By Rob Starr, Content Manager, Big4.com
BDO LLP and PKF (UK) LLP have announced a merger. It has been approved by partners of both firms and will be completed by the spring. The result will be a leading accountancy and business advisory firm, with some 3,500 people in the UK generating revenues approaching £400million.
Martin Goodchild, Managing Partner at PKF (UK) LLP commented saying the decision was a strategic one that was agreed to by both firms.
“Our primary focus as we move to completion will be to ensure both our clients and people benefit from the merger; they will be working with a resilient partnership leading from a position of strength and with a client service ethic at its heart,” he said.
Simon Michaels, Managing Partner of BDO LLP also commented saying the move was “transformational” for the firms involved and the broader market.
The merger creates a financially strong business with significant sector and geographical coverage across the UK. It will be a member of BDO International, the largest global accountancy organisation aimed at the mid-market, with revenues of over $6bn operating in 138 countries worldwide.