PracticeAccounting FirmsBDO and PKF confirm “advanced merger discussions”

BDO and PKF confirm "advanced merger discussions"

The two firms look to merge in the new year

BDO AND PKF are in “advanced discussions” to merge in the new year, they have confirmed.

A merged entity would create a firm with more than £400m in revenues, with 3,500 staff.

BDO managing partner Simon Michaels (pictured) said the firms “share a closely aligned vision to lead in the mid-market, as well as similar cultures and a commitment to deliver exceptional client service”.

Martin Goodchild, managing partner at PKF (UK) LLP, said: “This is a good strategic decision for both firms which have a desire to lead, from a position of strength, the inevitable consolidation of the mid-tier – which is long overdue.”

More to follow.

Related Articles

BDO’s global revenues pass $8bn

Accounting Firms BDO’s global revenues pass $8bn

2m Alia Shoaib, Reporter
BDO reports revenue growth of 5.7%

Accounting Firms BDO reports revenue growth of 5.7%

3m Alia Shoaib, Reporter
BDO promotes 1,110 people

Accounting Firms BDO promotes 1,110 people

4m Alia Shoaib, Reporter
BDO strengthens Bristol team with new audit partner

Accounting Firms BDO strengthens Bristol team with new audit partner

5m Austin Clark, Reporter
284 new trainees join BDO

Accounting Firms 284 new trainees join BDO

5m Alia Shoaib, Reporter
Deloitte rises in auditor rankings with most FTSE 250 clients

Accounting Firms Deloitte rises in auditor rankings with most FTSE 250 clients

6m Alia Shoaib, Reporter
Partner joins BDO from KPMG

Accounting Firms Partner joins BDO from KPMG

6m Alia Shoaib, Reporter
BDO appoints forensic expert as partner

Accounting Firms BDO appoints forensic expert as partner

6m Alia Shoaib, Reporter