Mack Partners is a former Yellow Brick Road franchisee located in Bankstown, and will now be rebranded as ‘CN Bankstown’.
The announcement is part of a continuing “significant expansion strategy” that has seen Chan & Naylor announce six regional joint venture partnerships in recent weeks – two in Victoria and four in South Australia.
Chan & Naylor group chief executive John Harriott said the expansion was part of the firm’s goal to provide “a holistic one-stop accounting and wealth advisory service in more suburban areas”.
Recent industry consolidation and “the emergence of several large sovereign players” is a problem for independent accounting firms and their clients, said Mr Harriott.
Mack Partners principal Peter Ristevski said he had been attracted to the national brand of Chan & Naylor.
“Having a national hub with the breadth of small business accounting and advisory services on offer from Chan & Naylor in the suburbs is a unique proposition,” Mr Ristevski said.
“CN Bankstown is well positioned to become an important advisory resource in the backyards of these small businesses.”
