Meyers Norris Penny

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MNP LLP
Type Limited Liability Partnership
Industry Professional Services
Founded Brandon, Manitoba, Canada (1958)
Founder(s) Ron Meyers, Dave Norris, Don Penny
Headquarters 715 5th Ave. S.W.,
Calgary, Alberta, Canada
Area served Canada
Key people Daryl Ritchie (CEO)[1]
Services Assurance & Accounting[2]
Consulting
Corporate Finance
Enterprise Risk
Insolvency
Investigative & Forensic Services
Succession
Tax
Training Solutions
Valuation
Revenue Increase CAD$ 487 million (2013)[3]
Employees 3,200 (2013)
Website mnp.ca

MNP (previously known as Meyers Norris Penny) is one of the largest full-service chartered accountancy and business advisory firms in Canada. MNP's head office is in Calgary, Alberta, and has offices from Vancouver Island to Montreal. With over 3,200 staff and $487M in revenue, MNP is currently ranked as the fifth-largest professional service firm in Canada, the largest domestic-only firm and for the past three years the fastest-growing large firm in the country.[4]

History[edit]

Early History[edit]

MNP Office Building at Canwest Place in Winnipeg

The roots of MNP LLP date back to 1945, when Winnipeg-based Laird, Sprague & Co opened an office in Brandon, Manitoba. The Brandon office became independent in 1957 when the balance of Laird, Sprague joined Montreal's McDonald Currie & Co. (McDonald, Currie also merged into Coopers & Lybrand in 1957, eventually becoming what is now known as PWC[5]). Ron Meyers acquired full ownership of the Brandon office in 1958, and renamed the firm Meyers Dickens Norris Penny & Co. (MDNP) in 1969.[6]

Recent History[edit]

Significant Mergers and Acquisitions[edit]

In 2010, Meyers Norris Penny took over PwC's personal insolvency practice, for all locations west of Atlantic Canada.[7]

In 2012, MNP acquired Toronto-based public sector consulting firm PSTG.[8]

In 2012, MNP merged with Tyce Carle-Thiesson (TCT), a Nanaimo-based chartered accounting firm.[9]

Structure[edit]

MNP is a Limited Liability Partnership. It conducts business under MNP LLP as well as a number of wholly owned subsidiaries such as MNP Corporate Finance Inc.[10]

MNP and Praxity[edit]

Praxity Logo

In 2010 MNP joined Praxity, a global alliance of independent professional services firms. Praxity is a not-for-profit entity under Belgian law with its headquarters based in London, England.[11] Praxity consists of 69 participating firms, with a combined staff of over 33,400 employees and annual combined revenues of US$4.3B.[12]

Name and Branding[edit]

MNP Office Building at the Bell Tower in Downtown Edmonton

Throughout its history, MNP LLP has operated under a number of names:

  • 1958-1969: Laird, Sprague & Co.[13]
  • 1969-1972: Meyers Dickens Norris Penny & Co.[14]
  • 1972-1997: Meyers Norris Penny & Co.[15]
  • 1997-2011: Meyers Norris Penny (MNP).[16]
  • 2011-: MNP LLP[17]

Current Branding[edit]

Services[edit]

Staff[edit]

MNP Office Building at Bentall 4 in Downtown Vancouver

MNP has been recognized as one of the Best Employers in Canada from 2008 to 2014. Announced by AON Hewitt, the award recognizes Canadian organizations that have created an exemplary workplace environment.[18]

Sponsorship[edit]

Sports Sponsorships[edit]

MNP has multi-year partnership agreements with the Toronto Blue Jays, Montreal Alouettes and Saskatchewan Roughriders.[19]

See also[edit]

References[edit]

  1. ^ [1]
  2. ^ [2]
  3. ^ [3]
  4. ^ [4]
  5. ^ http://www.pwc.com/ca/en/about-us/our-history/index.jhtml
  6. ^ Okerlund, Lana (2006). Finding Our Way: The Meyers Norris Penny Story. Calgary, Canada: Meyers Norris Penny LLP. p. 6. ISBN 0978192605. 
  7. ^ MNP Acquires PwC's Personal Insolvency Practice
  8. ^ PSTG Merges with MNP
  9. ^ TCT Merges with MNP
  10. ^ [5]
  11. ^ MNP and Praxity
  12. ^ [6]
  13. ^ Okerlund, Lana (2006). Finding Our Way: The Meyers Norris Penny Story. Calgary, Canada: Meyers Norris Penny LLP. p. 6. ISBN 0978192605. 
  14. ^ Okerlund, Lana (2006). Finding Our Way: The Meyers Norris Penny Story. Calgary, Canada: Meyers Norris Penny LLP. p. 14. ISBN 0978192605. 
  15. ^ Okerlund, Lana (2006). Finding Our Way: The Meyers Norris Penny Story. Calgary, Canada: Meyers Norris Penny LLP. p. 19. ISBN 0978192605. 
  16. ^ Okerlund, Lana (2006). Finding Our Way: The Meyers Norris Penny Story. Calgary, Canada: Meyers Norris Penny LLP. p. 51. ISBN 0978192605. 
  17. ^ MNP Name Change
  18. ^ http://www.aon.com/canada/products-services/human-capital-consulting/consulting/best_employers/bes_the_winners.html
  19. ^ "MNP outpaces top firms". The Bottom Line (Canada). April 2014. 

External links[edit]