Accountancy and business advisory firm, BDO LLP, has today announced that its merger with PKF (UK) LLP has completed. From today, the firm will operate as one, under the BDO brand and as part of BDO’s international network, the largest global accountancy organisation aimed at the mid-market, with revenues of over $6bn operating in 138 countries worldwide.
The firm has also announced its senior management team, including the partner responsible for the 120 people working for clients across the South West. Graham Randall will be heading up the Bristol and Cardiff offices from completion, leading business growth across the region.
Graham Randall, South West Lead Partner for BDO LLP, said: “This valuable merger further accelerates the growth of the BDO Bristol operation, which has been impressive since its launch in 2005.
“The majority of our growth has been achieved over the past three years despite the economic downturn. At a time when businesses have needed innovative, high quality business support, we have added value to their operations, helping them to thrive in tough trading conditions.
“We are delighted that our fast-growing teams will be further strengthened by colleagues from PKF. Altogether, this merger demonstrates our ongoing investment in our regional operations and gives our ambitious team the critical mass to further power our expansion.”
The announcement demonstrates both firms’ on-going commitment to the South West and local businesses across the area. Randall adds: “The merger will provide broader and deeper expertise and international reach for many clients on a local basis, but will also allow staff to gain broader experience from working in an enlarged firm. My focus from today is on ensuring a smooth integration of the two firms and continuing delivery of exceptional service to all clients.”
BDO has also confirmed that the two offices in Bristol will soon co-locate, operating from BDO’s existing office at Bridgewater House, Finzels Reach.
Commenting on the merger, Simon Michaels, Managing Partner of BDO LLP, said: “It’s time for people to think again about BDO. The merger has transformed our market presence overnight. Senior leadership is a critical factor in making the merger a success but I know this team is the right mix to build on our ambitions still further and respond 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.”
