MNP Announces Merger with One of British Columbia’s Largest Accounting Firms

Vancouver, B.C.-based KNV Chartered Accountants LLP will merge with Calgary, Alberta-based MNP LLP effective Feb. 1.

“This is MNP’s largest merger to date and has come at a great time. Our strategic plan calls for continued growth in B.C. so we were looking to add much-needed resources and talent, while KNV was seeking to grow with a firm that would complement its existing service offerings. Both our firms were looking to grow and to combine our expertise and leadership to help our clients achieve their growth targets. It’s a win/win/win for both our firms and the marketplace,” says Jason Tuffs, MNP’s executive vice president for British Columbia.

Established in 1973, KNV has provided accounting, auditing, tax planning and business advisory services to corporate, public sector, not-for-profit and personal clients for more than 40 years. The firm consists of 14 partners and almost 200 additional professionals and support staff, making KNV one of the largest accounting firms in British Columbia.

In addition to tax and accounting expertise, both MNP and KNV deliver a diverse range of advisory services, including consulting, enterprise risk, corporate finance, valuation and litigation support, succession planning, estate planning, insolvency and restructuring, investigative and forensic accounting, cross-border taxation and more.

“As our clients’ needs continued to grow, we recognized we also needed to grow,” says Dave Mitchell, partner at KNV. “With more than 80 offices across the country and over 3,300 team members, they have a large national presence and access to many experts and specialists, as well as access to a global network of accounting firms and affiliations through Praxity—an international alliance of independent accounting firms. Joining MNP was the right time, right place and right fit.”

“British Columbia is a strategically important market for our firm” says Daryl Ritchie, CEO of MNP. “We entered B.C. in 2002 and since that time have opened 15 locations from Vancouver Island, to the Cariboo, the North East, the Okanagan and the Greater Vancouver Area. We have established a large footprint in B.C. and we will continue to enhance our offerings for all the economic sectors of the Province. We are excited to have the people of KNV join us, as a shared vision and culture – and a passion for British Columbia is very evident in our two firms,” adds Ritchie.