HLB International announces first member of new UK Federation
HLB International, the international network of accounting firms, is delighted to announce the appointment of the first UK member firm to its new UK Federation. Menzies LLP, the South-Eastern based accountancy and advisory practice, joined HLB International in early September. Following the success of HLB's National Federations in Germany, the Netherlands, Italy, Mexico, Australia, USA and France, HLB is now rolling out its Federation framework in the UK with like-minded member firms throughout the country.
"Our Federation approach has already proved that it works well in other countries and we feel it's now time for the UK to adopt this approach. The National Federation allows regional members to support growth and to share best practice on business initiatives, training and development. We are looking for high-quality regional firms to fill our UK network gaps, and the candidates we are talking to demonstrate strong local reputations, an established track record, growth plans and a strong international focus," explains James Frost, chief operating officer of HLB International.
"We are delighted that Menzies is joining HLB - this is the first step in building our UK Federation of firms. As a well-respected and fast-growing accounting practice, it establishes a strong presence for HLB in the South and South East of England. We are confident that Menzies will be an active member of our network," said Rob Tautges, chief executive of HLB International.
Menzies was attracted to HLB's international network and the opportunities it provides for international development.
"We have been handling an increasing amount of international business and have been looking to further develop this side of its business. Given our growth plans, we believe that membership of HLB International presents a significant opportunity to further extend the international work that we do, particularly in relation to advising clients on cross-jurisdictional matters such as transfer pricing and international tax," said Mike Sands, Senior Partner at Menzies.
Menzies was formerly a member of Praxity, the accounting network. Developing its global footprint is a key strategy for growth for HLB International, which has continued to build its membership in new countries around the world throughout 2010. This year HLB International has announced its first member firm in Zambia, a second member firm in Japan and two member firms in Norway, as well as a significant acquisition of a US tax practice by one of HLB's US member firms.
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