Johnston Carmichael have announced a merger with Aberdeen headquartered Ritson Smith, a move that will significantly bolster the size of our Scotland-wide firm.
Ritson Smith was established in 1924 and has 60 staff based at three offices across the North East of Scotland. Following the merger, the combined firm will operate under the Johnston Carmichael banner and will employ over 500 people in 12 locations throughout Scotland.
The merger will not only further enhance our position as the largest independent accounting and business advisory firm in Scotland but with combined revenues in excess of £30m, the firm will now rank among the top 20 accounting firms in the UK.
Sandy Manson, Chief Executive of Johnston Carmichael said “We are very excited by the additional capability and potential that this merger brings to our operations, both in the North East and across the wider Scottish practice. It represents a great opportunity to further expand Johnston Carmichael.
“Our firms have similar values, a shared professional ethos and we are passionate about helping our clients develop their businesses. This merger will further strengthen our position as the largest independent firm in Scotland. Our partners and staff will be integrated from the outset thereby enabling both our teams to work as one unit in the interests of supporting and providing an outstanding service to our clients.”
Niall Farquharson, Managing Partner of Ritson Smith, is to become joint Managing Partner of Johnston Carmichael’s Aberdeen office, joining incumbent Andrew Walker in the role. He said “We are delighted to be joining forces with Johnston Carmichael to become part of a leading firm with access to the full range of services our clients are looking for. We know the Johnston Carmichael team well and think there is an excellent fit for our people. In today’s challenging and ever changing times, we are all very positive about the benefits which the merger will bring to both firms in terms of additional capability to service and support our clients.”
Following the merger Johnston Carmichael will comprise 54 partners over 12 locations. The seven Ritson Smith partners joining Johnston Carmichael are Niall Farquharson, Neil Harper, Ewen Alexander, Jean Main, John Laing, George Burnie and Graham Alexander.