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

03/ 06/ 2024
  Largest new entrant in global rankings in decades Key leadership roles announced 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, marked 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. Key leadership positions revealed 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. Hervé Hélias will be the first chairman of the Global Network Council. Hervé will also continue in his role as Chairman of the Executive Board of Forvis Mazars Group, SC (formerly Mazars Group). In the United States, Tom Watson will continue to serve as CEO of Forvis Mazars, LLP (formerly FORVIS, LLP) and will also serve on the Global Network Board. Hélias comments: “This is a momentous and exciting time for our clients, our profession and our people. Mazars and Forvis have worked together for over 20 years and share a commitment to delivering an outstanding client experience. We are well positioned to deliver excellence, everywhere, under a single global brand. Clients will get consistent, high-quality, comprehensive services worldwide, and we remain agile and flexible to their specific needs. I am extremely proud to serve as first Chair of the Global Network Board. Working together, I am confident that our two firms will continue to empower our people to raise the bar for client service standards, while challenging industry opportunities to support future needs in local markets.” “Forvis Mazars is built on our commitment to listen to our clients, anticipate the challenges they face, and deliver an unmatched client experience in all that we do,” Watson said. “This new network will quickly unlock new opportunities for our clients and our people, and both groups can feel confident that we are making decisions with their long-term success in mind.” “As Managing Partner of Forvis Mazars in Ukraine, I believe that this partnership not only strengthens our global strategy but also aligns with Forvis Mazarss commitment to actively participate in the reconstruction of Ukraine. The creation of a new global network will enhance our capabilities and support our efforts aimed at economic development and reconstruction initiatives”, — Gregoire Dattee, Managing Partner of Forvis Mazars in Ukraine, said. *Source: IAB World Network rankings 2023. Based on 2023 revenues of Mazars €2.8bn ($3bn) and FORVIS €1.6bn ($1.7bn) About Forvis Mazars Forvis Mazars is a leading global professional services network. The network operates under a single brand worldwide, with just 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. Both member firms share a commitment to providing an unmatched client experience, delivering audit & assurance, tax and advisory services around the world. Together, our strategic vision strives to move our clients, people, industry and communities forward. Forvis Mazars has been present in Ukraine for 16 years and unites over 100 experts. Forvis Mazars offices are located in Kyiv and Lviv, but we provide a comprehensive and flexible range of services throughout Ukraine. Our integrated approach is designed to leverage a global talent pool and serve organisations of all sectors and sizes, from SMEs to the largest multinational corporations. Visit forvismazars.com/ua to learn more.

Largest new entrant in global rankings in decades
Key leadership roles announced

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, marked 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.

Key leadership positions revealed

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.

Hervé Hélias will be the first chairman of the Global Network Council. Hervé will also continue in his role as Chairman of the Executive Board of Forvis Mazars Group, SC (formerly Mazars Group). In the United States, Tom Watson will continue to serve as CEO of Forvis Mazars, LLP (formerly FORVIS, LLP) and will also serve on the Global Network Board.

Hélias comments: “This is a momentous and exciting time for our clients, our profession and our people. Mazars and Forvis have worked together for over 20 years and share a commitment to delivering an outstanding client experience. We are well positioned to deliver excellence, everywhere, under a single global brand. Clients will get consistent, high-quality, comprehensive services worldwide, and we remain agile and flexible to their specific needs. I am extremely proud to serve as first Chair of the Global Network Board. Working together, I am confident that our two firms will continue to empower our people to raise the bar for client service standards, while challenging industry opportunities to support future needs in local markets.”

“Forvis Mazars is built on our commitment to listen to our clients, anticipate the challenges they face, and deliver an unmatched client experience in all that we do,” Watson said. “This new network will quickly unlock new opportunities for our clients and our people, and both groups can feel confident that we are making decisions with their long-term success in mind.”

“As Managing Partner of Forvis Mazars in Ukraine, I believe that this partnership not only strengthens our global strategy but also aligns with Forvis Mazars’s commitment to actively participate in the reconstruction of Ukraine. The creation of a new global network will enhance our capabilities and support our efforts aimed at economic development and reconstruction initiatives”,Gregoire Dattee, Managing Partner of Forvis Mazars in Ukraine, said.

*Source: IAB World Network rankings 2023.
Based on 2023 revenues of Mazars €2.8bn ($3bn) and FORVIS €1.6bn ($1.7bn)

About Forvis Mazars

Forvis Mazars is a leading global professional services network. The network operates under a single brand worldwide, with just 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. Both member firms share a commitment to providing an unmatched client experience, delivering audit & assurance, tax and advisory services around the world. Together, our strategic vision strives to move our clients, people, industry and communities forward.

Forvis Mazars has been present in Ukraine for 16 years and unites over 100 experts. Forvis Mazars offices are located in Kyiv and Lviv, but we provide a comprehensive and flexible range of services throughout Ukraine. Our integrated approach is designed to leverage a global talent pool and serve organisations of all sectors and sizes, from SMEs to the largest multinational corporations.

Visit forvismazars.com/ua to learn more.

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