Hervé Hélias is CEO and chairman of Mazars Group; Tom Watson is CEO of Forvis. Photos: Mazars/Forvis

Hervé Hélias is CEO and chairman of Mazars Group; Tom Watson is CEO of Forvis. Photos: Mazars/Forvis

Audit, tax and advisory firm Mazars and Forvis, the eighth largest public accounting firm in the United States, announced on 15 November the creation of a new top 10 global network, which will be effective from 1 June 2024.

With revenues of around €4.7bn ($5bn), Forvis Mazars will be a new entrant in the top 10 global networks. As of 1 June 2024, Mazars USA will join Forvis Mazars in the United States.

“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. We’re proud to bring a pioneering new network model to our industry and are excited to continue this journey together,” said Hervé Hélias, CEO and chairman of Mazars Group, in a . “It gives us the scale and expanded presence that we have been striving for in the US and marks us out as a top 10 global network with extensive scale and coverage.”

“A two-firm network, operating under a single global brand, quickly advances our firms’ shared strategies. It's an opportunity to better serve our clients, especially those with international needs, and support our people on a path of continued growth. Our organisations know each other well, with a strong history of collaboration and very similar cultures of putting our people and clients first,” said Tom Watson, CEO of Forvis.

The audit, tax and advisory firm Mazars is present in Luxembourg, where it employs around 200 people.

This article was first published in French on . It has been translated and edited for Delano.

Updated 16 November at 6pm to clarify that firms are creating a network; the firms will remain separate entities