Merger places MNP among province’s biggest firms

MNP, which has an office in Vernon, will join forces with KNV Chartered Accountants, effective Feb. 1.

A new merger will position MNP as the third-largest accounting and business consulting firm in B.C.

MNP, which has an office in Vernon, will join forces with KNV Chartered Accountants, effective Feb. 1.

“This is MNP’s largest merger to date and has come at a great time,” said Jason Tuffs, MNP’s executive vice-president for B.C.

“Our strategic plan calls for continued growth in B.C. so we were looking to add much-needed resources and talent, while KNV was seeking to grow with a firm that would complement its existing service offerings.

“Both our firms were looking to grow and to combine our expertise and leadership to help our clients achieve their growth targets.”

Established in 1973, KNV has provided accounting, auditing, tax planning and business advisory services to corporate, public sector, not-for-profit and personal clients for more than 40 years. Its head office is located in South Surrey, with offices in Vancouver and Kelowna. The firm consists of 14 partners and almost 200 additional professionals and support staff.

In addition to tax and accounting expertise, both MNP and KNV deliver a range of advisory services, including consulting, enterprise risk, corporate finance, valuation and litigation support, succession planning, estate planning, insolvency and restructuring, investigative and forensic accounting and cross-border taxation.

“As our clients’ needs continued to grow, we recognized we also needed to grow,” said Dave Mitchell, partner, KNV. “With more than 80 offices across the country and over 3,300 team members, they have a large national presence and access to many experts and specialists, as well as access to a global network of accounting firms and affiliations through Praxity – an international alliance of independent accounting firms. Joining MNP was the right time, right place and right fit.”

MNP began operating in B.C. in 2002, and since that time have opened 15 locations across the province.

“We have established a large foot print in B.C. and we will continue to enhance our offerings for all the economic sectors of the province,” said Daryl Ritchie, CEO of MNP. “We are excited to have the people of KNV join us, as a shared vision and culture – and a passion for British Columbia is very evident in our two firms.”

Team members in KNV’s and MNP’s offices in Surrey, Vancouver and Kelowna will remain in their current locations until the firms can move into their new offices, which will bring both teams together in all three locations.


Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Vernon chamber backs council’s opposition of downtown overdose prevention site

The chamber sent a letter to B.C.’s health minister calling for the site not to be located downtown

Bird knocks out power for thousands in Vernon

Evening outage was brief, but affected nearly 3,000 residents

GALLERY: Perfect day for replanting marigolds in Armstrong

Volunteers soak up sun as they replant city’s Marigold Mile Wednesday, May 27

Vernon player chooses Winnipeg as next soccer home

Tori Hauptman will play for the University of Winnipeg Wesmen in U-SPORTS’ Canada West conference

Over Zoom, Armstrong council seeks new meeting space

BRIEFS: Centennial Auditorium under consideration as council looks to resume open meetings

Duck nests at Vernon drive-thru

Mother has hatched four ducklings just inches from the steady stream of vehicles

Princeton officially becomes ’Bronze Statue Capital of Canada’

“We are going to come out of this fine.” That’s the opinion… Continue reading

Kelowna man arrested for murder of Alberta man

A second man is also wanted in connection with the first degree murder of Cody Michaloski

LETTER: Summerland solar project should be reviewed

Questions raised about feasibility of proposed power project

New ‘smart city’ 5G technology to be installed in Kelowna next week

‘This is an exciting opportunity for Kelowna to build on the work we’re doing to bring smart city technologies to our city’ - Mayor Colin Basran

B.C. businesses ‘can’t shoulder burden’ of COVID-19 sick pay

Trudeau’s plan should be tied to federal emergency aid

Police investigating after hydrant hit by van in West Kelowna

The incident occurred around 5:40 p.m. near Boucherie Road

Pregnant Revelstoke woman catches COVID-19 days before giving birth

Michelle Hunter said she felt like she was in a horror movie when she discovered she had COVID-19

Princeton RCMP stop men intent on jumping off bridge

Princeton RCMP investigating a trespassing complaint arrived in time to stop two… Continue reading

Most Read