Frank Hirth tax practice to be acquired by EY

Frank Hirth Plc (Frank Hirth) confirms the signing of an agreement with a subsidiary of Ernst & Young LLP (EY) for it to acquire Frank Hirth’s tax advisory and compliance business. The transaction is subject to certain closing conditions and, if satisfied, is likely to be complete in the first half of 2021.

Robyn Limmer, Frank Hirth Managing Director, said:

“Throughout our discussions with EY professionals it has been clear that we share common values and goals, and so this has felt like a natural fit from day one. This is a great chance for us to come together, to propel our collective US and UK private client business to a new level, whilst maintaining and enhancing the exceptional client service we are known for. The business of Frank Hirth potentially coming into the EY organisation is an exciting proposition and one that we know our people will embrace to fulfill their individual potential.”