BDO Dunwoody and Browning Crocker announce merger
News Release
October 1, 2009
Edmonton, AB: Expanding one of Canada's most comprehensive financial recovery practices, BDO Dunwoody Limited, Trustee in Bankruptcy and Browning Crocker Inc., Trustee in Bankruptcy have agreed to merge their professional practices effective October 1, 2009. The merged offices will operate under the BDO Dunwoody Limited name.
BDO Dunwoody Limited will continue to provide quality, timely and professional advice as well as experienced assistance to individuals and businesses undergoing financial difficulties. The combination will enable the firm to offer its clients an expanded range and depth of services, while allowing BDO Dunwoody Limited to more effectively serve the Edmonton, northern Alberta, Northwest Territories and Nunavut marketplaces. BDO will serve clients through four Edmonton locations, as well as through satellite offices in Grande Prairie and Yellowknife.
Both practices are highly successful today operating as independent entities. Together, there will be over 20 staff, including 6 bankruptcy trustees and 14 professional staff, growing our presence in Alberta and the Territories. Additionally, these professionals will be backed up by a national network of dedicated financial recovery specialists with access to their resources. BDO Dunwoody Limited holds one of Canada's first corporate licenses as a Trustee in Bankruptcy and presently has over 50 partners and professional staff nationwide.
According to Darren Crocker, Senior Vice President of Browning Crocker Inc., “This is an opportunity to provide our clients with access to a depth and breadth of expertise not previously available to them. With BDO’s resources, which extend across Canada and internationally, we can quickly and cost-effectively facilitate resolutions for virtually any type or size of business needing financial recovery and restructuring services.”
Gerry Sinn, Northern Alberta Region Managing Partner of BDO Dunwoody, comments that, “This merger not only helps us maintain a strong position in the Edmonton marketplace but also expands our presence throughout northern Alberta and the Territories. The combined firm will have enhanced strength, capacity, depth and credibility, allowing BDO to better compete in our marketplace.”
Keith Farlinger, Chief Executive Office of BDO Dunwoody LLP, comments: "I am thrilled at the prospect of adding the stature and capabilities of Lee Browning, Darren Crocker, Craig Fryzuk and their team to our firm. By continuing to merge with market leaders like Browning Crocker Inc., BDO is committed to building and strengthening its restructuring practice not only in Alberta, but right across Canada.”
About BDO Dunwoody LLP
BDO Dunwoody LLP
Chartered Accountants and Advisors
www.bdo.ca
BDO Dunwoody Limited is part of BDO Dunwoody LLP, one of Canada's largest national accounting and advisory firms. BDO Dunwoody Limited will continue to operate and grow Financial Recovery Practices throughout the rest of Canada. As Canada's dominant firm serving mid-sized businesses with more than 95 offices nationwide, BDO has the size and strength to present clients with a full range of comprehensive professional services. Through BDO International, which has more than 20,000 professionals in over 100 countries, the firm's support extends around the globe.
About Browning Crocker Inc.
Browning Crocker Inc.
Insolvency Consultants, Trustee in Bankruptcy
www.browningcrocker.com
Browning Crocker Inc. was formed in 2001 by Lee C. Browning and Darren Crocker, both licensed Trustees in Bankruptcy. Craig Fryzuk, Trustee in Bankruptcy, joined Browning Crocker Inc. in 2002. The Browning Crocker professionals have extensive experience in all facets of insolvency engagements including consumer and corporate appointments, as well as in shareholder dispute matters and files relating to the agriculture industry. Browning Crocker services northern Alberta through their office in downtown Edmonton, and services the Northwest Territories and Nunavut with a satellite office in Yellowknife.
