MNP takes over BDO office in Kincardine
Effective Dec. 31, 2024, MNP has taken over the BDO office in Kincardine.
In a press release, issued Dec. 23, the two companies, which are among Canada’s leading professional services firms, made the announcement that MNP was acquiring a select number of BDO’s Canadian offices, partners and team members.
In total, 21 BDO Canada offices, with more than 40 partners and 420 team members, have joined MNP. The transaction included selected locations in Ontario, British Columbia, Alberta and Prince Edward Island - provinces where both firms have offices.
MNP’s business model is designed to support its clients, team members and communities with a locally-focused approach. The firm operates under an integrated national and local model where team members across Canada are able to access national resources to deliver whatever professional services clients may need.
“MNP is a home-grown Canadian firm that was established in 1958,” says Jason Tuffs, board chairman and chief executive officer (CEO). “With the addition of the new offices, we will have nearly 150 offices coast-to-coast, including in the largest urban centres, mid-sized cities, and the smaller rural cities and towns that we find across all provinces.
“Our business model has always been designed to support clients in the communities where we live and work, regardless of their size. This addition reflects our commitment and focus to helping clients in the private, not-for-profit and public sectors across Canada. Our specialized services, expertise and experience will be enhanced by the BDO partners and team members who are joining us. We are thrilled to welcome these professionals to our firm.”
“It has been a pleasure to work with our partners and team members to serve our clients in these markets,” says Bruno Suppa, CEO of BDO. “As we prepare for 2025 and beyond, our priority is modernizing our firm to elevate the delivery of integrated solutions across our expansive network of 80-plus offices nationally.
"We are proud of BDO's strong history in these communities and saying goodbye to trusted colleagues is never easy. In working with the team at MNP, we have developed a supportive transition plan for our team and clients.”
Both firms are aligned in their commitment to maintaining exemplary client service and business continuity throughout the transition. All impacted clients and team members have been notified.
Other regional offices in Ontario affected by this change, include Collingwood, Hanover, Mitchell, Mount Forest, Orangeville, Owen Sound, Port Elgin, Walkerton, and Wiarton.
BDO’s Personal Debt Solutions (PDS) services and offices in these locations are not part of this transaction. Financial details of the transaction will not be disclosed.
Written ByLiz Dadson is the founder and editor of the Kincardine Record and has been in the news business since 1986.
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