Mazars, the audit, tax, and advisory firm, and FORVIS, the eighth largest public accounting firm in the United States, will create a new, top 10 global network.
As a result of this global network, Mazars in the East Midlands will benefit from collaboration with, and greater access to, specialist US expertise.
The network will operate under a single brand worldwide, Forvis Mazars. With around €4.7bn ($5bn) in revenue, Forvis Mazars will be a new entrant in the top 10 global network rankings.
Both network members will remain owned by their current respective partnerships.
Steve English, Office Managing Partner, Mazars in the East Midlands, said: “We are incredibly excited to be part of this global network and look forward to the opportunities it will offer us and our clients.
“Through collaboration with our new colleagues and greater access to specialist expertise in the US, we will be able to enhance our offering and service for our clients, especially those with US and international needs. We look forward to working closely with them on future opportunities and the successes we will enjoy together.”
“I am really delighted that Mazars and FORVIS have taken this transformational step and am excited about the opportunities it presents for both firms in serving our clients and supporting our people,” says Hervé Hélias, Chairman of the Executive Board, Mazars Group.
“We’re proud to bring a pioneering new network model to our industry and are excited to continue this journey together. At Mazars, we are committed to helping our clients confidently build and grow their businesses, and forming this two-firm network with FORVIS complements our existing international integrated partnership and significantly advances Mazars’ international strategy.
“We are proud to offer our clients the strength of our international integrated partnership in 100 countries and the benefits of FORVIS’ large national partnership in the U.S. who truly works as one firm across the U.S. It gives us the scale and expanded presence that we have been striving for in the U.S. and marks us out as a top 10 global network with extensive scale and coverage.”
