Meyers Norris Penny

MNP LLP (Formerly Meyers Norris Penny LLP)
Type	Chartered Accountant and Business Advisory Firm
Industry	Accounting; Professional Services; Tax; Consulting
Founded	1945
Headquarters	Calgary, Canada
Key people	Daryl Ritchie, CEO
Revenue	CAD 430 Million, 2012
Employees	3200
Website	www.mnp.ca/

MNP (previously known as Meyers Norris Penny) is one of the largest chartered accountancy and business advisory firms in Canada, serving mid-market clients throughout the country. MNP is widely known for providing client focused accounting, tax and business advisory services. Originally established in 1945 as a single office accounting firm, it has grown into a national firm serving clients throughout Canada and is currently ranked as the 7th largest firm in the country and the 5th largest integrated accounting services firm in Canada. It was the fastest growing firm in Canada in 2011 and 2012, in part organically and largely through mergers in Ontario and Quebec.^[1]

"One of the Best Employers in Canada" [edit]

Best Employer 2012 [edit]

In 2011, MNP was recognized as one of the best employers to work for in Canada for the fourth consecutive year. The national award was announced in Maclean's magazine and ranks Canadian organizations that have created an excellent workplace for staff. MNP has climbed up the ranks, placing 31st out of 50. 251 employers participated in the 2011 study. The list prepared by Aon Hewitt is primarily based on survey responses of over 134,000 employees at these various Canadian organizations. Aon Hewitt is one of the leading providers of human capital and management consulting services in the world. Aon, the parent company of formerly known Aon Consulting Worldwide, bought its rival Hewitt Associates to create Aon Hewitt.^[2]

Best Employer 2013 [edit]

MNP LLP (MNP) has been recognized as of one of the Best Employers in Canada for the fifth consecutive year. Announced by Maclean’s magazine,^[3] the award recognizes Canadian organizations that have created an exemplary workplace environment.^[4]

Significant Mergers and Acquisitions [edit]

MNP Takes over PwC's Personal Insolvency Practice [edit]

On July 1, 2010, Meyers Norris Penny took over PwC's personal insolvency practice from its various locations all across Canada. The practices acquired were all the way from Quebec to the West Coast. The premise of the acquisition was to strengthen MNP's personal insolvency practice in central Canada. MNP also maintains a corporate insolvency practice in Canada through its various offices. In Atlantic Canada however, PwC has retained its personal insolvency practice.^[5]

MNP and Praxity [edit]

In 2010 MNP became a participating firm with Praxity, a unique global alliance of accounting firms. Praxity is a unique global alliance of like minded, independent, and high quality accounting firms. Each participating praxity firm provides excellent accounting and business services and has an in depth knowledge of local markets and business environments. Praxity itself is a Non for Profit entity under the Belgium law with its headquarters based in London, England.^[6]

PSTG Merges with MNP [edit]

Effective October 1, 2012, Toronto-based firm PSTG, specializing in serving the public sector, merged with MNP. While MNP was looking to expand its public sector practice, PSTG was looking for an opportunity to provide clients with more services. David Little, President and CEO of PSTG commented, “The merger of MNP and PSTG will instantly bring a powerful set of capabilities and a much needed freshness and energy to the public sector consulting market in Southern Ontario, and across Canada. We will now have all of the skills and experience to guide clients through the toughest transformation projects, and will equal any of the traditional consulting firms in terms of depth and expertise. This is an extremely strong alliance.” The PSTG team of 13 will move into MNP’s downtown Toronto location at 701 - 85 Richmond Street West.^[7]

Tyce Carle-Thiesson Merges with MNP [edit]

Tyce Carle-Thiesson (TCT), a Nanaimo-based chartered accounting firm will merge with MNP LLP, one of Canada’s largest chartered accountancy and business consulting firms, effective December 1, 2012. TCT said they were looking for an opportunity to expand service offerings for their clients, while MNP was looking to add more resources to better serve the Vancouver Island marketplace.^[8]

Official Name Change [edit]

As of June 6, 2011, Meyers Norris Penny LLP officially changed its name to MNP also incorporating a new logo as part of the change. Clients and employees likewise have become accustomed in referring to the firm as MNP. CEO Daryl Ritchie decided it was time to make it official.^[9]

Community Events [edit]