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Azets Ireland to Merge with PKF O’Connor, Leddy & Holmes

Azets Ireland, a professional service firm, has disclosed its merger with PKF O’Connor, Leddy & Holmes, marking a significant collaboration under the Azets brand. With over 100 employees across offices in Dublin and Waterford, PKF O’Connor, Leddy & Holmes has a rich history of 60 years, offering comprehensive audit, accountancy, tax, and advisory services. On the other hand, Azets Ireland focuses on catering to the requirements of mid-market enterprises, entrepreneurial ventures, as well as family-owned businesses. This merger is expected to substantially expand Azets Ireland’s operations in Ireland, effectively doubling its size in the region.

In March of last year, the company announced its intention to expand its workforce to over 220 employees by the conclusion of 2024. Today’s announcement accelerates this plan, ensuring that the firm reaches its target a full year ahead of schedule. As part of its latest strategy, the company anticipates employing 400 individuals by the close of the following year. Neil Hughes will continue in his role as CEO of Azets Ireland, while Donal O’Leary, the current Managing Partner at PKF O’Connor, Leddy & Holmes, will take on the position of Chairman. Neil Hughes, CEO of Azets Ireland, described the merger as a transformative moment for Ireland’s professional services landscape, highlighting the enhanced capabilities to better support clients in navigating an ever-changing business environment.

“With increasing wages, emerging regulatory requirements, elevated interest rates, and a decelerating economy, our clients are in greater need of expert guidance than ever before,” he emphasized. Donal O’Leary, the Managing Partner of PKF O’Connor, Leddy & Holmes and the incoming Chairman of Azets Ireland, expressed that the merger signifies a significant opportunity for the firm. “Furthermore, it offers an even more substantial chance to assist underserved mid-market enterprises that are burgeoning and established leaders within their respective industries in Ireland,” he noted.