Strategic acquisition positions PwC as one of Ireland’s leading professional services practices dedicated to private business.
Accounting giant PwC has acquired boutique Irish tax practice Twomey Moran for an undisclosed sum.
The acquisition forms part of both firms’ strategies to achieve exponential growth in private business services.
“Twomey Moran will strengthen our combined ability to deliver an unrivalled service to Ireland’s private business, family business and high-net-worth individuals across the country”
Twomey Moran is one of Ireland’s largest independent advisors on tax matters working with leading private businesses, families and high-net-worth individuals.
Twomey Moran’s Dave Moran and Paul Morris join PwC as Partners and, together with Twomey Moran’s co-founder and managing director, Kieran Twomey, they look forward to driving the combined business forward.
“With huge growth potential, this strategic acquisition positions PwC as Ireland’s leading professional services practice dedicated to private business, which will operate as PwC Private nationwide,” said Susan Kilty, tax leader at PwC Ireland.
“Twomey Moran will strengthen our combined ability to deliver an unrivalled service to Ireland’s private business, family business and high-net-worth individuals across the country. In particular, it will also provide continued excellent career opportunities for our people working at PwC Private. We welcome all of our Twomey Moran colleagues to the PwC family and look forward to working with them, as, together, we grow our private business practice into the future.”
Twomey Moran’s 19 staff bring PwC Private’s full complement of tax professionals servicing Irish private and family businesses and high net worth individuals nationwide to more than 100 people.
“For our people, unrivalled career opportunities in the PwC network; for our clients great growth opportunities as well as access to PwC’s full-service offering,” said Kieran Twomey, PwC Private.
“All of us at Twomey Moran look forward to working with our PwC colleagues, continuing to provide unrivalled client service to our clients into the future.”
Main image at top: Paul Morris, Partner, PwC Private; Susan Kilty, Head of Tax, PwC Ireland; Colm O’Callaghan, Partner, PwC Private; Mairead Harbron, Partner, PwC Private; Kieran Twomey, PwC Private and Dave Moran, Partner, PwC Private