Australia
William Buck Group seals fourth M&A deal in 12 months
3 February 2020 | Minutes to read: < 1

William Buck Group seals fourth M&A deal in 12 months

By William Buck

Commentary from Nikolas Hatzistergos, Chair at William Buck Accountants and Advisors and Managing Director, NSW

Leading mid-tier accounting firm William Buck has today announced its fourth merger in twelve months, continuing a growth trajectory that’s seen the firm double in size over five years.

I am pleased to announce that effective from 1 February William Buck in NSW is merging with IACR Partners located in North Sydney.

The merged firm will trade as William Buck, maintaining the North Sydney presence. This merger follows on from other recent mergers / acquisitions by William Buck firms in Perth, Adelaide and Gold Coast.

We are always mindful when we undertake any merger opportunities that we identify likeminded individuals who will allow us to further enhance our service capability to all our clients, as well as contribute to our growth aspirations.

Having already achieved 8% growth in revenue in 2019 when William Buck was ranked as the 10th largest accounting firm in the AFR Top 100, we are on track to deliver double digit growth in 2020. This is very pleasing as we will also be commencing our 125th anniversary celebrations this year in May.

Our continued growth and development wouldn’t be possible without our loyal clients, referrers, and our dedicated team of over 700 people who turn up every day striving to make a difference. We continue to be very optimistic about our future growth and aspirations but mindful of the challenges within our profession.

I’m delighted to begin 2020 on this positive note as we continue our journey of delivering on our promise of ‘Changing Lives’.

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