Simon Massey, managing partner at Menzies talks to Sara White about M&A plans, importance of independence, recruitment pressures and the problem with HMRC
Aiming for £200m in revenue by 2030, Menzies has set ambitious growth plans in its new five-year strategy with a focus on mergers and acquisitions, primarily focused on opportunities in the south of England, its area of strength, and funded from within as there is no temptation to fall for the lure of private equity.
This financial year Menzies is on track for revenue around the £80m run rate when FY25 ends later this month, building on the ranking of 26 in the Top 75 Firms 2025 where revenue was £71.5m in FY24, up 22% year on year. Expansion is definitely high on the agenda at the firm which has eight offices around the southeast of England and over 700 staff.
If Menzies keeps on track with its organic growth and acquisitions programme it expects to increase revenue by double figures when it signs off the current financial year, which would mark a doubling of fee income in just five years.
