UHY Hacker Young has announced the expansion of its automotive team with the appointment of experienced ex-ASE partner Ian McMahon.
McMahon specialises in due diligence, SME advisory, statutory audit and OEM and network studies and will bring over 20 years’ experience in the automotive sector to his new role as a partner within the Manchester-based advisory firm.
His move comes four months after ASE Automotive Solutions was acquired by Canadian software investment firm Valsoft.
Commenting on his new role, McMahon said: “I’m delighted to announce that I have joined the UHY Automotive team, to further enhance the practices sector leading advisory and assurance offering to dealers and OEMs alike.
“2021 has been a unique year for retailers, with the constant upwards trend on used car residuals, new car supply constraints and the ever changing ‘best-practice’ approach to customer experience and interaction.
“I can think of no better industry to deal with this fast-paced change, and I am very much looking forward to reconnecting with my contacts in the industry”.
UHY Hacker Young currently advises in excess of 75 automotive clients across the UK.
Earlier this year it appointed Ryan Wear as its new audit partner as part of its plans for further growth in 2021.
David Kendrick, UHY’s national head of automotive, said: “With the appointment of Ryan last year and now Ian joining us, this really does give us a vastly experienced leadership team.
“Ian’s knowledge and experience will be invaluable as we look to develop the business into 2022.”