independent Chartered Accountants Anderson Anderson & Brown LLP (AAB) have made their first acquisition, John F Daly Associates Ltd (“JDA”).
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JDA specialise in providing joint venture (JV) and contract audit services to a number of upstream exploration and production (E&P) companies through their team of associates, all of whom are highly experienced Finance professionals with a wealth of industry knowledge. JDA is an international business and in addition to the UK and Europe, it has completed assignments in Africa, Asia, Australia and South America.
John Daly continues to work in the business as a consultant and lead auditor alongside AAB Director, Ian McPherson who has responsibility for the day-to-day operations.
Commenting on the acquisition AAB’s Managing Partner Mike Brown said “John has built a company with a fantastic reputation within the E&P sector and his team of associates all have extensive accounting and audit experience gained with major oil companies both in the UK and overseas.
As we enter 2015, the sector faces some real challenges but we see great opportunities to help our E&P clients streamline their operations and reduce their costs. The services provided by JDA will complement those we currently deliver principally through our Outsourcing and Integrated Employment Solutions team.
We are looking forward to working with John and his team of associates to enhance the services which we can offer to our clients.”
John Daly added “Having been a client of AAB since I started my business twenty five years ago I know from my own personal experience with the AAB team that the business is in safe hands. AAB provide a high quality service which delivers value to their clients and I am delighted that they will continue to drive the JDA business forward.”