Investing

Waterland owned firm invests in Irish accounting business Moore

The investment by Moore Kingston Smith is designed to aid the growth of Moore

Ned Murphy, managing partner of Moore, described the investment as transfromational. Picture: Moore

Waterland, the Dutch private equity giant, is investing in Moore, an Irish accounting firm, to facilitate its London-based business’ European operations following Brexit.

The value of Moore Kingston Smith's investment in Moore has not been disclosed.

Despite the similarities in name, Moore Kingston Smith and Moore shared no ownership prior to this investment although both were already affiliates of the Moore network.

Maureen Penfold, managing partner at Moore Kingston Smith, said the decision to invest ...