Aca Nexia strengthens its involvement in the service of Associations and Foundations
News : the cabinet life
Aca Nexia strengthens its involvement alongside Associations and Foundations by integrating SFPB, an audit and consulting firm (15p), based in Paris and led by Hervé Le Tohic, which mainly works in two specific fields, Associations and collective investment schemes (CPBs). With this merger, Hervé Le Tohic turns a family page of 3 generations and becomes a partner of Aca Nexia.
SFPB has established itself as a recognized player in the social and solidarity economy and collaborates with associations and foundations, either as a chartered accountant and consultant or as an auditor with a dedicated team. As a result of this merger Aca Nexia doubles its presence in this sector with a portfolio of more than 130 clients. The SFPB team will join Aca Nexia’s offices in September 2018.
In the social and solidarity economy, non-profit entities play a vital role in the involvement of citizens who wish, whether volunteers or not, to join forces to best meet needs of social utility. Aca Nexia therefore develops its ability to invest in helping the entities of the sector to meet the same requirements as a company in terms of organization, monitoring and management with strong specificities in the areas of administrative and financial management, tax and social issues, which require expertise, organization and adapted tools.
Thanks to this merger and its organic growth, Aca Nexia is expected to reach € 30m of fees (in annual pro forma) for the current financial year (31/8/18) with a workforce of around 240 people. Aca Nexia serves more than 1,600 clients, ETI, SMEs, Associations and Foundations, in auditing, accounting, transaction services, operational consulting and social management. Aca Nexia experts provide their clients with relevant solutions in the accounting and financial fields and accompany them to implement them.