingston Smith, where they will be able to broaden their experience and client offering through having access a wider array of services.
‘I’m confident that we will settle in immediately, not least due to our shared ethics and approach. ‘Furthermore, I look forward to sharing my team’s extensive FCA experience and specialist tax connections with Moore Kingston Smith clients going forward.’
Frank Hirth was established in 1975 and specialises in US and UK tax compliance. The remaining tax practice continues to specialise in offering tax advice on the interaction between the US and UK tax jurisdictions.