Forvis Mazars shakes up professional services industry with its new $5 billion global network

Two leading professional services firms, Mazars, an international partnership operating in over 100 countries and territories, and FORVIS, a top ranked firm in the United States, today mark the official launch of their new global network, Forvis Mazars.

Forvis Mazars, a top 10 global network* is the largest new entrant into the global rankings in decades. As a two-firm network, Forvis Mazars is unique in the market and provides the agility, capacity and coverage to support clients wherever in the world they operate. This move brings increased choice in the market, serving the public interest.

The network comprises two members: Forvis Mazars, LLP in the United States and Forvis Mazars Group SC, an internationally integrated partnership operating in over 100 countries and territories. The network will be governed through a structure that includes a Global Network Board, responsible for enabling seamless collaboration and client delivery worldwide.

In response to the announcement, Tom O’Brien, Managing Partner at Forvis Mazars in Ireland, says: “Today's announcement is an exciting development for both Mazars and Forvis. Both firms share similar values that place our people and clients at the centre of everything we do which is an excellent foundation for the network to build from.

“Forvis Mazars is a global top 10 accounting network that provides audit, assurance, tax, consulting, financial advisory, corporate finance and outsourcing services across a wide range of sectors. Its breadth of expertise is second to none.

“Today’s announcement is the latest step in the Irish firm’s remarkable growth story. As well as providing clients of Forvis Mazars in Ireland with coast-to-coast US coverage and access to an additional 6,000 professionals with extensive expertise and experience in key global industries, the network will also attract and facilitate inbound FDI investment from a pool of US businesses eager to invest in Ireland.

“News of the network has been really well received by clients and the business community and I am confident it will lead to further significant growth and opportunity not just in Ireland but globally. In the meantime, it remains business as usual for clients and staff of Forvis Mazars in Ireland. We will share more exciting opportunities as they develop in the foreseeable future.”

With offices in Dublin, Galway and Limerick, Forvis Mazars currently employs 800 people in Ireland. A new office is also expected to be launched in Cork in autumn.

Hervé Hélias will serve as the first Chair of the Global Network Board. Helias also will continue to serve his ongoing mandate as Chairman of the Group Executive Board of Forvis Mazars Group, SC (formerly Mazars Group ). Matt Snow, Chairman of Forvis Mazars, LLP (formerly FORVIS, LLP ) will serve as Vice Chair of the Global Network Board.

In the United States, Tom Watson will continue to serve as CEO of Forvis Mazars, LLP (formerly FORVIS, LLP ) and will also sit on the Network Board. Rob Pruitt, Fran Randall and Tim York from Forvis Mazars, LLP will sit on the Global Network Board.

 

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