Baker Tilly grows East Anglia business
Mid-tier firm Baker Tilly, the seventh biggest firm in the UK, has announced its merger with four BDO Stoy Hayward offices based in East Anglia.
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The firm merged with the Bury St Edmunds, Ipswich, Newmarket and Norwich offices of BDO Stoy Hayward, with effect from 1 January 2003.
The four East Anglian offices have over £9m of client income, 15 partners and over 180 staff.
The move will consolidate Baker Tilly’s position as seventh biggest practice in the UK, but still leaves it some way behind BDO, who are the sixth biggest, according to the Accountancy Age Top 50 league table.
Commenting on the merger, Laurence Longe, national managing partner, Baker Tilly, said, ‘This merger is key to consolidating our position in East Anglia.’
Baker Tilly has seen its client income grow from £29m in 1995 to £158m in 2002.
‘During 2003 we will continue to grow organically and through strategic mergers and acquisitions like our move into East Anglia, which should be highly successful,’ Longe added.
Stephen Duffety, partner, BDO Stoy Hayward, said, ‘We’re delighted to merge with Baker Tilly.’