Mazars has agreed to combine its US business with Forvis, a top 10 American accounting firm by revenue, as part of a deal to create a global audit and advisory network with around $5bn in annual sales.
Partners at both firms voted through the tie-up on Monday, according to a person familiar with the matter, in the latest evidence of dealmaking in an industry undergoing a wave of consolidation.
Firms are rushing to build scale in order to invest in technology and compete internationally, at a time when demand for some of their services has slowed.
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