BDO Stoy Hayward boosted by Numerica deal
BDO Stoy Hayward steps up to challenge the Big Four after Numerica buy-out
BDO Stoy Hayward, the sixth-biggest accountancy firm in the UK, has recruited 200 partners and staff after closing a deal to acquire the Bristol, Southampton and Manchester offices of Numerica.
Jeremy Newman, managing partner of BDO Stoy Hayward, said the purchases from Numerica would strengthen BDO Stoy Hayward’s geographical presence and service offerings.
The deal is part of the firm’s bigger plan to recruit 600 partners and staff challenge the Big Four’s dominance of the FTSE350.
Newman said the firm wanted to build on the ‘fantastic expertise’ in its regional offices by undertaking further acquisitions.
‘We have some fantastic expertise in our regional offices but we want to build on this,’ said Newman. ‘Across the board we plan to step-up our recruitment drive. Our hiring target is ambitious. We aim to recruit 600 additional people in the next three years.’