Press release by UHY

New member firm in Cameroon joins the UHY network

We welcome, BBI Advisory & Audit, our new member firm in Cameroon, to the global accountancy network UHY, extending our coverage within the EMEA region.

BBI Advisory & Audit based in Douala with further offices in the capital Yaoundé and in Limbé, provide a full range of services including audit and assurance, business advisory and accounting, corporate finance and corporate tax services to a diverse portfolio of clients.

Managing partner Isaac Joel Bela Belinga says: "Africa has become the destination for emerging market investors and as one of the region's highest performing economies; Cameroon has high potential for growth and a wealth of natural resources. We are delighted to become part of the UHY global network which matches our commitment to deliver quality services and enhances the services and advice we can offer our clients. It not only strengthens our own capabilities, locally and internationally, but also those of our current and potential clients.”

Bernard Fay, chairman of UHY comments: “BBI Advisory & Audit’s membership of UHY reinforces our footprint in the EMEA region and strengthens UHY’s regional market expertise and capabilities to support clients’ needs and opportunities in one of the region's highest performing economies. We are delighted to welcome BBI Advisory & Audit to the UHY network.”

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The firm is in the process of adopting the UHY branding and will be known as UHY BBI Advisory & Audit.

UHY Advisors returns to Connecticut Market with acquisition of Business valuation and tax planning firms

UHY Advisors and UHY LLP (“UHY”) today announced that they will add to their portfolio in the Northeast with the acquisition of the professional services firm Pratesi, Salemi & Company LLC and the valuation firm Brentmore Valuation Advisors, located in West Hartford, Connecticut. Both firms will operate under the UHY banner effective November 4, 2016.

The acquisitions mark a return to Connecticut for one of the nation’s largest and fastest growing accounting firms, which last maintained a practice in Hartford in 2010. The new practice will enhance and complement UHY’s current service offerings of tax planning and consulting services, and business valuation.

“We are pleased to welcome the skilled teams at Pratesi, Salemi & Company and Brentmore Valuation Advisors to the UHY network as we re-enter the Connecticut market. Their addition is an opportunity for us to take advantage of the organic growth opportunities available to us in the Northeast while bringing UHY’s signature brand of service to businesses and organizations in the Greater Hartford area,” said Anthony P. Frabotta, chairman and chief executive officer, UHY Advisors, Inc. “We look forward to continuing to provide clients with the highest quality of service in our role as their most trusted advisor.”

All 10 associates of Pratesi, Salemi & Company LLC and Brentmore Valuation Advisors are expected to continue in their roles. The firm’s office will remain at 18 North Main Street in West Hartford. 

“We are excited to bring our ‘next level of service’ to clients in Connecticut and to supplement our expertise in tax, consulting and business valuation with the talent and skill that resides among these two highly acclaimed firms,” said Michael Mahoney, UHY Advisors Northeast Regional Leader. “With a history spanning more than 50 years, we are proud to have forged meaningful relationships with clients across the Northeast, and look forward to expanding similar partnerships with businesses across the Greater Hartford region.”

UHY Advisors together with UHY LLP was recently recognized by INSIDE Public Accounting (IPA) as one of the top 10 fastest growing accounting firms of 2016, based on the IPA Annual Survey and Analysis of Firms.

New member firm in Afghanistan joins the UHY network
We welcome, Ahmed Hassan Naeem Chartered Accountants, our new member firm in Afghanistan, to the global accountancy network UHY, extending our coverage within the Asia-Pacific region.

Ahmed Hassan Naeem Chartered Accountants, with a team of 33 staff including 4 partners, is based the capital city of Kabul and was established with the support of the UHY’s member firm in Pakistan, UHY Hassan Naeem & Co. The partners bring extensive experience in audit, accounting, tax, and management consultancy combined with an inspiration to nurture talent and create a quality hub to cater for the ever increasing demands of their existing client portfolio and the wider business community in the region, including Iran and Tajikistan.             

Managing partner, Waqas Ahmed of Ahmed Hassan Naeem Chartered Accountants says: “We are based in an economy with a huge potential for future growth and this combined with the reputable UHY brand, regional knowledge and global resources will give our firm a competitive edge in Afghanistan and the wider region.”

Bernard Fay, chairman of UHY comments: “We are delighted to welcome Ahmed Hassan Naeem Chartered Accountants to the UHY network. The mineral rich Afghanistan is strategically located as a trade route between Central and South Asia. The firm’s membership extends our footprint in the Asia-Pacific region and strengthens UHY’s regional market expertise and capabilities to support clients’ needs and opportunities.”

The firm is in the process of adopting the UHY branding and will be known as UHY Ahmed Hassan Naeem, Chartered Accountants.

New member firm in Georgia joins the UHY network

We welcome, ABG Consulting, our new member firm in Georgia, to the global accountancy network UHY, extending our coverage within the EMEA region.

ABG Consulting, with a team of 106 staff including two partners, is based the capital city of Tbilisi, and was established in 2009. The firm provides a full suite of services including audit, bookkeeping, taxation, insolvency, corporate finance and advisory services to a diverse portfolio of local and international clients.

Managing partner, Teimuraz Barnabishvili of ABG Consulting comments: “We are based in an economy with a huge potential for future growth: Georgia is striving to become a go-to trade and logistics hub, especially with its impending membership of the EU. We hope our strong local expertise combined with the reputable UHY brand and global resources will give our firm a competitive edge in Georgia and the wider region to the benefit of our current and potential clients and their operations.

Bernard Fay, chairman of UHY comments: “We are delighted to welcome ABG Consulting to the UHY network. The firm’s membership reinforces our footprint in the EMEA region and strengthens UHY’s regional market expertise and capabilities to support clients’ needs and opportunities.”

The firm is in the process of adopting the UHY branding and will be known as UHY ABG Consulting.