A team of around 40 Birmingham accountants have moved into their new home after a merger between Moore Stephens and BDO.
The merger, which was announced in December, has taken BDO’s West Midlands team up to 300, with Moore Stephens staff now moved in at Two Snow Hill after leaving the company’s Calthorpe Road office.
The 40-strong Moore Stephens team includes six new BDO partners, specialising in key areas such as Research and Development Tax, Real Estate and Construction and Technology.
Richard Rose, BDO Partner in the West Midlands, said: “The merger is a clear indication of our growth and commitment to creating the best offer possible at a time when our clients are facing unprecedented levels of uncertainty as Brexit looms.
“Bringing the teams together at our Snow Hill offices has been a real pleasure and we are already working smoothly as a professional unit while getting to know each other personally.
“The merger makes BDO the UK’s largest accountancy and business advisory firm focused on what we call the ‘economic engine’ – mid-sized entrepreneurially-spirited businesses.
“This also cements our position as the UK’s leading auditor to AIM-listed companies.
“We have a strong growth strategy and we will ensure this merger continues to be a huge success.”
The merger, which also relates to the London, Reading, Bristol and Watford offices of Moore Stephens, makes BDO the third biggest auditor of listed companies, strengthening its position as calls to improve quality and competition at the upper end of the audit market continue.
UK-wide, BDO now has a combined workforce of 5,000 people across 17 locations, delivering revenues of $590 million.