Forvis Mazars

What Forvis Mazars does

Forvis Mazars is a privately held, internationally integrated professional services network operating as a cooperative (Forvis Mazars Group SC, domiciled in Belgium) with member firms delivering services across 100+ countries and territories and approximately 40,000 professionals. Formed in June 2024 through the merger of Mazars and FORVIS, the network is organised around nine industry groups (Consumer; Energy & Infrastructure; Financial Services; Life Sciences; Manufacturing; Private Equity; Public & Social Sector; Real Estate; and TMT) and nine service lines (Audit & Assurance; Consulting; Financial Advisory; Legal; Outsourcing; Sustainability; Tax; International Desks; and Private Client Services). FY24/25 global revenue of $5.7bn was split 45% Audit & Assurance, 23% Tax, 21% Advisory, and 11% Outsourcing, reflecting a horizontally diversified professional services portfolio serving clients from SMEs to the largest multinational corporations.

The firm monetises through engagement-based professional services fees, with UK operations disclosing multi-year contracts and pricing determined by scope, complexity, and seniority of deployed teams. Distribution is direct via the member firm office network, supplemented by certified-implementation-partner relationships with technology vendors (Sage Intacct, FloQast, Trintech) that enable the firm to bundle digital-transformation delivery with its advisory work. Recent inorganic moves include the September 2024 acquisition of James Byrne & Co. (Ireland, growing Irish headcount to nearly 900) and a March 2026 acquisition of an Arizona-based firm, alongside organic headcount expansion (UK now 3,500+, 1,145 UK promotions in FY24/25). The core technology stack is professional judgement delivered through coordinated global teams, augmented by AI-enabled close and ERP automation through third-party vendor partnerships and proprietary research assets such as the C-suite Barometer and the CEE M&A report co-produced with Mergermarket. Two regulatory matters are disclosed: an AFRC fine for archiving-rule breaches and a Senegal government-commissioned audit tied to the IMF-flagged $13bn debt misreporting matter, both of which are execution-risk signals rather than structural weaknesses.

Name

Forvis Mazars

Legal name

Forvis Mazars Group SC

Website

https://forvismazars.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Forvis Mazars is a privately held, globally integrated professional services network of 40,000+ professionals across 100+ countries, delivering audit, tax, advisory, legal, outsourcing, and sustainability services to SMEs and multinational corporations via nine industry groups and nine service lines.

Ownership category

akta.pro rank

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices13 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Audit & Assurance Services: Core statutory and financial audit services to listed companies, financial institutions, and large corporates. Remained the largest revenue contributor at 45% of total global revenue for FY24/25.
2. Tax Services: Corporate, personal, international, and indirect tax advisory and compliance services. Contributed 23% of global revenue for FY24/25.
3. Advisory Services: Management consulting, risk consulting, technology and digital consulting, and financial advisory including M&A transaction support. Contributed 21% of global revenue for FY24/25.
4. Outsourcing Services: Accounting, reporting, HR and payroll, corporate secretarial, and global compliance and reporting outsourced services. Contributed 11% of global revenue for FY24/25.
5. Legal Services: Corporate and commercial, employment, dispute resolution, and transaction support legal services offered across multiple jurisdictions.
6. Sustainability Services: ESG strategy and transformation, sustainability reporting and assurance, and sustainable finance advisory services.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Forvis Mazars is a global professional services network providing audit & assurance, tax, advisory, outsourcing, legal, and sustainability services to clients across 100+ countries. The firm is structured around nine service lines and nine industry groups, delivering integrated, sector-specialized expertise to corporations, financial institutions, public sector entities, and private clients through a single international partnership.

Product overview

Forvis Mazars is a global professional services network operating as an internationally integrated partnership in over 100 countries and territories with 40,000 professionals. The firm provides a comprehensive and flexible range of services specializing in audit, accountancy, advisory, tax, and legal services. The offering is organized into nine industry groups (Consumer; Energy & Infrastructure; Financial Services; Life Sciences; Manufacturing; Private Equity; Public & Social Sector; Real Estate; and Technology, Media & Telecommunications) and nine service lines (Audit & Assurance; Consulting; Financial Advisory; Legal; Outsourcing; Sustainability; Tax; International Desks; and Private Client Services). Each industry group and service line has dedicated sub-practices and specialized expertise, enabling the firm to serve organizations of all sizes from SMEs to the largest multinational corporations. The firm is structured as a services portfolio rather than a software product platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit & Assurance Services
• Tax Services
• Advisory Services
• Outsourcing Services
• Legal Services
• Sustainability Services
• Financial Advisory Services
• International Desks
• Private Client Services

