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| New EY Oceania partner Henry Kazar |
In a note to clients last Thursday, firm principals Henry Kazar and Michael Slaven said the transaction would be completed by the end of the month.
"We’re pleased to advise you that the professional services firm Ernst & Young (EY), has moved to acquire Kazar Slaven," the pair said.
"The acquisition is intended to be completed by the end of September 2015. Following completion, we will both join EY Oceania as partners, and 11 Kazar Slaven employees will be made offers of employment by EY."
According to the Kazar Slaven website the firm has 18 partners and staff. Four have the surname Kazar.
Interestingly, while the note acknowledged the potential for a shift to accommodate EY's creditor-based specialisation, it also assured its existing, personal insolvency-focussed network that these relationships remain paramount.
Interestingly, while the note acknowledged the potential for a shift to accommodate EY's creditor-based specialisation, it also assured its existing, personal insolvency-focussed network that these relationships remain paramount.