Littlejohn will become a UK member from 1 July 2013, and will adopt the name PKF Littlejohn later this year. It will continue as an independently owned firm. Based in Canary Wharf Littlejogn has nearly 200 staff, including 32 partners. It has particular focus on the insurance and charity sectors, capital markets and overseas businesses needing UK tax and regulatory advice.
It is also one of the largest auditors of European Commission grant funding.
Littlejohn, a top 40 accountancy firm with £16.9m of fee income, takes the place of previous member PKF, which has recently completed its merger with mid-tier rival BDO.Paul Hopper, Littlejohn’s managing partner, said, “We are delighted that we will be joining PKF International, which is a highly respected brand.
“Meeting the needs of our clients is at the heart of this decision. They are increasingly trading and investing overseas, we are bringing more overseas companies to the UK markets and we are acting for international donor agencies. Joining PKF International, with its strong network of member firms, will enable us to provide better support for them around the world.”
Littlejohn is currently a member of the PrimeGlobal international association and will end its membership from 30 June 2013.
Hopper said he believed “clients are best served by independent accountancy firms within international networks.”
John Sim, the CEO of PKF International, said: “London is an important international business destination so we have conducted a thorough investigation of suitable firms to represent our network in this key location.
“Littlejohn has an outstanding reputation and is particularly known for its strong technical expertise and international outlook. We have conducted a thorough due diligence process and, having been delighted with the outcome, look forward to Littlejohn providing advice to our network’s numerous clients who do business in the UK.”
PKF International Limited is the eleventh largest global accountancy network, with an aggregate fee income among 300 member firms of $2.68bn.