Quantifiable outcome

• Global revenue exceeding $5.7bn for FY24/25, representing 11% year-on-year growth
• +3 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Seoul Investment Promotion AgencyminorStrategic or Co-development Partner · 19 June 2026Seoul Investment Promotion Agency signed a memorandum of understanding with Forvis Mazars to establish a streamlined 'one-stop' support mechanism for European companies navigating corporate registration, tax compliance, and cross-border legal requirements in Seoul, supporting Seoul's strategy to attract European deep-tech startups.
• Ministry of Industry and Advanced Technology (MoIAT), UAEminorStrategic or Co-development Partner · 7 June 2026Forvis Mazars is a sponsor of the UAE Ministry of Industry and Advanced Technology's Industrialists Career Exhibition, part of the National In-Country Value Programme, supporting Emirati employment across advanced manufacturing, AI, engineering, and clean energy sectors with over 1,000 job opportunities.
• FloQastcoreTechnology or Integration · 12 May 2026FloQast partnered with Forvis Mazars Germany to automate accounting processes and improve operational efficiency for businesses across German markets (DACH region). The partnership is part of FloQast's DACH expansion following the opening of its Berlin hub in April 2026. Forvis Mazars contributes expertise in closing process design to accelerate modernisation of accounting and audit workflows using FloQast's AI agents to streamline record-to-report processes.
• TrintechcoreTechnology or Integration · 24 February 2026Forvis Mazars received Trintech's FY26 Partner Award recognising organisations that advance AI Financial Close automation. The partnership focuses on implementing scalable automation to improve finance operations globally, with both firms contributing to enterprise financial transformations.
• Sage IntacctcoreTechnology or Integration · 13 October 2025Forvis Mazars operates a dedicated Sage Intacct implementation team providing digital transformation services to clients across healthcare, nonprofits, and law and family offices. The firm is a certified implementation partner for Sage Intacct's AI-driven ERP platform.
• MergermarketcoreStrategic or Co-development Partner · 1 August 2025Forvis Mazars co-produces the annual Investing in CEE: Inbound M&A report with Mergermarket, documenting 1,312 M&A transactions worth €42.5 billion across Central and Eastern Europe, providing market intelligence and thought leadership.

Scale indicators11 records

Recent moves9 records

Expansion highlights8 records

Broad incumbents

• Deloitte: One of the Big Four global professional services networks, offering audit, tax, consulting, and advisory services to multinational corporations. Directly comparable to Forvis Mazars in service portfolio but operates at a significantly larger scale.
• PwC (PricewaterhouseCoopers): Big Four network providing audit, tax, and advisory services globally. Competes with Forvis Mazars for the same multinational client base, particularly on cross-border audit and tax mandates.
• Ernst & Young (EY): Big Four professional services firm with a comparable four-pillar offering (audit, tax, consulting, advisory). Direct competitor for Fortune 500 audit and large transformation engagements.
• KPMG: Big Four firm offering audit, tax, and advisory services across 140+ countries. Closest head-to-head competitor with Forvis Mazars in the mid-tier and large multinational audit market.

Direct peers

• BDO International: Top-tier mid-market accounting and advisory network with global footprint and similar service mix to Forvis Mazars (audit, tax, advisory). Direct competitor in the segment of the market below the Big Four.
• Grant Thornton International: Global audit and advisory network serving mid-market and large clients. Direct competitor to Forvis Mazars in the tier below the Big Four, with comparable revenue scale and service breadth.
• RSM International: Global network of independent audit, tax, and consulting firms serving middle-market companies. Comparable in service mix and target customer segment to Forvis Mazars.
• Baker Tilly International: Top-10 global accounting network offering audit, tax, and advisory services. Comparable network structure and target client base to Forvis Mazars.
• Crowe Global: Global accounting network providing audit, tax, and advisory services across 100+ countries. Direct mid-tier competitor with a comparable service portfolio.

Regional players

• CLA (CliftonLarsonAllen): US-focused top-10 accounting and advisory firm with similar service mix. Comparable as a peer in the broader accounting/advisory category though it operates primarily in North America.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ForvisMazarsGrp
• YouTubeyoutube.com/channel/UC19xfPDjBuK467JxVUckx1w
• Facebookfacebook.com/ForvisMazarsGroup
• LinkedInlinkedin.com/company/forvis-mazars-es
• Instagraminstagram.com/ForvisMazarsGroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forvis Mazars