Canada’s MNP Announces Two Mergers

Calgary, Alberta-based MNP, one of Canada’s largest accounting firms, has announced two mergers: Calliou Group, an Aboriginal-owned consulting firm in Calgary, and McDonald Thorne and Associates of Brockville, Ontario, an accounting and consulting firm.

Calliou Group joined MNP June 1. While Calgary-based Calliou Group was looking for an opportunity to offer more specialty services to its Aboriginal clients, MNP was looking to add more resources and capabilities to serve Aboriginal communities; a growing and key client group, the firm announced.

“Over the next 25 years, there will be many major development projects in Canada that will impact indigenous communities,” says Clayton Norris, vice president, Aboriginal services. With the addition of Calliou Group, we have a greater ability to develop and implement innovative strategies and solutions for the benefit of indigenous communities and all Canadians.”

Founded in 2008, Calliou Group has grown to become a strategic Aboriginal consultation specialist group for Aboriginal communities, government regulators and natural resource developers.

“What specifically drew us to MNP, was the fact that for more than two decades, MNP has partnered with over 200 Aboriginal communities across Canada and recognizes the needs of Aboriginal communities both in their unique planning and decision-making processes,” says Tracy Campbell, founder and owner, Calliou Group. “As the marketplace evolves, we believe becoming part of a national firm with an emphasis on local client-service delivery resources will serve our clients well and position us for continued success and growth.”

The Calliou Group team of five will move into the MNP Calgary office in early summer of 2017.

In addition, MNP announced that McDonald Thorne and Associates (MTA) will merge on July 1. While MTA was looking to deliver more specialty services to clients, MNP was looking to add resources and expand its presence in the Brockville area with a well-respected and client-focused firm that shares the same values.

“Long a manufacturing base for eastern Ontario, Brockville is successfully adapting to disruption and new economic realities by refocusing on other industries. This proactive approach and willingness to embrace change is what makes Brockville one of Canada’s fastest-growing economic hubs,” says Mike Dimitriou, MP for the Ottawa region.

MTA is an established firm of chartered professional accountants and consists of one partner, Hugh Thorne, and six team members, including Carl DeJong, who will also join MNP as a partner. MTA serves diverse industries, including clients in the agriculture and manufacturing sectors. Founded in 2002, the firm provides a wide range of accounting, tax and business advisory services in areas such as process improvement, valuations, succession services and more.

“As the marketplace evolves and business needs become more complex, we believe returning to the fold of a national firm with a local client service philosophy and greater breadth and depth of services and resources will serve our clients well,” says Thorne. “MNP serves a diverse group of clients – including businesses in the fields of agriculture, technology and media, professionals, real estate and construction, and more – and truly understands both the region and our clients’ needs.”

The MTA team will remain in their current location initially, before moving into MNP’s Brockville office once renovations have been completed.