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Memery Crystal acts for BDO LLP to create the fifth largest accountancy & advisory firm following milestone merger

01/02/2019

At a glance

Memery Crystal is pleased to announce it has advised BDO LLP on its merger with Moore Stephens LLP. The deal, which completed on 1st February, will see the consolidated firm operate under the BDO name and brand and will place BDO as the UK’s fifth largest accountancy firm in the UK, ahead of Grant Thornton.

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Current BDO Managing Partner Paul Eagland will lead the amalgamated firm. Moore Stephens’ Managing Partner Simon Gallagher will be joining the firm’s Partnership Council.

The combined firm creates the largest UK accountant and business adviser focused on entrepreneurially spirited, fast growing businesses and high net worth individuals.

The Memery Crystal team was led by Corporate Partners Lesley Gregory, Greg Scott and Nick Alfillé alongside Senior Associate Krishen Patel.

Lesley Gregory, Chairman of Memery Crystal said: “We are delighted to have advised on this significant transaction in the accountancy sector. The transaction reflects the strong and deep expertise we have across professional & financial services sectors. It has been a pleasure to work with the BDO team and we look forward to seeing the continued success of the combined firm.”

Notes to editor:

Memery Crystal is a specialist international law firm with extensive experience in the professional services sector, advising on all aspects of public and private mergers, acquisitions and disposals. We are pleased to have been recognised by both Chambers UK and The Legal 500 for our M&A work. For more information, click here.

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