What Mazars does

Forvis Mazars Group is an internationally integrated professional services network formed through the June 2024 merger of Paris-based Mazars (founded 1947) and U.S.-based Forvis. Headquartered in Paris, the firm operates across more than 100 countries and territories with approximately 40,000 professionals, serving organizations ranging from SMEs to the largest multinational corporations. The firm delivers a comprehensive portfolio organized around seven service lines: Audit & Assurance, Tax, Consulting (including management consulting, risk consulting, and technology and digital consulting), Financial Advisory, Legal Services, Outsourcing, and Sustainability Services. Audit & Assurance is the largest revenue contributor at 45% of total revenue with double-digit growth, and the firm organizes expertise through international sector communities spanning Financial Services, Consumer, Energy & Infrastructure, Life Sciences, Manufacturing, Private Equity, Public & Social Sector, Real Estate, and Technology/Media/Telecommunications. The combined entity ranks in the top 10 globally by revenue following the merger.

The firm operates as a private partnership, with ownership and control resting with its partners rather than public or institutional shareholders; no parent company, PE/VC ownership, or public listing is disclosed. Revenue is generated through quote-based B2B professional services engagements tailored to client scope and complexity, delivered via partner-led teams in directly operated country offices. Distribution is exclusively direct: the firm leverages its international office network and sector communities to coordinate cross-border service delivery for multinational clients, supplemented by lateral partner hiring from Big 4 competitors and strategic acquisitions to build capability in priority markets and verticals.

Growth is pursued through a combination of strategic acquisitions, lateral partner hiring, organic office openings, and capability-driven product launches. Notable transactions include the July 2023 acquisition of Advestis (an AI research firm) to build algorithmic and data science capabilities, the December 2022 acquisition of Samet & Company PC to deepen Boston financial services presence, and the January 2026 opening of a Birmingham, UK office. The combined entity reported $5.7 billion in global revenue for FY2024-2025, representing 11% year-over-year growth and marking the first full-year performance following the merger.

Name

Mazars

Legal name

Forvis Mazars Group

Website

https://mazars.com

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Forvis Mazars is a top-10 global professional services network formed by the 2024 merger of Mazars and Forvis. Its 40,000 professionals across 100+ countries deliver audit, tax, advisory, consulting, legal, and outsourcing services to multinationals, SMEs, and public sector clients.

Ownership category

akta.pro rank

Product category

Professional Services (Audit, Tax, Advisory)

NAICS

Offices of Certified Public Accountants (541211), Administrative Management and General Management Consulting Services (541611), Management Consulting Services (54161), Professional Employer Organizations (56133)

SIC

Services-Management Consulting Services (8742), Services-Management Services (8741)

akta.pro primary industry

Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI)

akta.pro secondary industry

Professional Employer Organization (PEO) / Co-Employment Services (BPACAHAB)

Keywords

• Audit and assurance services
• Tax compliance advisory
• Management consulting services
• Financial advisory deals
• Legal and outsourcing

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices3 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: Financial audit, corporate reporting, independent assurance and reviews, and training services. Led service offerings contributing 45% of total revenue with double-digit growth.
2. Tax Services: Tax compliance, corporate structures, international tax, M&A tax, transfer pricing, VAT & indirect tax, tax transformation, and tax disputes & governance.
3. Consulting: Management consulting, risk consulting, and technology & digital consulting services.
4. Financial Advisory: Deals, financing, and crisis & disputes services.
5. Legal Services: Corporate & commercial, corporate secretarial, dispute resolution, employment, legal compliance, and transaction support.
6. Outsourcing: Global compliance & reporting, tax compliance, accounting & reporting, HR & payroll, corporate secretarial, and secondment services.
7. Sustainability Services: Sustainability reporting & assurance, ESG strategy & transformation, and sustainable finance.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Mazars (now Forvis Mazars) provides integrated professional services including financial audit and assurance, tax compliance and advisory, management and technology consulting, financial advisory (deals, financing, crisis & disputes), legal services, outsourcing (accounting, HR/payroll, corporate secretarial), and sustainability/ESG services. The firm delivers these through a globally integrated partnership of approximately 40,000 professionals operating across more than 100 countries and territories, serving organizations ranging from SMEs to large multinational corporations.

Product overview

Forvis Mazars operates as an internationally integrated professional services network resulting from the June 2024 merger of U.S.-based Forvis and Paris-based Mazars. The unified firm offers a comprehensive portfolio organized around core service lines: Audit & Assurance, Consulting (including Technology & Digital Consulting), Financial Advisory (Deals), Legal Services, Outsourcing Services, Sustainability Services, and Tax Services. The portfolio is complemented by industry-specific expertise across nine sectors including Financial Services, Manufacturing, Private Equity, Technology/Media/Telecommunications, and others. The firm also provides International Desks (Global French, German, China services) and Private Client Services. A key capability enhancement came through the July 2023 acquisition of Advestis, an AI research company, which expanded their Data Services team to 90 members in France with focus on algorithmic R&D. The combined entity generated $5.7 billion in global revenue in FY2024-2025.

