Managing partners in leading Accountancy & Business Advisory practices discuss activity, in-demand service lines, and the business outlook

ACTIVITY

UHY FDW recently developed a dedicated environmental, social and governance (ESG) and sustainability department, a move which reinforces our commitment to driving sustainable and responsible business practices.

This is a significant milestone, not just for us but for our clients, who now find themselves navigating an increasingly complex regulatory and economic landscape where ESG is no longer optional, but essential.

Organisations that fail to integrate ESG principles now risk financial penalties, investor divestments, reputational damage and missed growth opportunities.

Our specialists work closely with clients to develop and implement meaningful and strategic ESG initiatives, navigate ESG reporting and compliance, assess and mitigate ESG risks and unlock ESG-driven growth opportunities.

We empower businesses to move beyond ESG as an obligation and towards ESG as an opportunity for innovation, efficiency and sustainable growth.

What sets us apart is our ability to provide highly personalised, commercially focused ESG advisory services.

We understand that every business is unique, with its own challenges, risks and opportunities.

Our approach is tailored, whether we are working with a large or mid-sized enterprise looking to build an ESG framework from the ground up or an established company seeking to refine and enhance existing sustainability initiatives.

CONSOLIDATION

While consolidation has always been a part of the industry, the current wave of activity is unlike anything we have seen before.

Firms are seeking to scale up, expand service offerings and strengthen their market position.

This trend is being driven by technological advancements, regulatory complexity, talent shortages and the increasing role of private equity in professional services.

Private equity firms have recognised the potential for value creation within the sector, leading to a wave of investment in mid-sized and larger firms.

While some firms are actively pursuing mergers or private equity investment as a growth strategy, others prefer to remain independent, valuing agility, close client relationships and tailored service delivery.

UHY FDW has chosen to maintain its independence, allowing us to provide bespoke, client-focused solutions without external shareholder pressures.

However, we recognise that M&A activity presents significant opportunities for businesses across all sectors, including our own clients who may be considering a merger, acquisition or investment.

Navigating these transactions requires careful planning, financial due diligence and expert structuring – areas where we bring extensive expertise through our corporate advisory department.

Measured optimism and strategic growth. While economic uncertainty and global challenges persist, businesses that are agile, well-prepared and forward-thinking will be best positioned to thrive.

At our firm, we have outlined a clear vision for the future with our five-year growth strategy leading up to 2028.

This strategy is focused on expanding our service capabilities, strengthening our international network and delivering even greater value to our clients.

Businesses must navigate inflationary pressures, fluctuating interest rates and ongoing supply chain disruptions, all of which could impact costs and profitability.

Additionally, geopolitical tensions may introduce further complexities for trade and investment.

Ireland remains a prime destination for foreign direct investment, particularly in high-growth sectors such as technology, pharmaceuticals and financial services.

The country’s skilled workforce, pro-business policies, and strong EU ties continue to underpin its economic strength and attractiveness to international investors.