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

Tax advisers should revisit India secondment arrangements after the EY US ruling strengthened the Centrica precedent and raised fresh withholding concerns
Despite the shortfall, effective tax rates of multinationals have seen a ‘statistically significant rise’
After joining Milbank from Akin Gump, the fund tax specialist discusses sponsor demand, practice building, and the tax challenges facing asset managers
Partner payouts could also be reduced by a fifth, it has been reported
There is no logical reason not to extend an exemption from EU CFC rules to multinationals headquartered in side-by-side jurisdictions, USCIB said
While rarely the sole driver of a combination, tax is becoming an increasingly important part of firms' efforts to keep up with client expectations
New research, which suggests LLMs can silently corrupt complex documents, should alert tax and legal teams relying on AI to handle iterative drafting and compliance workflows
Maintaining increased funding for HMRC is a ‘high possibility’ if he becomes PM, ITR has also heard
Awards
ITR is delighted to reveal all the shortlisted nominees for the 2026 Europe Tax Awards
The firm has hired a team of private client lawyers from Withers to launch in New York and Connecticut, though ITR analysis suggests it faces stiff competition
Gift this article