Canadian Treasurer

September 3, 2014

National accounting firm enters Ottawa market

Calgary, AB – MNP LLP, one of Canada's largest national accounting and consulting firms, has announced that McLarty & Co Professional Corporation, an Ottawa-based accounting firm, will merge with MNP on November 1, 2014. McLarty & Co was interested in expanding services to clients, while MNP was seeking to enter the Ottawa marketplace for the first time.

"MNP's strategic plan for growth and its entrepreneurial spirit have always been key factors in our success," says Sean Wallace, MNP's executive vice-president for Ontario and Quebec. "This merger builds on our plans for growth in eastern Canada as well our vision of becoming the nation's pre-eminent accounting and consulting firm. We are thrilled to be entering the Ottawa marketplace for the first time and are even more excited to have found the perfect firm to join forces with."

MNP is ranked as the sixth-largest firm in Canada and employs over 3,000 professionals from Victoria, BC to Montreal, QC. For more than 65 years, MNP has served the mid-market public and private sectors in the areas of accounting, consulting and tax. MNP has also been recognized as one of Canada's 50 Best Employers by the AON Hewitt for six consecutive years.

"We are very excited about joining MNP. Our clients will benefit from the additional knowledge, resources and experience that MNP offers in numerous industry and specialty areas," says Doug McLarty, FCPA, FCA, managing director. "Through this merger, we can ensure that we continue to deliver unique solutions to meet even more of our clients' needs."

Lynn Honsberger, MHA, CPA, CA, director, recruiting and promotion for McLarty & Co, said in today's business environment, it is more important than ever to look at new ways to help clients achieve their goals. "This merger is a perfect example of how two like-minded firms can come together to provide more resources and services to give clients the edge they need to stay competitive and deal with business and industry challenges."

Established in 1981, McLarty & Co is well known in Ottawa as an innovative public accounting company that serves a diverse group of clients, including business owners, car dealerships, healthcare professionals and real estate and construction companies.

McLarty & Co and their team of 30 will remain in their current location at Suite 110, 495 Richmond Road in Ottawa, ON.




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