MNP to purchase a part of Deloitte’s Canada enterprise, gaining 900 staff – Calgary
The Canadian press
Posted on February 12, 2021 at 9:35 pm
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Canadian accounting and advisory firm MNP LLP announces that it will purchase part of Deloitte’s Canadian business under a new contract between two of the largest professional services companies in the country.
Calgary-based MNP is expected to add approximately 900 Deloitte employees, 70 partners and executives, and 25 offices.
The deal is part of a plan to add 20 offices in Quebec, according to MNP. In British Columbia, Alberta, Saskatchewan, Manitoba and Ontario there will be a combination of staff transfers from existing Deloitte offices as well as a select number of full office acquisitions.
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In addition to expanding MNP’s presence in Montreal and Laval, the company will add additional locations in Windsor, Ont. and Hawkesbury, Ontario, with 126 offices across the country.
READ MORE: Bankruptcy, Saskatchewan Bankruptcy Rates Rise: MNP Report
Anthony Viel, Chief Executive of Deloitte Canada, says the deal fits well with a subset of Deloitte customers in need of specialized services from MNP.
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The companies have not disclosed the financial details of their agreement, due to take place on March 1, but have yet to be approved by regulators.
© 2021 The Canadian Press
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