Regional group to join forces with Baker Tilly International UK member firm
Baker Tilly South East Europe (BTSEE), a leading professional services firm offering a comprehensive range of services to clients in Cyprus, Greece and South East Europe, announces that it has entered into a heads-of-terms agreement to merge with MHA plc, a leading professional services provider of audit and assurance, tax, accountancy and advisory services. MHA is the UK and Ireland’s representative of the Baker Tilly International Network.
The proposed deal, announced at Baker Tilly’s European conference in Athens, would see the firm join MHA, supporting the group’s international growth strategy while giving BTSEE access to broader resources and investment to accelerate its own expansion and enhance opportunities for both clients and employees.
MHA, which listed on the AIM market of the London Stock Exchange earlier this year, is pursuing selective cross-border mergers and acquisitions and has identified BTSEE as an ideal fit due to its strong financial track record, growth potential, alignment of culture and complementary services. The two firms have an established working relationship through the Baker Tilly International Network.
Marios Klitou, CEO at BTSEE, commented “We have built a strong and ambitious business across South East Europe, and this proposed transaction marks an exciting potential next step in our journey. MHA is a firm we know and respect, with shared values and a clear strategic vision. Together, we believe there is exciting potential to broaden our client offering and create new opportunities for our people. We look forward to advancing discussions in the period ahead.”
