The transaction is expected to be effective from 15 February.
Listed advice group CountPlus has announced their subsidiary firm Moggs Accounting + Advisory has acquired Shepparton-based accounting firm Timothy Trevor Gubbins.
Rodney McLeod, managing principal at Moggs, said the acquisition would benefit communities in regional Victoria.
“This acquisition is a terrific outcome for our clients as we add expertise and experience to our growing business,” Mr McLeod explained.
“We understand the unique needs faced by communities in regional Victoria and look forward to reinforcing Moggs’ outstanding reputation for delivering positive client outcomes.”
CountPlus chief executive officer, Hugh Humphrey, commented that the acquisition formed part of the advice group’s strategic growth objectives.
“At CountPlus, we identify quality businesses that can add value to our existing member community and have the resources to make these transactions happen. This acquisition is a terrific outcome for our people and our clients,” Mr Humphrey concluded.
The transaction comes after CountPlus announced an expansion to its acquisitions pipeline last November.
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