MGI Worldwide, a global network of independent audit, tax, accounting, and advisory firms, and CPA Associates International (CPAAI), have announced that they will merge, effective on January 1, 2020. The newly created organization, MGI Worldwide with CPAAI, will have more than 250 accounting, tax, and advisory member firms in over 100 countries throughout the world. The new organization will have revenues approaching $1 billion, placing it in 16th position in the global accountancy network ranking.
MGI Worldwide and CPAAI are highly complementary in terms of culture and client service philosophy. They were both formed more than 60 years ago and are well-established and active in their markets. The combination connects more than 9,000 professionals with specializations in a wide range of audit, tax, and advisory services, additional industry expertise, and significant resources in a larger geographic footprint.
Fazzari + Partners LLP is proud to be a part of this growing network of professionals. Our membership enables us to keep abreast of important new developments, while providing a seamless international service to any of our clients looking for support abroad. This merger provides our firm and our clients with a full array of new benefits, access to more business opportunities, wider global scope, technology exchange, and stronger brand recognition.
Pictured left to right: Jim Holmes, International Chairman of CPAAI; Michael Parness, President of CPAAI; Clive Viegas Bennett, CEO of MGI Worldwide; and Roger Isaacs, Chairman of MGI Worldwide, celebrating the merger agreement at MGI Worldwide’s Annual Global Meeting in Dubai, UAE.