Grant Thornton has scooped up two South African BDO offices.
BDO Cape, compromising offices in Cape Town and Port Elizabeth, is merging
with Grant Thornton Sought Africa.
The deal adds 207 staff and 19 partners and directors, bringing GT South
Africa to R400m (£61.7m) in revenues.
Thornton UK CEO Scott Barnes said the move was important to the
firm, with Cape Town’s growing significance as a financial centre.
“Cape Town, Delhi, and Sydney are as important to our future as Edinburgh,
Leeds, Manchester and Bristol,” said Barnes.
Other BDO offices in South Africa are not involved in the merger.
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