iscover
Hall Chadwick steams ahead with ‘aggressive’ growth strategy
The accounting firm has taken the next step in its global expansion mission with the addition of an Indonesian accounting and advisory firm to its network.
Hall Chadwick has acquired KAP Kanel & Partners (KAP), an Indonesian accounting and advisory firm, in a “significant milestone” part of its international growth strategy.
With the acquisition, over 100 staff from KAP were set to join the Hall Chadwick group, which was noted to be a strategic move in reinforcing Hall Chadwick’s commitment to the Asia-Pacific region.
Richard Albarran, Hall Chadwick managing partner, said the firm was heavily focused on establishing a robust physical presence in Indonesia and further strengthening the firm’s ability to provide seamless, cross-border financial and advisory services globally.
According to Hall Chadwick, KAP was based in Jakarta and had built a “formidable reputation” for delivering high-quality audit, tax, business advisory, and restructuring services.
Albarran said by joining forces, Hall Chadwick and KAP Kanel & Partners could combine local market expertise with the resources and reach of an international firm.
“We are thrilled to welcome KAP Kanel & Partners to Hall Chadwick. Indonesia is a vital market for many of our clients, and having a dedicated, highly skilled team in Jakarta allows us to offer immediate, high-level support for businesses operating between Australia, Asia, and the globe,” he said.
“This joining of forces is a testament to our shared values of integrity, excellence, and client-centric service.”
It was also noted that by joining with KAP, Hall Chadwick was growing its global footprint as the integration was the next step in an “aggressive” growth strategy.
The news of the recent acquisition comes after the firm also recently expanded into Singapore, Hong Kong, Taiwan, the United States, Korea, Dubai, and the UK.
This rapidly growing footprint allows the firm to better serve Australian and international clients with interests in key economic hubs around the world, according to Albarran.
Speaking about the acquisition, KAP Kanel & Partners managing partner, Ivan Kanel, said joining Hall Chadwick was an exciting new chapter for the firm.
“It allows us to leverage the extensive resources and global network of Hall Chadwick while continuing to provide the personalised, expert service our clients in Indonesia expect,” Kanel said.
“Together, we are uniquely positioned to help businesses navigate the complexities of the regional and global marketplace.”
About the author
