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MGI Worldwide and CPAAI (CPA Associates International) Merger

As members of MGI Worldwide we are pleased to announce the merger of leading global accountancy groups, MGI Worldwide and CPAAI (CPA Associates International).

We are ‘excited’ about the merger, which opens up a wider knowledge base for our clients, while still delivering high-quality accountancy and business advice in almost 100 countries worldwide.

Businesses around the world will now be able to access expertise from 400 offices in all continents thanks to the merger of the two groups.

With more than 130 years in the accountancy market between them, the merger is a landmark for the two highly respected organisations and will position them 16th in the current ranking of global accountancy firms based on their combined income of almost $1 billion.

The group is looking to challenge the biggest firms, by offering the expertise of almost 9,000 professionals to a wide range of business sectors around the world, in particular in the middle of the market, where its members’ special strength lies.

A strategy of giving considerable autonomy to each of its eight global regions means that, as well as sharing knowledge and resources worldwide, firms work together regionally to offer solutions adapted to the specific needs of different cultures, economies and business realities.

Simon Turner, Managing Director at Seymour Taylor said: “We are immensely excited about the coming together of these two great organisations and consider ourselves to be in a privileged position globally thanks to this merger.

“This will ensure that our clients have access to some of the best expertise internationally and will widen our own service offering so that we can assist a greater variety of businesses and individuals.”

With a shared set of values and business profiles, the merger will ensure that clients can also benefit from wider geographical support, a consistency of quality governance worldwide and access to new technological solutions, as well as expertise in niche areas such as forensic accountancy, international tax, business recovery and family office services.

The deal was finalised at a global meeting in Dubai, UAE, where member firms voted overwhelmingly in favour of the coming together of the two firms – with many making use of the latest technology to respond and take part in discussions via live-streaming.

To find out more about each organisation and the merger, please visit www.cpaai.com and www.mgiworld.com