The Scotsman

Accountanc­y firm expands to Dundee

● Practice to tap into city’s tech and life sciences scenes with 12th Scots site

- By HANNAH BURLEY

Johnston Car michael has launched an office in Dundee as part of its strategic expansion, boosting its total Scottish footprint to a dozen sites.

The Scottish accountanc­y and business advisor y firm has establishe­d a new hub to support the city’s key sectors, including its burgeoning tech and life sciences industries.

Its team will be based in Dundee One, the landmark building set at the city’ s central waterfront. The expansion brings the numb er of offic - es operated by Johnston Carmichael across Scotland to 12, and supports its existing Forfar and Perth practices.

The practice will aim to tap into the growing activity in the creative and digital industries in Dundee, which it described as one of Scotland’ s“most ambitious” cities. Dundee is the UK’S first Unesco’s City of Design and home to the first V&A outside of London.

A recent report by entreprene­ur network Tech Nation estimated that Dundee’s digital technology sector added more than £200 million to the economy in 2017 and supported upwards of 2,500 jobs.

Johnston Carmichael said its team will also target businesses from other key sectors including food and drink and agricultur­e.

Sir Pete Down es, former principal and vice - chancellor of The University of Dundee and a leading figure in the pharmaceut­ical industry, has been appointed as a senior adviser to the firm to support this expansion.

Downes said: “Johnston Carmichael is a highly ambitious firm with the experience and knowledge to help Dundee’s businesses to achieve their growth plans.

“We now have a world class attraction in the form of the V&A, but this is just the start of the journey for Dundee.

“I am pleased to be working in partnershi­p with Johnston Carmichael as it seeks to harness the collective strength of the city and create a community that will generate economic opportunit­ies for all.”

Recently ap po in te dJ enn Stewart, who joins Johnston Carmichael as a restructur­ing director, will be based at the new practice. Stewart has worked in Dundee for 12 years and is a licensed insolvency practition­er, with “a wealth of experience” across the corporate and personal insolvency field.

Innovation­s taxes senior manager Andrew Mcmillan, business advisor y manager Ryan Milne, head of entreprene­urial taxes Andrew Holloway and head of technology and life sciences Shaun Millican will also be based in the office.

Andrew Walker, board member and partner at Johnston Carmichael, who has led the establishm­ent of the office, said :“Dundee has an extraordin­ary technology community spanning gaming, life sciences and manufactur­ing with an exciting academia producing dynamic spin -outs.

“Opening in Dundee is a very important and symbolic milestone in our firm’s growth and developmen­t.

“We have long harboured ambitions to build a strong presence in one of Scotland’s largest and most ambitious cities.

“We will be using our expertise and deep knowledge of the technology sector to support the city’s businesses at all stages of their growth journey from star t-ups to scale -ups, helping them to prosper and progress.”

“Opening in Dundee is a very important and symbolic milestone in our firm’s growth and developmen­t”

hannah.burley@jpimedia.co.uk

 ?? PICTURE: ALAN RICHARDSON ?? 0 Sir Pete Downes (third from left) with the firm’s Dundee team at the V&A
PICTURE: ALAN RICHARDSON 0 Sir Pete Downes (third from left) with the firm’s Dundee team at the V&A

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