March 8, 2016

MNP enhances cybersecurity solutions with acquisition of NCI

CALGARY--MNP LLP, one of Canada's largest national accounting and business consulting firms, has added NCI, a cybersecurity services and solutions firm which will join MNP effective April 1, 2016.

"Cybersecurity is more than a technology issue, it's a critical business risk and one of the leading and growing business threats in the world," said Jason Tuffs, CEO, MNP. "As a firm, we wanted to enhance our services in cybersecurity for our clients and merging in a full-service cybersecurity firm of leading experts made the most sense. It's truly a win-win situation for both our firms and the clients we serve."

NCI was founded in 2000 by IT professionals Danny Timmins (CEO & President) and Eugene Ng (CIO). Their goal was to create a company that offered a full range of services and solutions related to cybersecurity. NCI has grown to include offices in Mississauga, ON and Montreal, QC, as well as satellite offices in Sydney, NS and St. John, NB.

As leaders in the cybersecurity industry, the firm has been recognized year-after-year with numerous awards, including: CRN Magazine's Top 25 North America 'Need to Know Security VAR' List, CRN Next – Gen 250 List, Branham 300 Top 10 Canadian ICT Security Companies, Branham 300 Top 20 Movers & Shakers, CDN Top 100 Solutions Providers, Profit 500 Canada's Fastest Growing Companies and Branham 300 Top 250 Canadian ICT Companies.

"MNP already had a growing technology consulting and cybersecurity practice, but was looking for a like-minded firm to build on their strategic plans for growth in offering cybersecurity services and solutions. At the same time, we were looking to expand our service capability across the country, while offering other specialty consulting and risk services to our valued clients," added Danny Timmins, CEO & President, NCI.

"MNP and NCI had discussed opportunities to work together over the last few years. As we got to know each other better, both firms grew quite impressed with each other's people, experience and expertise. This is a truly a mutually-beneficial union and we are very excited to have found the perfect firm, one that puts clients first, that will allow us to offer clients a greater breadth of services to address their growing business needs.

As a national accounting and business consulting firm operating for more than 55 years, MNP has grown to more than 80 locations with over 3,500 team members from Victoria to Montreal. In addition to tax and accounting expertise, MNP delivers a diverse range of advisory services, including corporate finance, valuation and litigation support, succession planning, investigative and forensic accounting, cross-border taxation, as well a full breadth of services in enterprise risk services, including governance, risk management, internal audit, regulatory compliance, business resilience and operational effectiveness.

Tuffs added that this merger will take MNP's Technology Solutions practice to a new level across the firm. "MNP focuses on strategic mergers for the benefit of our clients. This merger will allow us to build on our existing strengths and ensure we continue our client-focused approach to doing business while ensuring our clients are protected against growing cyber threats."

Timmins will become MNP's National Cybersecurity Leader and Ng will join as the firm's Cybersecurity Leader for Eastern Canada. Timmins expects the transition to be seamless for their team and clients. While the Montreal NCI staff will move into MNP's Montreal office, the remaining NCI locations, including their main office in Mississauga, will remain in their current locations.

MNP is one of the largest national accounting and consulting firms in Canada, providing client-focused accounting, taxation and consulting advice. National in scope and local in focus, MNP has proudly served individuals and public and private companies for more than 55 years.



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