Differentiator

Problem solved

Functional benefit

Brands

• AI Impact Hub: Forvis Mazars' hub for AI-related insights, research, and digital transformation content covering artificial intelligence impact across industries.

Products and services

• Audit & Assurance Financial audit, corporate reporting, independent assurance & reviews, and training services for organizations of all sizes. Audit and assurance contributed 45% of total revenue with double-digit growth.
• Tax Services Tax compliance, corporate structures, international tax, M&A tax, transfer pricing, VAT & indirect tax, tax transformation, global mobility and employment tax, private client tax, tax disputes & governance, and global tax credits & incentives services.
• Consulting Management consulting, risk consulting, and technology & digital consulting services to help organizations improve operations and manage risks.
• Financial Advisory Deals, financing, and crisis & disputes services supporting clients through transactions and financial challenges.
• Legal Services Corporate & commercial, corporate secretarial, dispute resolution, employment, legal compliance, and transaction support services.
• Outsourcing Services Global compliance & reporting, tax compliance, accounting & reporting, HR & payroll, corporate secretarial, and secondment services.
• Sustainability Services Sustainability reporting & assurance, ESG strategy & transformation, and sustainable finance services.
• Government Outsourced Accounting Services Specialized outsourced accounting services designed for public sector clients, launched August 2024.

Quantifiable outcome

• $5.7 billion combined global revenue for FY2024-2025, representing 11% year-over-year growth
• +3 more outcomes

Named customers2 records

Segments11 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature1 record

Partnerships

One partnership is on record.

• AdvestiscoreStrategic or Co-development Partner · 18 July 2023Mazars acquired Advestis, a research company specializing in AI, to accelerate R&D efforts in data science and artificial intelligence. The acquisition increased Mazars' Data Services team in France to 90 members with focus on algorithmic research and development, aligning with strategic push into AI innovation.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• RSM International: RSM is a global network of independent audit, tax, and consulting firms focused on middle-market businesses. It is directly comparable to Forvis Mazars in target client segment and service line breadth.
• KPMG: KPMG is a Big Four global professional services network offering audit, tax, and advisory services. It is a direct competitor to Forvis Mazars, and notably the prior employer of partner Brad Savage, illustrating the lateral talent flow between the two networks.
• EY (Ernst & Young): EY is a Big Four global professional services firm providing audit, tax, consulting, and strategy & transactions services. It competes directly with Forvis Mazars across all service lines and especially in the multinational audit and financial advisory segments where scale and global coverage matter.
• BDO International: BDO is a top global accounting and advisory network, positioned similarly to Forvis Mazars as a credible alternative to the Big Four for mid-market and middle-market enterprise clients. It competes directly for audit, tax, and advisory mandates in the same client segments.
• Deloitte: Deloitte is one of the Big Four global professional services networks offering audit, tax, consulting, and advisory services worldwide. It directly competes with Forvis Mazars for multinational audit mandates and large-scale advisory engagements across the same 100+ country footprint.
• Crowe Global: Crowe is a global accounting network providing audit, tax, advisory, and consulting services, ranked among the top global networks. It is a direct competitor to Forvis Mazars in the mid-tier enterprise segment with a comparable service portfolio.
• Moore Global: Moore Global is an international accounting and advisory network serving SMEs and mid-market clients across more than 100 countries. It is directly comparable to Forvis Mazars in scale, geographic footprint, and target client base.
• PwC: PwC is one of the Big Four global professional services networks, delivering audit, tax, and advisory services across all major markets. It competes head-to-head with Forvis Mazars for enterprise audit, international tax, and consulting mandates, particularly for cross-border engagements.
• Baker Tilly International: Baker Tilly is a top-10 global accounting network offering advisory, tax, and assurance services to mid-market clients. It competes with Forvis Mazars in similar client segments and geographies, particularly in Europe and the Americas.
• Grant Thornton International: Grant Thornton is a leading mid-tier global accounting network providing audit, tax, and advisory services. It competes with Forvis Mazars for mid-market audit and advisory clients and has a comparable international footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/MazarsGroup
• Facebookfacebook.com/MazarsGroup
• LinkedInlinkedin.com/company/mazars
• Instagraminstagram.com/ForvisMazarsGroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A4 records

Investments

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

Frequently asked questions about Mazars