An accounting and bookkeeping network has announced its 11th M&A deal since 2014, as it looks to expand its presence in Western Australia.
Carbon merges with WA accounting firm
Perth-based Carbon Group has announced that it will merge with Ellenbrook Tax and Accounting as it looks to build on their presence in the WA suburb.
The network already has a presence in Ellenbrook, when it merged with Swan Valley Tax and Accounting in 2016. The new merger will see both firms combine and branded as Carbon.
“It’s an exciting time for the team at Ellenbrook Tax and Accounting. We have a great community here in Ellenbrook and we’re looking forward to being able to offer our clients Carbon’s extended suite of services, such as mortgage broking, business insurance and cloud integration” said Ellenbrook Tax and Accounting director Simon Nielsen.
Carbon has been on an aggressive growth and acquisition strategy, recently moving into the South Australian market with a merger with a bookkeeping firm based in Gawler.
The network now operates in three states, including Western Australia, Victoria, and South Australia, as it looks to expand internationally to New Zealand, Canada and the UK.