Accountancy and business advisory firm BDO LLP has strengthened its Cambridge office with the appointment of 15 employees in an active 12 months.
The appointments form part of a wider expansion strategy in the region, with BDO growing its presence in key areas of the business, such as Corporate Finance, Assurance and Tax.
New recruits include Sam Stead, who joins Directors John Gethen and Vinny Patel, in the East Anglian Corporate Finance team. Sam, who joins as a Manager in the Corporate Finance team will be responsible for helping to grow BDO’s M&A team in the region, by capitalising on his local market knowledge and building on his network within the East Anglia corporate finance community. Having spent many years at different advisory firms across the East Anglia marketplace, Sam has gained extensive insight into the broader corporate finance advisory and diligence support offerings (both buy and sell side).
Piers Harrison, partner and Head of BDO’s Cambridge office, said: “The Cambridge market, and East Anglia as a whole, has made great strides in the last 12 months, as the regional economy continues to strengthen and rebuild. With a rich vein of innovative and entrepreneurial businesses, particularly in the technology and life sciences sectors, it’s essential that our own services and capabilities reflect the market’s appetite for growth. We’re delighted to welcome such a strong group of talented individuals to the Cambridge team, including Sam, as we look to strengthen our offering across compliance and advisory services.”
According to BDO’s recent Rethinking the Economy survey, growth remains top of the agenda for East Anglian mid-sized businesses. One in 10 stated that growing revenues is an immediate priority in the next six months, with nearly a third intending to expand overseas.
Stead commented: “BDO is one of the most active advisers globally and the opportunity to be on board and work on a wide range of deals, with a specific focus on the East Anglian region, was too good to turn down. It’s a very exciting time for the East Anglian Corporate Finance team and the market in general. We’re working on several high-profile engagements, and I look forward to continuing to work with business owners and management teams and further build my professional network in the months ahead.”