27 March 2012
Menzies LLP and Insight announce joint venture to develop and grow specialist systems consultancy
Menzies LLP and Insight Management & Systems Consultants Ltd have announced a strategic partnership in the form of a joint venture. The new venture will combine both companies' expertise to provide both public and private sector organisations with a complete finance systems and accounting services offering.
The joint venture, which will be called Insight MSC Limited, will be part of the Menzies LLP group and will bring together the size and scale of a top-20 accounting practice with the specialist finance / ERP systems consultancy and sector knowledge of Insight. The venture will help both public and private sector organisations to improve finance systems and achieve efficiency savings and better financial management and control. It will also provide access to a wide range of accounting services on demand.
Andrew Denley, Menzies Managing Partner, said: "We are very excited about this new venture as, given the enormous pressure on organisations to cut costs and restructure to provide greater value, by combining Insight's and Menzies' expertise we are able to offer clients a powerful proposition and a real alternative to the larger consultancies."
Peter Morley, Insight Director, commenting on the venture said: "We are committed to continue to support the public sector and are delighted to have joined forces with Menzies. This will allow us to both continue to develop innovative solutions for clients as well as to access considerable additional capability and expertise to enable us to jointly provide a complete solution for our clients. Insight and Menzies have been working closely for a number of years and share the same culture, ethics, professionalism and client commitment and therefore the partnership has solid foundations. We look forward to being part of the same team".
The joint venture will be based at Menzies' London office in Tavistock Square.
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Background to HLB International
HLB International is a fast-growing, dynamic network of independent professional accounting firms and business advisers. Formed in 1969, HLBI is a leading mid-tier international accounting network, servicing clients through its member firms in over 100 countries.
HLB International is a member of the Forum of Firms and focuses on quality and personal service, reinforced by regular quality assurance reviews of all member firms, an up-to-date ISA compliant international audit manual and membership of external professional bodies focused on quality issues. Member firms are well-established locally with most firms ranked among the top twelve nationally.
For further information, contact:
Sally Moore / Mark Knight, Broadgate Mainland
Tel: 020 7726 6111,
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About Menzies LLP
Menzies LLP is one of the UK's largest regional firms of accountants and advisers to privately owned businesses. It has 34 partners operating from six offices in the South East. Its services include accounting, audit, corporate tax, VAT, corporate finance, private client, outsourcing and payroll.
Menzies is a member of HLB International, a leading mid-tier network of independent professional accounting firms and business advisers, servicing clients through its member firms in over 100 countries.
