Accountancy firm announces more acquisitions

Accountancy firm Dains has announced the successful completion of two further strategic acquisitions.

Dublin-based McInerney Saunders Chartered Accountants and Midlands-based Magma Chartered Accountants have joined the Dains Group of businesses in a move which solidifies its position as a key player in the UK professional services marketplace.

McInerney Saunders has been providing commercial and advisory support to businesses both in Ireland and internationally for over four decades.

Dains and McInerney Saunders have collaborated to serve international clients for many years and by joining forces, the enlarged group will deliver additional services to a growing client base.

Meanwhile, the acquisition of Magma will see the firm’s offices in Leicester and Rugby knit seamlessly within Dains following its recent acquisition of Nottingham-based HSKSG.

Richard McNeilly, chief executive at Dains, said: “We enter 2024 with terrific news. During 2023 we experienced strong organic growth, and successfully integrated colleagues from HSKSG and Opto Group into the Dains Group.

“These latest acquisitions mark a significant milestone in our growth story and underscores our commitment to expanding our presence and capabilities in key markets.

“Our Midlands presence is substantial, and we are delighted to welcome the Magma team to Dains Group.

“Ireland is a dynamic and growing market, and this announcement positions us to better serve our clients with enhanced expertise and local insights.

“Simultaneously, the acquisitions of McInerney Saunders and Magma are not only strong additions to the group, but a coming together of like-minded professionals who share common values.

“This alignment of culture and values will ensure a smooth integration process, creating a unified and cohesive team dedicated to achieving shared goals.”