Modoras Group further strengthens capabilities through the acquisition of Downes Barrington Northside
Modoras Group has confirmed Downes Barrington Northside (DBN), one of Sydney’s most respected integrated chartered accountancy and financial advisory firms, joined the growing group in January 2018.
Downes Barrrington was acquired and will operate as Modoras Downes Barrington, with the firm’s recognised expertise in complex Estate Planning set to complement Modoras’ cumulative expertise and skill set.
Founder and Managing Director of Modoras, Peter Sarai said the deal immediately fortifies Modoras’ national footprint.
“Whilst it remains business as usual, the partnership cements our presence in Sydney and offers new opportunities in our established markets of New South Wales, Queensland and Victoria.
“Increasing our footprint across Sydney, Melbourne and Brisbane is an important part of our growth strategy that will sustain our local relationships and open up opportunities across our networks,” said Mr. Sarai.
“It makes sense to grow our presence in Sydney as it, along with Melbourne, is the home of many businesses’ head offices and large listed companies.
“The natural synergies and complementary strengths between Modoras Group and Downes Barrington will deliver a stronger, more integrated proposition for all of our clients.
“In particular, DBN’s expertise in the field of Estate Planning will add to our offer.
“We are excited about the opportunities this new partnership provides for our clients and I look forward to realising synergies to supply high-end, complex integrated chartered accountancy and financial advisory services.
“Culturally we are very much aligned with the Downes Barrington team. For some time, they have been looking at a client holistically and always think; how can I take this client to the next level.
“No matter what your level, whether you are Alan Joyce, a Chairman, running a SME or a sole trader, people are always concerned with their personal wealth as well as growing their business.
“And that’s where the Modoras network comes in to play. Our goal is, and always will be, to take people and their businesses to the next level financially, personally and professionally.
“Our plan is to make the difference to our client’s life so they can experience their lifestyle potential.”
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