BDO in Armenia, member of one of the largest professional services organisations in the world, is announcing merger with Armenian-based leading business and management consulting firm A&M Financial Consulting (AMF). Throughout 11 years of presence in Armenia BDO rendered and continues to render Exceptional Client Service in Accounting, Audit, Tax and Legal Consulting. Starting from December 2021, in addition to the existing and highly-regarded service line BDO in Armenia will provide Exceptional Business Advisory and Management Consulting Services.
“A&M Financial Consulting” CJSC will become part of BDO network and operate as “BDO Advisory” CJSC. Vahagn Sahakyan, Managing Partner of BDO in Armenia, will continue in his role, while Aleksandr Shaghikyan, Founder and Managing Partner of AMF, will join us as a Partner and Head of Advisory.
"Our continued development and growth are in line with BDO's Global Dream, which is "it’s time for BDO to lead." Having and maintaining a leading position in our industry necessitates a strategic approach to the company's growth plan, which is largely focused on collecting the best possible mix of experience and experts for the mutual benefit of all parties. BDO Armenia's growth program, in accordance with BDO's global strategy, comprises not just organic growth efforts but also actively pursuing mergers and acquisitions. I firmly believe that AMF’s multi-professional team will become a valuable asset for BDO in Armenia. The combination of BDO global network's international expertise with AMF's best local practice strengthens us, allowing us to deliver superior advisory services to our customers."
- Vahagn Sahakyan, Managing Partner, BDO in Armenia
“Current fast-changing business environment brings ever new challenges for both public and private sectors, which has to be tackled with more robust and resilient solutions. Our philosophy and approach to add value in whatever we do have been constantly evolving since the foundation of AMF in lines with the forefronts of the industry and the challenges our clients been facing. We believe in delivering and implementing end-to-end solutions with a holistic multi-domain approach based on industry leadership.Our existing clients and prospects will highly benefit from this merger, which at its root is driven by the intent of bringing state-of-the-art knowledge and solutions to the Armenian market and beyond via joining forces and pooling resources.
I believe this merger is a strategic step towards the realization of the ambitions of our team for the good of our clients, partners and the broader community.”
-Aleksandr Shaghikyan, Partner, Head of Advisory, BDO in Armenia
BDO’s global organisation extends across 167 countries and territories, with 97,292 people working out of 1,728 offices – and they’re all working towards one goal: to provide our clients with exceptional service. Being founded in 1963, BDO (Binder Dijker Otte & Co) has established in Armenia in 2010 and having rapidly grown since then, BDO Armenia has successfully enlarged the scale of services it renders thus ensuring its position in the Armenian market.
AMF has been founded in 2011 with faith that each organization has unique strengths and abilities which should be enabled. During these years AMF have completed over 500 engagements for more than 150 public and private clients mostly in corporate finance and strategy domains across all industries. AMF team’s passion for assisting clients in realizing their true sources of competitiveness and growth articulates with BDO WHY: People Helping People Achieve Their Dreams.