Press release by Praxity – ?FJL CPAs (formerly known as Fuller Jenks Landau) -a Timmins-based accounting firm — will merge with MNP LLP, one of Canada’s largest accounting and business consulting firms, effective June 1, 2016. While FJL was looking for an opportunity to offer more specialty services to its clients, MNP was looking to expand in northeastern Ontario.
"Since entering the Ontario marketplace for the first time in 2008 in Toronto, MNP has added 12 more locations across Ontario. In building on our strategic plans for growth in northeastern Ontario, we had been looking for a like-minded firm in Timmins and could not be more pleased that FJL will join the MNP family," said Jeremy Cole, MNP’s Executive Vice President for Ontario and Quebec. "As the economy of Timmins grows, so do the needs of the business community and we recognize that both the business community and our firm have an opportunity to grow together."
FJL has continued to grow since its inception in 1985 and recognized joining MNP would offer them more resources while enhancing the specialty services they can provide to their clients.
"With experts in corporate finance, cross-border taxation, accounting, consulting and risk management — locally, across the country, as well as through affiliates around the globe — MNP enhances our ability to ensure our clients maximize returns and reduce risks in every area of their business," said Alan Letourneau, Partner, FJL.
MNP is one of the largest national accounting and business consulting firms in Canada and has more than 3,500 team members from Victoria to Montreal. In addition to tax and accounting expertise, MNP delivers a diverse range of advisory services, including consulting, enterprise risk, corporate finance, valuation and litigation support, succession planning, estate planning, insolvency and restructuring, investigative and forensic accounting, cross-border taxation and more.
FJL is a well-established firm which has provided professional accounting services to a wide range of clients in diverse industries throughout northeastern Ontario since 1985. The firm consists of three partners — Paul Rokeby, CPA, CA; Alan Letourneau CPA, CA; and Ginette Nakashoji, CPA, CA, another 12 professional and support staff and three co-op students.
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MNP credits its strategic mergers and acquisitions, organic growth, value-added services and corporate culture for catapulting the firm to lead with the highest year-over-year growth rates of any of Canada’s top accounting firms for more than eight years straight.
"To maintain our corporate culture, we have been very strategic about who we invite to join our team," explained Cole. "We carefully guard our corporate culture and as a result, we have a low client and employee turnover and are attracting some of the brightest professionals in our industry. We are looking forward to joining forces with the FJL team."
What appealed to Letourneau about MNP, was the fact that not only has the firm been around more than 50 years serving a diverse range of clients but the firm has also been recognized as one of the 50 Best Employers in Canada by the AON Hewitt for eight consecutive years. "MNP has an organizational culture and values founded on an unwavering commitment to people; creating a great place to work and do business, where a healthy balance between home and work life are at the core of how business is run. Our team is truly excited to be a part of the MNP family" added Letourneau.
The FJL team of 18 will remain in their current location at 172 Algonquin Boulevard East in Timmins, which will be rebranded as MNP as of June 1, 2016.