BDO has completed its merger with Moore Stephens LLP, creating the largest UK accountancy and business advisory firm focused on mid-sized, entrepreneurially-spirited businesses. As the company reported, the merged firm will operate under the BDO brand and as part of BDO’s international network, which has 80,000 people and revenues of $9 billion across 162 countries.
Mainly, in the UK, BDO LLP now has a combined workforce of 5,000 people across 17 locations, delivering revenues of £590m.
BDO stated that after the merger, the clients will gain many advantages from having access to combined resources of the two firms.
Additionally, Michael Simms, Partner and Head, Shipping & Transport at BDO continued noting that the merger enables both companies to deliver the developing variety and depth solutions that is demanded by the clients.
Our clear sense of purpose and growth strategy will help our entire team make this merger a huge success.
Concluding, the company highlighted that this merger creates a new force in the market, enabling the two companies to challenge the already existent competition and deliver an increasingly impressive range of services to help people and clients succeed.
