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Aussie, European accounting networks team up

An Australian-based accounting network has penned a partnership arrangement with a European counterpart in an effort to share technical and education resources without a merger. 

M&A Katarina Taurian 15 January 2018
— 1 minute read

DFK International launched a “strategic alliance” with UK-based accounting network AGN International last week, after several months of negotiations late last year.

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The two businesses will remain separate entities, but will share access to technical and education-based resources in their client services here and abroad.

The alliance, named Global Connect, will mean local firms like NSW-based DFK Laurence Varnay have formal access to 400 firms, versus 200 before the agreement was formed.

Both DFK International and AGN International stressed a merger is not on the cards.

The move has been communicated to all member firms, and is effective immediately.

Both businesses have a focus on accounting, tax and business advisory services for individual and corporate clients.

Aussie, European accounting networks team up
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