Moore Global and Johnston Carmichael join forces
Global accounting, audit, and advisory network Moore Global, has announced that Johnston Carmichael will join its ranks, creating a bold physical presence in Scotland and strengthening the UK and international network.
The Moore Global community has approximately 30,000 staff across 640 offices in 110 countries. It has a turnover of £3.2 billion globally, and £121 million in the UK (as reported in 2020). With a turnover of over £50m, the addition of Johnston Carmichael represents significant growth that, alongside London-based Moore Kingston Smith, will create two anchor businesses for the UK network.
Anton Colella, Scotland-based CEO of Moore Global, said: “Welcoming Johnston Carmichael on board marks a major step forward in transforming the Moore Global business in the UK, and beyond. As well as being of a substantial size and a leader on its home turf, Johnston Carmichael brings more technical depth to our network, further establishing the UK footprint and adding expertise that will enhance the Moore Global business across all markets.
“However, this move is about so much more than scale. With our executive team having such a strong presence in Scotland, securing influence and impact here is both strategically and symbolically important for the expansion of the Moore Global community. For some time, I have admired Johnston Carmichael’s reputation and service offering in the market and I have no doubt that as our new partner the firm will unlock an exciting period of growth. Our ambition to become established in the top 10 ranking firms in the UK and globally is now another step closer.”
With over 850 employees and partners, Johnston Carmichael is the largest independent firm of chartered accountants and business advisers in Scotland, operating from 13 locations across the UK. It will become a full member of the Moore Global UK network, which currently boasts 1,200 staff across 34 offices.
Andrew Walker, chief executive of Johnston Carmichael, added: “We are pleased to be joining Moore Global. Not only is there a strong cultural and strategic fit but it will also give our clients and our people access to Moore’s significant breadth and depth of international expertise and experience as one of the leading accounting networks in the world. This will only help us to better serve the growing international needs of our clients, supporting their current operations and expansion plans in overseas markets.
“Another attraction for us is Moore Global’s professional learning programme, Moore Talent, which includes the Harvard Leadership programme and the Moore Ambition initiative for young managers. This will significantly add to the ongoing development of our in-house JC Academy and existing Leadership Programme, supporting our talented people to grow and develop further, whilst building on our cultural offering, helping attract new sharp minds to the firm.”
Maureen Penfold, CEO of Moore Global UK, concluded: “Johnston Carmichael coming on board is the next step in further establishing the Moore business in the UK as a force to be reckoned with. I look forward to working with the team to realise our shared ambitions in Scotland, the UK and internationally.”