CALGARY, AB et TORONTO, Dec. 23 2024 /CNW/ – MNP and BDO, two of the largest professional services firms in the Canadaannounced today that MNP will acquire a number of BDO offices in Canada (which includes associates and team members), effective December 31, 2024.
In total, 21 offices, more than 40 partners and 420 team members of BDO at Canada will join MNP. The transaction involves offices located in British Columbia, Albertain Ontario and Prince Edward Island, all provinces where both firms are present. The offices in question are specified below.
Through its business model, MNP offers its clients, team members and the communities it serves an approach that takes local reality into account. The firm operates under an integrated national and local model through which its members across the country have access to all resources nationally to provide clients with the professional services they need.
Jason Tuffs, CPA, CA, Chairman and CEO of MNP, said the transaction reflects MNP's commitment to “being national, but local.”
“MNP is a local firm that was founded in 1958. The transaction brings to nearly 150 the number of our offices across the country, which are located in large urban centers, medium-sized towns and small rural towns. and villages.
Our business model has always been designed to support customers in the markets where we live and work, no matter their size. This transaction demonstrates our desire and commitment to serving clients in the private, not-for-profit and public sectors throughout the world. Canada. The arrival of these BDO associates and team members in our ranks enhances our specialized services, our know-how and our experience. We are very happy to welcome them to our home. »
Bruno SuppaCPA, CA, CEO of BDO, noted that the transaction was carefully considered and represents an important step for the future of the firm.
“It has been a great pleasure to work with the associates and team members in these markets to serve our customers there. For 2025 et In the years to come, our priority is to modernize our office in order to perfect our offering of integrated solutions in our vast network of more than 80 offices nationwide.
“We are proud of BDO's rich history in these communities, and parting ways with trusted colleagues is never easy. Together with the MNP team, we have developed a favorable transition plan for our team and our clients. »
Our respective firms are committed to continuing to provide exemplary service to clients and ensuring business continuity during the transition. All affected customers and team members have been notified.
The offices covered by the transaction are those of Collingwood, Cranbrook, Dryden, Fort Frances, Grande Prairie, Hanover, Kenora, Kincardine, Lethbridge, Lindsay, Mitchell, Mount Forest, Orangeville, Owen Sound, Peterborough, Port Elgin, Prince George, Summerside, Thunder Bay, Walkerton et Wiarton. BDO Debt Solutions Group services and offices located in these cities are not part of the transaction.
Financial details of the transaction will not be disclosed.
About MNP
Present nationally, but close to local reality, MNP is proud to serve the needs of individuals, businesses and organizations since 1958 as one of the leading professional services firms in the Canada. Thanks to the strong relationships we build with our clients, we can offer them accounting, consulting and tax services as well as digital solutions that meet their needs. Our clients benefit from tailor-made strategies adapted to their reality that contribute to their success, wherever business leads.
About BDO
BDO Canada LLP is a leader in providing professional services to clients across various sectors and segments. For over a hundred years, our team has been present in communities across the Canadaoffering them a wide range of services in accounting, certification, taxation and consulting. Through its in-depth knowledge of different sectors, BDO is able to meet the needs of its clients nationally and internationally.
BDO Canada srl/SENCRL, a limited liability company incorporated in Canadais a member firm of BDO International Limited, a UK company limited by guarantee, and is part of BDO's international network of independent member firms. BDO is the brand used to designate the BDO network and each of its member companies.
SOURCE MNP
For further information: Nick Greenfield, Senior Vice President, Marketing, MNP, [email protected]; Robin Ashford, Vice President, Marketing, MNP, [email protected]; Tara Berze, Head of Marketing, BDO, [email protected]; Lillian Chieh, Director, Brand and Operations, BDO, [email protected]
