Rose Partners continues expansion plans with MSI | Australian Markets

AZ NGA-backed accounting and advisory firm, Rose Partners, has continued its national expansion efforts by securing a new partnership with Queensland-based MSI Taylor.

The partnership builds on Rose Partners’ present advisory experience throughout the pharmaceutical, construction, health, {and professional} companies sectors amongst company and business shoppers, which was cited as a robust level of alignment with MSI Taylor’s own accounting and advisory business and shopper base.

According to Ben Simon, Partner at Rose Partners, the 2 corporations share a number of company and pharmacy shoppers, which signalled them to maneuver ahead with the partnership.

“MSI Taylor is an exceptional business with high calibre clients and a similar philosophy and culture to us, which makes them the ideal fit,” he mentioned.

“Together we can increase our capability and capacity, drive efficiencies, and capture growth opportunities.”

Matthew Harris, Managing Partner of MSI Taylor, mentioned the partnership gives a wide selection of advantages to MSI Taylor’s shoppers and staff, together with a devoted management and management staff, a broader suite of companies on offer and higher skilled development alternatives.

“This deal frees me up to focus on the areas I’m good at and where I can add the most value, which is working with clients,” he mentioned.

“Both companies are aligned in phrases of our values, and there may be an overlap of specialist abilities, however Rose Partners can be very robust in some areas the place we’re missing and vice versa, so there may be a lot of alternative.

“We look after some extraordinarily massive and profitable corporations, many of which have been a shopper of ours since they have been fledgling start-ups and small companies.

“We are extremely proud of the client longevity and loyalty we have, and look forward to continuing to deliver exceptional service and value.”

The deal can be bolstered by the merger and acquisition (M&A) experience supplied to Rose Partners by skilled companies firm, AZ NGA, mixed with its present inhouse capabilities delivered by Chief Operating Officer and Partner, Natasha Chambers.

“We have a unique culture and ethos, and we’re looking to share, what we call, our magic sauce with other firms that are focused on growing and providing the best possible service to clients,” Chambers mentioned.

“Expanding alongside the east coast is a natural development for our business and we’re seeking to proceed expansion in Melbourne, Sydney, Gold Coast and probably Adelaide by each M&A and natural exercise.

“There’s loads of exercise and there will likely be more consolidation over the subsequent few years, as a result of elements like capability constraints, and the battle for expertise.

“Firms are more and more turning to M&A not solely to deal with resourcing challenges but in addition to attain scale, streamline operations, and improve profitability in a quickly evolving panorama.

“It’s becoming increasingly difficult for smaller firms to attract, develop and retain talent, and we want to partner with these firms to help them achieve their goals and position themselves for long term success.”

The partnership with MSI Taylor will see Rose Partners develop to eight companions and 75 staff, primarily based throughout Victoria, Brisbane and the Gold Coast.