Mazars, an international, integrated and independent organisation specialized in audit, accountancy, tax, legal and advisory services, has announced a major strategic merger with the German firm Roever Broenner Susat. In Germany, this strategic merger will position Mazars in the Top 10 in the industry.
The new entity turns to 1,000 staff, including 68 partners, spread out in 12 offices around the country. The clients of Mazars in Germany will hence benefit from comprehensive, state-of-the-art services in Audit, Tax, Accountancy and Outsourcing, Financial Advisory and Law. Christoph Regierer and Gregor Kunz, partners at Roever Broenner Susat, will respectively join Mazars’ Group Executive Board and Group Governance Council.
Philippe Castagnac, Mazars’ Group CEO and Chairman of the Executive Board, underlines that “the European Audit Reform is opening new doors for Mazars, a bona fide international partnership with European origins. Welcoming Roever Broenner Susat into our firm strengthens our position at the heart of Europe’s first economic power. It’s a smart move”.
“We share with Mazars a culture that is demanding and independent. Our capacities are very complementary and this merger will allow us to provide our clients with quality internationally-focused services”, emphasise Gregor Kunz, Dr. Christoph Regierer and Dr. Jost Wiechmann, on Roever Broenner Susat’s side.
Mazars started activity in Germany in 1977, with the first office open in Frankfurt. Merging with Roever Broenner Susat will enable Mazars, already present in Germany, to create an influential player in the national and international scope of Europe’s heftiest economy.
Present with 250 offices in 73 countries, Mazars has doubled its revenues over the past 10 years, reaching 1.2bn€ in 2015, with the help of over 15,000 talents around the world. Mazars in Germany will now contribute to nearly 10% of Group overall activity. As part of its global growth strategy, Mazars constantly strives to identify and integrate top talents from firms that share its values and demonstrate excellence and continued professionalism.
The merger is subject to the approval of the German competition authorities.
Mazars is an international, integrated and independent organization, specializing in audit, accountancy, tax, legal and advisory services. The Group draws on the expertise of 15,000 professionals to assist major international groups, SMEs, private investors and public bodies in 73 countries that are part of its integrated partnership.
About Roever Broenner Susat
With almost 80m€ in annual revenues and ten business locations, Roever Broenner Susat is one of the leading audit and tax consulting firms in Germany. The firm has a total of 54 partners and 750 employees, including 240 certified professionals. The firm primarily specialises in serving medium-sized and owner-managed enterprises and offers them comprehensive consulting services in the areas of audit, tax, law and corporate finance & consulting.