Accountancy firm LHM Casey McGrath has merged with Smith & Williamson. The combine will have a total workforce of 135 people in its two Dublin offices.
The deal will increase turnover for the enlarged entity to over €15m per year in the Republic of Ireland. Smith & Williamson is a large player in the UK, and total group operating income is circa. €300m.
Paul Wyse, who heads up Smith & Williamson in Dublin, commented: “Today’s announcement is the culmination of many months of engagement with a firm that shares our vision and values in providing the highest quality professional services to clients.
“The team at LHM Casey McGrath is an excellent fit with our strategy in order to enable growth, improve our service offering and meet the needs of clients through a diverse range of professional services.”
Wyse added that the expansion positions Smith & Williamson in the top tier of accountancy and financial services businesses in Ireland.
In Association with
Damien Kealy, managing partner of LHM Casey McGrath, added: “While we are very proud of the history of our firm and the achievements of our people, we also recognise the significant benefits that the wider range of accountancy and investment management services which Smith & Williamson can provide to our clients and their businesses.
"This is an exciting opportunity for our people, our clients and our firm and one that allows us to continue to achieve our growth ambitions and those of our clients.”
LHM Casey McGrath was founded in 2004 as an accountancy and financial services firm, employing 56 staff with fee income of circa €5 million in 2017/18. Its services cover audit, assurance, accounting, taxation, business outsourcing, advisory and consultancy.
Smith & Williamson first entered the Irish market in 2008 after subsuming Oliver Freaney & Co, which had been on the go since 1958.
Smith & Williamson provides investment management, financial advisory and accountancy services to private clients, professional practices, entrepreneurs and mid-to-large corporates. The group’s 1,700 staff and partners operate from Dublin, London, Belfast, Birmingham, Bristol, Cheltenham, Glasgow, Guildford, Jersey, Salisbury and Southampton.
Photo: Paul Wyse (left) and Damien Kealy
