CountPlus’ subsidiary buys Timothy Trevor Gubbins

Oksana Patron

27 January 2023

CountPlus has announced that its subsidiary, Moggs Accounting +Advisory, has acquired Victoria-based accounting firm Timothy Trevor Gubbins.

According to the announcement, Moggs has been providing financial services in the area for more than 40 years, and the firm said this acquisition has confirmed their position as one of the leading professional services firms in regional Victoria.

As part of the transaction, Timothy Gubbins, founder of the firm, is expected to remain with the business for a period of one year to help assist with an orderly transition.

“This acquisition is a terrific outcome for our clients as we add expertise and experience to our growing business. We understand the unique needs faced by communities in regional Victoria and look forward to reinforcing Moggs’ outstanding reputation for delivering positive client outcomes,” Rodney McLeod, managing principal at Moggs, said.

Also, the acquisition would benefit communities in regional Victoria, he added.

Hugh Humphrey, chief executive at CountPlus, also noted that acquisition formed part of the business’ strategic growth objectives.

“At CountPlus, we identify quality businesses that can add value to our existing Member community and have the resources to make these transactions happen. This acquisition is a terrific outcome for our people and our clients,” he added.

The effective date of the transaction is expected to be 15 February 2023.