MNP LLP is set to acquire a subset of Deloitte's Canadian business in Québec, strengthening its market position and expanding its service capabilities.

Target Information

MNP LLP, a leading national accounting, tax, and business consulting firm in Canada, has announced its intention to acquire a subset of Deloitte's Canadian business operations. This strategic move entails the transition of certain Deloitte partners and team members in Québec, specifically those located outside of Montreal, to join MNP. The acquisition is expected to take place around March 1, 2021, thereby expanding MNP's operational footprint and service capabilities in this region.

This acquisition not only enhances MNP's workforce by incorporating experienced personnel from Deloitte but also strengthens its market position in Québec, allowing the firm to better serve existing clients and attract new ones through an expanded range of services and expertise.

Industry Overview in Canada

The accounting and consulting industry in Canada has seen significant growth, fueled by increasing demand for professional services among businesses seeking guidance on complex financial and regulatory