Article:

BDO in Ireland appoints Stephen O’Flaherty as new Corporate Finance & Recovery Partner

21 July 2021

BDO, Ireland’s leading Audit, Tax, Advisory and Consultancy firm, is delighted to announce the appointment of Stephen O’Flaherty to partner in its Corporate Finance & Recovery team.

Stephen has over 15 years’ experience in Corporate Finance and Recovery, with specific expertise in debt advisory, corporate restructuring and raising finance. He joins BDO in Ireland’s partnership having previously held the position of Director within the Corporate Finance & Recovery team. 

Stephen began his career in manufacturing, a background which has enabled him to understand and respond to the precise needs of his clients and to offer strategic and informed advice. He then worked in both Practice and Financial Services, holding a number of non-executive directorships, including Ireland’s healthcare regulator (HIQA), before joining BDO in Ireland in January 2017. 

Since joining BDO, Stephen has worked on debt advisory transactions worth over €100m – these include the raising of new finance for growing businesses and restructuring & negotiating existing debt for distressed companies. He has also advised on several M&A assignments worth an estimated €100m. 

Stephen went straight into studying accountancy after leaving school and successfully completed his Association of Chartered Certified Accountants (ACCA) exams. He has been actively involved in ACCA across a number of their committees and was elected Chairman of ACCA Ireland for the 2018/2019 term. He is also a past member of the Corporate Governance Association of Ireland and Associate Member of the Professional Risk Managers International Association (PRMIA). 

Speaking on the appointment, BDO Managing Partner Michael Costello said:

“I am delighted to announce the appointment of Stephen O’Flaherty as partner in our Corporate Finance & Recovery practice. Since joining the firm in 2017, Stephen has made a marked impression on the business and has been instrumental in successfully growing this practice area through his work advising some of our largest clients on their strategy and financial planning.

Stephen is another excellent example of our ability to recruit expert talent and assist their development into becoming leading advisors. Stephen’s unique background in manufacturing gives him an ability to understand our client’s needs and deliver strong outcomes. We’re excited for the opportunities that lie ahead for Stephen and look forward to his contribution to the growth of this very important practice area for our firm.”

Speaking on his appointment to partner, Stephen O’Flaherty said:

"I am very pleased to be joining the BDO in Ireland partnership. Market changes caused by Covid-19 present new opportunities and challenges for our clients. I look forward to continuing my work in helping our clients manage their businesses out of the pandemic and working with the exceptional team of professionals we have in our Corporate Finance & Recovery practice."