MNP is one of the largest full-service chartered accountancy and business advisory firms in Canada. MNP's head office is in Calgary, Alberta, and has offices from Vancouver Island to Halifax. With over 4,500 staff, MNP is currently ranked as one of the largest professional service firms in Canada.
History
Early history
The roots of MNP LLP date back to 1945, when Winnipeg-based Laird, Sprague & Co opened an office in Brandon, Manitoba. The Brandon office became independent in 1957 when the balance of Laird, Sprague joined Montreal's McDonald Currie & Co.. Ron Meyers acquired full ownership of the Brandon office in 1958, and renamed the firm Meyers Dickens Norris Penny & Co. in 1969.
Recent history (mergers and acquisitions)
In 2010, Meyers Norris Penny took over PwC's personal insolvency practice for all locations west of Atlantic Canada. In 2011, Meyers Norris Penny merged with WSBG LLP, a Montréal-based accounting and business consulting firm, establishing a presence in Quebec and entered the technology consulting business with the merger of Greenridge Business Systems Corporation, a Winnipeg-based technology firm with offices in Ontario, Manitoba and Alberta. In 2012, Toronto-based public sector consulting firm PSTG was acquired. followed by a merger with Tyce Carle-Thiesson , a Nanaimo-based chartered accounting firm. In 2013, the Wade Group, a Burlington-based professional services firm. was acquired as well as Buset Sarvas Mozzon, a Thunder Bay-based accounting firm., MSCM, a Toronto-based accounting, tax and advisory firm., Laing & Rohr, an Oshawa-based accounting and business consulting firm. and Laberge Venne & Partners , a Sudbury-based accounting firm. In 2014, MNP merged with McLarty & Co, Ottawa. In 2015: Draganjac Pressman, Etobicoke. Tiani Adams & Company Inc., Prince George, BC., and KNV Chartered Accountants LLP, Surrey, BC. In 2016: Bennett McMahon Stillar, Brockville. and Ross Pope LLP, Timmins, Ontario. In 2017: WBLI LLP, Halifax, JMA Group, Oakville, Ontario. In 2018: Collins Barrow KMD, London, Ontario, and Craig Keen Despatie Markell LLP, Cornwall, Ontario. In 2019: Roberts Marlowe Jackson & Jackson , Oshawa, Ontario. In 2020: Next Digital Inc., Edmonton, Alberta
In 1996, after merging with Brandon, Manitoba-based BDO and Edmonton-based Miller, McClelland Limited, Meyers Norris Penny & Co. decided to create a subsidiary to incorporate their insolvency practice. On June 6, 2011, that subsidiary officially became MNP Ltd. As a subsidiary of MNP LLP, MNP Ltd. offers consumer insolvency services including consumer proposals, personal bankruptcy and credit counselling as well as a range of bankruptcy alternatives like debt consolidation, orderly payment of debts, informal debt settlement, payday loans and credit extensions. Its corporate recovery and restructuring services are broadly divided into three categories: Debtor Services, Creditor Services and Other Services. MNP Ltd.’s Licensed Insolvency Trustees are licensed with the Office of the Superintendent of Bankruptcy Canada, a division of the Canadian Ministry of Innovation, Science and Economic Development and participate in various committees, marking centres and education components with the Canadian Association of Insolvency and Restructuring Professionals. Trustees have also sat on exam panels and had active roles as presidents and chairs of various provincial bodies and the national body of CAIRP. MNP has been recognized by Aon Hewitt as one of Canada's 50 Best Employers every year consecutively since 2009 and its regional offices have won a number of Consumer Choice Awards in the Trustee in Bankruptcy category:
Winnipeg office won three consecutive years between 2012 and 2015.
In 2010 MNP joined Praxity, a global alliance of independent professional services firms. Praxity is a not-for-profit entity under Belgian law with its headquarters in London, England. Praxity consists of 65 participating firms, with a combined staff of over 35,400 employees and annual combined revenues of US$4.4B.
Name and branding
Throughout its history, MNP LLP has operated under a number of names:
1958–1969: Laird, Sprague & Co. 28
1969–1972: Meyers Dickens Norris Penny & Co.
1972–1997: Meyers Norris Penny & Co.
1997–2011: Meyers Norris Penny.
2011-: MNP LLP
Services
MNP offers accounting and business consulting services including assurance and accounting, consulting, corporate finance, enterprise risk, insolvency, investigative and forensic services, succession, tax, training and valuation.
