Network of independent firms | |
Industry | Accountancy |
Founded | 1969 |
Headquarters | Executive Office in London, UK |
Products | Accounting, audit, tax |
Revenue | $2.08 billion USD (2016) |
Number of employees
|
21,000 |
Website | HLBI.com |
HLB International is an international network of independent professional accounting firms and business advisors, comprising member firms in 140 countries. HLB International member firms offer audit, accounting, tax and business advisory services.
HLB International is a leading mid-tier accounting network. As of 2016[update] the network has a total worldwide revenue of around US $2.08 billion. HLB International is a member of the Forum of Firms.
The network was formed in 1969. The current name was derived from Hodgson Landau Brands, which was based on some of the early members: Hodgson Harris, founded in 1877 by Robert Hodgson (UK), Mann Judd Landau, founded in 1926 as Fred Landau & Co by Fred Landau, (US) and Brands & Wolff (Netherlands). In the course of time, these three names all disappeared through mergers, and the network shortened its name to HLB International in 1990.
HLB is represented in over 140 countries on five continents. Between them, member firms have 2,210 partners and 20,100 staff in over 660 offices worldwide.
The founder firm in the United Kingdom, Fuller Jenks Beecroft & Co, merged with Mann Judd in 1975 and then left this network to join Touche Ross, which is now Deloitte. (In Australia and New Zealand, some firms with the name Mann Judd remain members of HLB.)
Hodgson Harris succeeded Mann Judd as the UK member, contributing the name Hodgson to HLB. By successive mergers this UK firm became Hodgson Impey, then Kidsons Impey, and was finally known as HLB Kidsons before leaving the network for Baker Tilly in London (not to be confused with Baker Tilly International) in 2002.
HLB then invited the listed company Numerica, an accountancy consolidator, to become its UK member. In 2005 Numerica, in financial difficulty, was mostly taken over by another listed consolidator, Vantis, which replaced it as the UK member of HLB. At the end of June 2010, Vantis also foundered, and was broken up.
Having been dependent for several years on the expansion plans of a public company, the network instead built a federation of local partnerships by the end of 2010, following its model in the US and elsewhere. Menzies (ranked 23rd in the UK), Hazlewoods (41st) and Lovewell Blake LLP (42nd) joined HLB from accounting network Praxity, followed by Hawsons.