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The move will enlarge the firm’s footprint in Perth and spur “considerable growth” it says.
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Carbon Group bonds with Kensington Financial
05 July 2023
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Carbon Group has formalised a merger with Perth-based Kensington Financial Group to bolster its presence in its home state of Western Australia.
It said the move followed several years of collaboration between the two firms and would result in the entire Kensington Financial Group relocating to the Carbon Group’s largest office in Osborne Park.
Carbon group said the merger would spur “considerable growth” in the state across its range of services including accounting, business advisory, bookkeeping and SMSF.
Carbon Group co-founder Nathan Hood said the two were a good fit in terms of their approach to clients.
“The merger with Kensington Financial Group is particularly exciting as not only are we welcoming them into the Carbon network, but we share a similar client philosophy,” Mr Hood said.
“This will enable us to hit the ground running and allow their clients to engage in our other key services.
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“This is a fantastic opportunity for Kensington Financial Group clients to see benefits quite quickly from the partnership.”
Kensington Financial Group director Wayne French welcomed “an exciting opportunity for our team and clients”.
“At Kensington Financial Group, client satisfaction is at the forefront of what we do and Carbon Group shares this sentiment,” Mr French said.
“We are looking forward to what this merger means for our clients and team and look forward to welcoming our clients to our new office.”
Carbon Group, which began nine years ago following a meeting between founders Nathan Hood and Jamie Davison, has grown quickly from one office in Perth to operations in all the mainland states.
Carbon Group was named Firm of the Year at the Australian Accounting Awards in both 2018 and 2020.
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