BDO merges with Moore Stephens

International Tax Review is part of Legal Benchmarking Limited, 1-2 Paris Garden, London, SE1 8ND

Copyright © Legal Benchmarking Limited and its affiliated companies 2026

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement


BDO merges with Moore Stephens

firms_thumbnail

BDO has completed its merger with Moore Stephens to overtake its rival Grant Thornton as the fifth-largest accounting firm in the UK.

The merger gives the firm a combined workforce of more than 5,000 staff and 350 partners. The combined presence includes key offices in London and Birmingham, as well as 15 other locations in the UK.

BDO expects revenues of £590 million ($771 million) this year. The merger strengthens the firm’s hold on audit contracts in the alternative investment market (AIM). Though the firm is still a long way from challenging the dominance of the Big 4, though reports that Goldman Sachs is considering BDO to audit its British operations will be encouraging.

more across site & shared bottom lb ros

More from across our site

In a seminal development for big law, the 95-year-old firm is set to cease operations after a series of high-profile partner departures
UK Chancellor John Healey extended a VAT cut, suspended tariffs, increased a bank surcharge and vowed to increase funding for HMRC
Kristine Riisberg warned that TP decisions can determine top-up tax exposure under pillar two, while global consensus over the rules remains unsettled
Both Germany’s NIS2 and the EU AI Act now determine whether a tax function can meet its obligations – and both can make management personally accountable
Originators, loan purchasers and securitisation vehicles may need to revisit servicing agreements and pricing after a key judgment narrowed the VAT credit management exemption
Opening doors for existing talent within Baker McKenzie and a desire for enhanced legal capabilities informed Ricardo Perera’s switch from KPMG
Boaz Goren’s move to the upstart PE-backed firm takes the number of senior UK tax professionals who have left EY this year to 13
The allegations against Deloitte Cyprus raise uncomfortable questions about how far the big four can distance themselves from misconduct at member firms
The UAE accounted for most Middle East promotions and new rankings, as A&M Tax, Baker McKenzie, Dhruva Consultants and DLA Piper breached the top tier
Spanish-headquartered multinationals lead on reporting quality, while US and Swiss groups lag in the Fair Tax Foundation’s expanded analysis
Gift this article