Globetrotter builds the all-powerful legal firm

Article Abstract:

London-based accountant Paul Downing is seeking companies across the world which want to merge with PriceWaterhouseCoopers' legal network. He hopes that the organisation will have established an international reputation by 2004.

Mergers, acquisitions and divestments, International aspects, PricewaterhouseCoopers L.L.P. (New York, New York)

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Small firm plans to roll up and float

Article Abstract:

Melbourne-based chartered accountant Madder and Co. is using a pooled development fund, expected to be worth A$40 million by 2005, as a means of rolling up and floating of around 15 small accounting firms within a year.

Finance, Accountants, Madder and Co.

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Middle-sized business prove a happy hunting ground for a go-ahead firm

Article Abstract:

The Australian accounting firm Pitcher Partners was created by former partners of KPMG Peat Marwick's Melbourne office. The partners brought many small- to mid-sized business clients with them from KPMG with fee income of A$14 million. Fee income has now increased by almost 60% to of A$22 million, and fee income of A$24 million is forecasted for the current fiscal year.

Management, KPMG Peat Marwick L.L.P., Pitcher Partners

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