Azets has entered the Irish market for the first time following its acquisition of Baker Tilly Ireland, which will rebrand as Azets Ireland with immediate effect. Azets, which also operates across the UK and Nordics, has chosen Ireland for its strong trading ties and business connections with the UK, Europe and North America.
Azets’ investment in Ireland marks the company’s tenth deal in 12 months, with more M&A activity planned across all regions as the group continues to deliver against its growth strategy.
Azets aims to grow the firm in Ireland significantly in the next three years. As part of its growth plans, Azets Ireland is embarking on a recruitment drive and will enhance its presence in key regional locations throughout Ireland.
Its focus will remain on supporting the needs of local and international SMEs, enabling them to take advantage of growth opportunities in the Irish market and beyond. The international footprint of Azets will also facilitate further growth for the firm in Ireland as the country becomes an increasingly strategic location for firms expanding in the EU and beyond to the US.
Azets Ireland is led by Neil Hughes, supported by a team of 100 people, including 11 partners, serving a portfolio of 2,000 clients. It operates out of Dublin and Enniscorthy, Co. Wexford in the Southeast.
Azets Group CEO, Chris Horne, describes Ireland as the ‘natural choice’ for international expansion, as the group accelerates its acquisitive growth strategy.
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By GlobalDataHe said: “With its membership of the EU Single Market, strong commercial ties to the UK and transatlantic links, Ireland is the main gateway to Europe in a post-Brexit environment. There are clear synergies for Azets’ people and our clients from building a strong partnership with our new Irish team – and we’re delighted to welcome them into the group.
“As a multinational organisation from inception, Azets has considerable experience working with different people, cultures, and regulatory and technological regimes. However, we have not expanded beyond our seven countries of operation in several years. This is an important new chapter in our growth.
“Ireland has a buoyant SME market as well as being the investment location for North American firms accessing the European markets, making it the natural choice to complement Azets’ near-term expansion plans. We are excited to be partnering with Neil and the team to build a strong domestic and international advisory practice of scale.
“Azets’ investment in people, talent development, and technology enables group-wide, cross-border collaboration and will create opportunities for our new Azets Ireland colleagues to develop skills and work in new sectors and geographies on innovative and strategic projects.
“We have a clear pathway to deliver new jobs in Ireland and enable career progression for people at all levels.”
Azets Ireland CEO, Neil Hughes, concluded: “We have enjoyed strong organic growth over the past five years as we continue to deepen our areas of expertise and build a team of specialists to support the evolving and changing needs of our client base. Our focus on the needs of owner managed and entrepreneurial led SMEs is unique and allows us to provide a broad range of professional services to the companies that are at the heart of the Irish economy.”
