MHA Revenue Grows 11% on Recurring Income Gains
Professional services firms can boost stability by integrating regional acquisitions and shifting toward recurring contracts.
Updated on Oct. 30, 2026 in Corporate Finance
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MHA reported £134.6 million in revenue for the first half of the 2026-2027 fiscal year ending 30 September 2026, marking an 11% increase over the prior period. The results reflect an expansion strategy focused on integrating regional acquisitions and maintaining a high base of recurring income.
Why it matters
The firm’s performance highlights the effectiveness of balancing organic growth with strategic acquisitions to secure stable service demand. Operators should note how relying on recurring revenue, which reached 87% of the total, provides a buffer for hitting performance targets in shifting markets.
MHA achieved £134.6 million in revenue for the six-month period ending 30 September 2026, a total 11% higher than the prior period. The company maintains a medium-term goal of exceeding £500 million in annual revenue.
The players
MHA
A United Kingdom-based professional services firm focused on audit, tax, and advisory solutions.
Baker Tilly South-East Europe
A regional professional services provider integrated into the MHA network in August 2025.
Moore Stephens UAE
An accounting and consulting firm in the United Arab Emirates acquired by MHA in April 2026.
The details
Growth was driven by strong demand for specialist services and the successful integration of Baker Tilly South-East Europe and Moore Stephens UAE. To drive further efficiency, the firm has deployed AI tools across its service lines to improve productivity. This model of scaling service delivery while leaning on recurring contracts ensures the firm remains on track to meet its annual financial expectations.
Timeline
August 2025: Acquisition of Baker Tilly South-East Europe.
April 2026: Acquisition of Moore Stephens UAE.
30 September 2026: Close of the H1 2027 fiscal period.
Market Landscape
MHA’s integration of international entities follows the documented industry trend of professional services firms consolidating regional mid-market players to scale. This approach prioritizes cross-border capability expansion to capture demand that local standalone entities often lack.
Operators should evaluate if their current client base offers the high recurring revenue share seen at MHA, which currently stands at 87% of their total income. Monitoring how your firm integrates new acquisitions into existing workflows is essential for capturing expected growth benefits.
The takeaway
Maintaining a high proportion of recurring revenue provides a reliable financial floor, even as a business pursues aggressive expansion through acquisitions. Leaders should audit their current revenue mix to identify opportunities for increasing contract-based income over one-off projects.
Further reading
For more on firm-level expansion strategies, visit Corporate Finance.
Source note: This article includes information reported by Insider Media Ltd.
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