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Done deal: Merger complete for BDO and Moore Stephens LLP

Done deal: Merger complete for BDO and Moore Stephens LLP | Insurance Business

Done deal: Merger complete for BDO and Moore Stephens LLP

Accountancy and business advisory firm BDO becomes the third biggest auditor of listed companies with its completed merger with the London, Birmingham, Reading, Bristol, and Watford offices of Moore Stephens LLP.

Operating under the BDO brand, the merged firm will enhance BDO’s capabilities aimed at the financial services and insurance sectors. BDO LLP now has a workforce of 5,000 people based in 17 locations in the UK.

The entity is part of BDO’s 80,000-strong international network, which generates US$9 billion in revenues across more than 160 countries.

Read more about the deal here

“The strength of the BDO financial services division and its international network will assist insurers and brokers grow globally and meet the challenges of issues such as Brexit,” commented partner Alex Barnes (pictured).

“We are now the fifth biggest accountancy firm in the insurance sector with all the team from Moore Stephens LLP coming across and joining our new colleagues at BDO.”