ASM announces merger with Crawford Sedgwick
One of Northern Ireland’s leading accountancy firms, ASM Chartered Accountants, has today announced that Belfast accountancy practice, Crawford Sedgwick, will be merging with it.
The newly formed alliance will see all Crawford Sedgwick’s staff integrated within ASM’s Belfast-based (Rosemary Street) practice. This will strengthen ASM’s audit, tax and accountancy offering and add a housing association specialism.
Since its launch in 1995, ASM Chartered Accountants has grown rapidly and today stands as one of the largest accounting and management consultancy firms in Ireland, with offices in Belfast, Dublin, Dundalk, Dungannon, Magherafelt and Newry, with a 170 strong team. The merger will be effective from June 1 and will provide a platform for further growth for the award-winning company.
Crawford Sedgwick is one of Belfast’s longest-running and most respected accountancy practices and was established in 1976 by Drew Crawford and John Sedgwick. The Hill Street based business employed staff in a range of specialisms and related skills that included: audit and accounting, internal audit, consultancy services and taxation.
Speaking of the merger, Brian Clerkin, Managing Director of ASM Chartered Accountants said: “We are delighted to be merging today with one of the most respected practices in Belfast.
“We been looking for merger opportunities for some time and this one came up at a very opportune stage for our business.
“For us, it is an excellent fit in terms of Crawford Sedgwick’s client base, the size of their firm, their stellar reputation and excellent skill set, which we feel is a perfect fit with our own client base and ethos.
“The alliance gives us an ability to provide additional services to Crawford Sedgwick’s clients in terms of tax consultancy and financial services and further strengthens our position as one of the largest accounting and management consultancy firms in Ireland.”
ASM Chartered Accountants have a history of mergers, with the 1999 merger of mid-Ulster firm, Robinson & Company and the 2005 merger of RJ Sutton & Co helping to grow ASM’s Dungannon office. Which, alongside ASM’s Magherafelt office gives ASM a very strong presence in mid-Ulster and the more northerly counties.
ASM expanded into the Republic of Ireland in September 2009, through its merger with O’Hare Finnegan. With both directors, Michael O’Hare and Ian Finnegan remaining within the firm and heading up the Dundalk and Newry offices, respectively.
Today ASM’s local presence across Northern Ireland and the Republic of Ireland is unrivalled in terms of number of offices and locally based staff. The client base spans small, owner/managed and family businesses to large public bodies and corporates across Ireland.
Brian continued: “This merger allows us to consistently offer more senior and experienced staff than our competitors.
“This approach has enabled us to obtain a market leading reputation in our key disciplines.
“We are constantly looking for ways to innovate in order to improve our offering to clients and will be on the look out for further deals like this in the future.
Brian concluded: “This, along with our strong local presence, means we can always match an advisor to the requirements of a particular job. We are delighted with this partnership which will once again help us stay ahead of our competitors by deploying the most senior and experienced people we can.”
Drew Crawford of Crawford Sedgwick noted: “Myself and John Sedgwick are pleased to have agreed this merger of our practice with such a rapidly growing and award winning company as ASM. We look forward to achieving further growth as part of the enlarged business”.
Pictured is John Sedgwick and Drew Crawford of Crawford Sedgwick alongside Brian Clerkin, MD of ASM Chartered Accountants.