BDO in SA buys unit of SNG Grant Thornton Durban

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The deal follows BDO’s 2018 amalgamation of Grant Thornton offices in Cape Town, Joburg and Port Elizabeth

Professional services firm BDO SA has acquired a division of SNG Grant Thornton's Durban office, its latest step in the integration of the advisory firm into the group , it said on Friday.

In 2019, BDO also acquired a team of 40 people, including financial services experts that would enable the firm to offer audit and advisory services to banks, asset managers, insurance companies and stockbroking firms, BDO said. He added that the audit profession was still facing huge changes and challenges and that the demand for in-depth, technical and industry expertise was critical.

 

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