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BDO and NPT merge to create one of London’s largest national accounting and advisory firms
London, Ontario, 29 May, 2015 – BDO Canada LLP, (‘BDO’) one of the largest accounting and advisory firms in Canada, announces the merger of NPT LLP (‘NPT’), a London based professional accounting and advisory firm. The addition of NPT creates a dominant national firm in the London area and underscores a period of rapid expansion for BDO, which has secured four strategic mergers over the past six months. As a result of these mergers, an additional 220 staff and 18 partners have been added to its Canadian firm in key market areas.
Founded in 1993, NPT has grown since its inception and currently comprises 45 staff and ten partners and is one of the largest non-national accounting firms in Southwestern Ontario. The firm services the professional, medical, entrepreneurial and owner-managed business community principally in London and the surrounding 401 corridor. In addition to its traditionally strong accounting and tax capabilities, NPT has invested in specialty teams dedicated to providing wealth management and valuation advisory services.
“Our merger with NPT creates critical mass in the London market, differentiated from other national firms by focusing primarily on the unique needs of the local entrepreneurial and mid market business community. We’re committed to expanding our presence in the London area and, by merging with one of the region’s largest and most respected non-national firms, we immediately have the scale and an in-depth pool of local expertise to do so,” noted Dean Elliott, Regional Managing Partner of BDO.
NPT has developed a strong presence in Healthcare, Construction and the Not-for-Profit sectors and is registered with the Canadian Public Accountability Board (CPAB) for audits of publicly listed entities. The depth and expertise of NPT complements and strengthens BDO’s existing offering in the London area and increases the combined team to over 80 staff and partners.
“The opportunity to merge with BDO allows our firm to maintain a complementary culture for our clients and people. The merger provides us with increased opportunity for ongoing growth and adds a depth of resource to better meet the future needs of our clients. We are truly excited about the opportunity for our people to grow and advance within the BDO environment,” commented John Prueter, Managing Partner of NPT.
The combination of BDO and NPT is subject to customary closing conditions and is expected to be completed on July 1, 2015. NPT was previously a member of the PKF North America Network.
With over 100 offices nationwide, BDO is one of the largest national accounting and advisory partnerships in Canada. Our professionals serve both public and private organizations across a broad range of industries. As a member firm of the international BDO network, we leverage the knowledge and experience of advisors from over 1,000 offices in more than 100 countries.
BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.
BDO is the brand name for the BDO network and for each of the BDO Member Firms.
Dean Elliott John Prueter
Regional Managing Partner Managing Partner
BDO Canada LLP NPT LLP
Tel: 519-576-5222 Tel: 519-432-5534Email: email@example.com Email: firstname.lastname@example.org
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NPT LLP is a professional accounting and advisory firm in London, Ontario, dedicated to the continued success of our clients. Our twelve partners and full complement of professional staff have a simple philosophy: Clients first!
More than just an accounting firm, you need a trusted advisor – an advisor that’s an extension of your business and your life. NPT LLP is focused on the well-being of your business and fully invested in your success.
To assist you, we developed Syncronicity™. It’s a seamlessly integrated continuum of traditional accounting services and beyond designed to cover your advisory, tax, valuation, and wealth management needs. It works in total unison with the rhythms of your business and personal lifestyle, at every stage along the way. Our close personal attention to you is the underlying reason for the trust you place in us – a trust we don’t take for granted. That’s Syncronicity™.
NPT LLP is a full service professional accounting practice that’s registered with the Canadian Public Accountability Board (CPAB) for public clients. As an independent firm, we provide personalized service to our clients in many specialized areas of business, primarily servicing London and Southwestern Ontario between Windsor and Toronto. We’re continually investing in our business by developing niche areas of practice. We have a wealth management division, a strong leadership position in the medical and professional area, and perform audits for public, owner managed and not-for-profit clients while maintaining a focus on traditional accounting and taxation services of a public practice.
NPT LLP is a proud member of PKF North America. This association of independent accounting firms across Canada and the United States enables us to offer you access to a global knowledge base and shared resources for your individual needs. The wide-ranging expertise demonstrated by members of PKF North America allows us to provide timely advice and services to you while supporting the professional development of our team.