Full coverage: Accountancy

Ormsby & Rhodes, which has revenues of over €7 million and a team of 50 staff, is now teaming up with AAB. It is joining a group with combined revenues of more than €120 million and 1,000 people.

The firm's partners voted unanimously to merge with its private equity-backed US counterpart but some have decided to move on once the deal is concluded, including its chair Sinead Donovan, who explained her reasons to The Currency.

New Mountain Capital, the bankroller behind Grant Thornton's Irish and US merger, weighed up adding the UK arm too – but another private equity firm has beaten it to the punch.

Ryan McCarthy will replace Seamus Hand as managing partner of KPMG next May. He explains why he went for the role, outlines areas of growth for the firm, and talks about the changing accountancy landscape.

Feargal McCormack built one of the largest accountancy firms in the North from the ground up, before selling it to private equity. He talks about his journey, how Brexit impacted Anglo-Irish relations and maintaining “work-life harmony”.

Deloitte is now the largest professional services network in the world and one of the big-four firms in Ireland. Managing partner Harry Goddard talks about its record financial performance, its future strategy and investing in Ireland.

Over the last five years, The Currency has sought to chronicle the business of accountancy in Ireland. We have spoken to the key figures in the sector, from managing partners to industry leaders. We have also written extensively on the wave of consolidation within the industry, and the impact of private equity in the sector.

Under his watch, Ifac has increased revenues from €15m to almost €40m through growth and acquisition. Now John Donoghue plans to make the farmer-owned accountancy co-op a dominant player in the SME market.

Having acquired a majority stake in Grant Thornton’s US business, Dublin is a next logical step for New Mountain Capital. However, any transaction involving the firm’s Irish operation will be complex.

Grant Thornton's UK arm is considering taking on PE investment, a move that has become familiar in the US. Could its Irish business also come into play?