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Mid-tier swoops in on M&A market through acquisition

Business

A mid-tier firm has acquired a mid-market merger and acquisitions firm in Western Australia, as it targets the M&A space for growth in 2018.

By Jotham Lian 9 minute read

BDO Western Australia has announced the merger of Tomkins Turner Corporate Advisory into the BDO WA corporate finance service line.

Three new partners from Tomkins Turner — including Todd Grover, Justin Boyce Cam, and Emma Wright, will bring the number of partners in the BDO WA office up to 25.

The merger will see a six-partner strong corporate finance team led by BDO WA chair Sherif Andrawes.

“We had identified that the M&A area was where our growth needed to come from,” said Mr Andrawes.

“As the leading mid-market M&A firm in Perth, Tomkins Turner was a natural fit for us. The strength of Tomkins Turner in M&A as well as their ability to work in the due diligence and strategy areas, means that our enlarged corporate finance team will be one of the largest in Perth and certainly the leading corporate finance team in the mid-market by quite some distance.”

BDO Perth managing partner Peter Toll welcomed the merger, saying that it aligned with its “overall strategic growth plan”.

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“Given the positive signs in the WA economy of late and the outlook for M&A activity globally, this acquisition has come at just the right time for us,” said Mr Toll.

“From a broader WA firm perspective, growing our leadership base allows us to service our clients more effectively, whilst providing us room for further expansion.”

Jotham Lian

Jotham Lian

AUTHOR

Jotham Lian is the editor of Accountants Daily, the leading source of breaking news, analysis and insight for Australian accounting professionals.

Before joining the team in 2017, Jotham wrote for a range of national mastheads including the Sydney Morning Herald, and Channel NewsAsia.

You can email Jotham at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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