Press release: BDO has acquired the business of audit firm Helle Partners and the share capital of HelBal
12 January 2021
BDO Ltd has acquired the business of Helle Partners Oy, which offers audits and tax and advisory services as well as the share capital of HelBal Oy.
Helle Partners and HelBal specialise in the audits and consultations of Finnish subsidiary of Baltic and Russian companies. The sum total of the two companies’ turnover is approximately EUR 1M.
Finalised at the turn of the year, these acquisitions support BDO’s growth strategy. The clients and employees of Helle Partners and HelBal are transferred to BDO.
- The clients and employees of Helle Partners and HelBal are warmly welcome at BDO. With our diverse and solid skills, we can meet the needs of these new clients with a comprehensive selection of services both in Finland and internationally,” says Taneli Mustonen, Managing Director for BDO.
Through the acquisition, BDO will gain new offices in Porvoo and Hyvinkää, now serving its clients at 17 locations throughout Finland.
Similarities in the companies’ values facilitated the acquisition.
- Helle Partners and HelBal have adopted the same client-focused and human-centred operational model that is built on the desire to help,” says Taneli Mustonen.
Timo Helle, the owner of Helle Partners and HelBal says the acquisition came at a good time.
- This is the right time for us to become part of a larger organisation, as our operations have grown to a considerable size. Our experts are also excited to be part of the growing BDO Group,” says Helle.
BDO is an expert organisation that offers audits, tax and legal services as well as financial management and advisory services, with operations in a total of 167 countries. In Finland, BDO serves its clients at a total of 17 locations, employing 280 experts. Globally there are more than 91,000 of us.