BDO completes merger with PKF UK

Wednesday, 17 April 2013 00:01 - - {{hitsCtrl.values.hits}}

Accountancy and business advisory firm, BDO LLP, has announced that its merger with PKF (UK) LLP has been completed.

The firm will operate as one under the BDO brand and as part of its international network which is the largest global accountancy organisation aimed at the mid-market, with revenues of over US$6 billion operating in 138 countries worldwide.

The merged firm is a leading accountancy and business advisory firm generating revenues approaching £400 million. It boasts a transformed regional network, employing 3,500 people across 24 UK locations.

BDO LLP Managing Partner Simon Michaels said: “It’s time for people to think again about BDO. Merging with a firm of the quality and size of PKF has created one of the strongest firms focused on the mid-market, with the breadth and depth to work with ambitious businesses that want exceptional service and access to impressive UK and worldwide networks. We’ve got talented people, an ambition to grow from this position of strength and firm financial foundations. We’re proud to be at the forefront of the change in the market and with the competition commission reporting back on its remedies to the FTSE 350 audit market, we will also be looking for opportunities to work with more FTSE listed businesses than ever before.”

Commenting further, Michaels added: “The merger has transformed our national market presence overnight, but the hard work starts now. Everyone is now focused on building on our ambitions still further and responding quickly to the domestic and international environment. We also remain focused on delivering exceptional service to our clients and creating the right environment for our people to develop and grow.”