Matthew Corbin, CEO of BDO in Jersey, said: “BDO Jersey, Greenlight and Sator are each specialists in their own field, working for entrepreneurial and ambitious client bases that will greatly benefit from an integrated service approach. This transaction further enhances our service to clients. Our focus remains toward assisting our clients successfully navigate fast paced market change, brought about by rapid advancements in regulation and technology in particular. The BDO team in Jersey now comprises over 70 talented people working across our core service lines of audit, advisory, tax and outsourcing.”

Greenlight was founded in Jersey by its current CEO Eliot Lincoln in 2008. The independent business change specialist offers hands-on change management services to deliver business and technology change across the Channel Islands and beyond.

Mr Lincoln said: “This is the right time for us. By joining with BDO and Sator, Greenlight will become part of a talented team that can offer a wider range of services for all our clients. We will continue to offer the same change management and business transformation services we have always offered our local clients, but being part of a larger, global network will be hugely positive for diversifying and expanding our client base. These are exciting times for all of us.”

Led by Helen Hatton, Sator offers regulatory advisory services and assistance to international standard setters, regulatory authorities, financial services firms, not-for-profit organisations and non-financial businesses. The company celebrated its seventh anniversary this year and recently won Offshore & Emerging Markets Consultancy Firm of the Year 2016 at the Global Fund Awards.

Ms Hatton said: “Some might say this is a ‘dream team’. Over the next few months we will be aligning our corporate values and our client bases. Joining the BDO family is a significant step for Sator, allowing us to extend our current established regulatory service areas of governance, risk, compliance and due diligence, to help clients continue their commitment to excellence.”

Mr Corbin added: “We live in an ever changing world and we have to adapt, just like the clients we serve. We believe in strength in expertise and are looking forward to welcoming our colleagues from Greenlight and Sator into BDO, and working together with them to deliver the highest standards of services and the best advice and outcomes for all of our clients.”