Effective June 1, Mazars, a leading international audit, tax and advisory firm with a major presence in New Jersey, and Forvis, the eighth-largest public accounting firm in the U.S., have joined forces — creating a Top 10 global network that will position both firms for continued growth by expanding their capabilities to serve clients, especially those with international needs.
Operating under a single brand worldwide, Forvis Mazars has approximately $5 billion in revenue. According to an announcement, the new network is designed to be agile, deliver consistency and have the global scale to meet clients’ needs.
Both network members will remain owned by their current respective partnerships.
“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,” Hervé Hélias, chairman and CEO of Mazars Group, said. “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., which 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.”
Mazars, with offices in more than 100 countries and territories, has realized much success, rising in prominence and working with some of the most recognizable brands in the world. At a time of major change for businesses worldwide and shifting market dynamics, the new global network will be agile with the scale, capacity and coverage to support current and future clients’ needs worldwide with the highest levels of consistency and customer experience.
