Kreston members grow together


Thursday, May 23rd, 2013

Kreston members grow together
bentleysthinking ahead
Bentleys, in Australia has confirmed the addition of McLean Delmo, Kreston’s member firm in Melbourne to its national network.

The addition sees Bentleys network grow to 8 firms, 60 partners, more than 400 staff and annual revenue of $75 million.

Graeme Blockley, CEO of Bentleys said:

“McLean Delmo is an innovative and dynamic group and is attractive because of its diversity, vision, service and quality. It’s an ideal fit and our new Melbourne firm will be called McLean Delmo Bentleys for a transitional period”.

Managing partner, John Delmo commented:

“Over the last year, we have been deciding on our best approach to growth and felt that becoming a national brand was a priority in our growth strategy. This will assist us in generic growth as well as possible merger/acquisition opportunities.”

Mr Delmo said the firm would benefit from synergies that would come from Bentleys’ deep client base of small and medium enterprises, family businesses, listed entities, professionals, high net-worth individuals and government:

“Bentleys has expert knowledge in a number of key sectors similar to McLean Delmo and the combined resources can strengthen our exposure to where we’re looking to grow our business, including health and ageing, agribusiness, retirement villages, property and education. Our people have embraced the move because they are now part of a bigger business, they have access to national training and the potential of working with diversified clients from being part of a national brand.”

Bentleys will benefit from McLean Delmo’s Asian presence through which it provides advice to Australian businesses establishing in China – and Chinese businesses establishing in Australia – on local legislation and business practices.

Bentleys is interested in expanding its footprint throughout Australia and plans to appoint new firms in major urban centres as part of its growth strategy. Bentleys has offices in Brisbane, Sydney, Adelaide, Perth, Melbourne, Newcastle, Tamworth and Canberra.

Kreston CEO, Jon Lisby said “This consolidation is seen as a further step in progressing Kreston to a top ten Australian ranking within the next five years”.

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