BDO Stoy Hayward Celebrate Accountancy Awards Success

Thu, 20 Nov 2008

Financial services firm BDO Stoy Hayward is celebrating after picking up three Accountancy Age Awards.

The firm saw off strong competition from many of its industry peers to claim awards for Tax Team of the year, Audit Team of the Year and Corporate Finance Deal of the Year.

Simon Michaels, managing partner at the firm, commented: "I’m absolutely delighted that we have been recognised as the leaders in the profession. It is our desire and commitment to put clients first that really made a difference."

"The awards prove our long-held belief that BDO is a great place to work, with strong people who deliver great results for clients," he added.

The firm’s national corporate finance team completed 216 deals in 2007, valued at almost £8.5 billion, and 253 deals in 2006 worth almost £8.1 billion.

The team now has 45 partners working out of 14 regional business centres with 281 staff across the UK, up 41 per cent on staff numbers for 2006/2007.

BDO Stoy Hayward’s tax practice received praise from judges for showing a "real commitment to clients", producing "great growth in revenues" and demonstrating "real ambition".

Revenues for the tax practice grew by 25.75 per cent to £105 million, beating the firm’s 20.5 per cent target, while its client satisfaction rating rose from 7.7 to 8.3.
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