The merger of two accountancy firms with major offices in Birmingham has been completed.
Business advisory firm BDO has finalised its merger with PKF (UK), and the firm will operate as one, under the BDO brand.
The deal has created one of the largest global accountancy organisations aimed at the mid-market, with revenues of more than £4 billion operating in 138 countries worldwide.
The firm has also announced its senior management team, including the partner responsible for the 250 people working for clients across the West Midlands via its offices in Birmingham. Mark Anslow will be heading up the Birmingham offices from completion, leading business growth across the region.
Mr Anslow, who has become the West Midlands lead partner for BDO, said: “The announcement demonstrates both firms’ on-going commitment to the West Midlands and local businesses across the region.
“The increased depth and breadth of expertise, as well as our even stronger international reach, creates a really exciting opportunity for all staff working in the enlarged business to provide a fantastic level of service to both our clients and the professional community. My focus from today is on ensuring a smooth integration of the two firms and the continuing delivery of exceptional service to all our clients.”
BDO has confirmed that the two offices in Birmingham will co-locate by July this year, operating from BDO’s existing office at 125 Colmore Row in Birmingham.
The merged firm employs 3,500 people, including 300 partners, with revenues approaching £400 million in the UK.
It has 24 offices across the UK, focusing on retail, natural resources, TMT and financial services.
Simon Michaels, managing partner of BDO, said: “The merger has transformed our market presence overnight. Senior leadership is a critical factor in making the merger a success but I know this team is the right mix to build on our ambitions still further and respond quickly to the domestic and international environment. We also remain focused on delivering exceptional service to our clients and creating the right environment for our people to develop and grow.”