PracticeAccounting FirmsMazars buys Corality Financial Group

Mazars buys Corality Financial Group

Mazars to acquire financial modelling consultancy and training provider Corality Financial Group

MAZARS is to acquire Corality Financial Group, a financial modelling, model audit and training business. The deal is due to complete in August.

The combination of Mazars’ project finance team and Corality, a privately-owned financial modelling practice employing more than 40 staff and global turnover of €8.26m, creates a one-stop service for project financial advisory and transaction services, project valuation, financial modelling and training services, the firm said.

The deal creates a team of over 120 professionals, servicing clients around the world, from regional hubs in London, New York and Sydney, with dedicated infrastructure finance teams in Delhi and Johannesburg linking with Mazars offices in 77 countries for tax and accounting and local advice.

International board member and Mazars UK senior partner Phil Verity, said: “This acquisition is a significant strategic move for Mazars that will enable us to increase our footprint in infrastructure finance and to partner with clients in any jurisdiction from Asia-Pacific to EMEA, to the Americas. Corality is renowned for its exceptional financial modelling consultancy and training academy and is a great match with Mazars. Combined, we have a truly world class infrastructure finance team.”

Related Articles

Mazars appoints new partner to accounting and outsourcing team

Accounting Firms Mazars appoints new partner to accounting and outsourcing team

2m Emma Smith, Managing Editor
Smith & Williamson and Rathbones merger talks end

Accounting Firms Smith & Williamson and Rathbones merger talks end

3m Alia Shoaib, Reporter
Tilney and Rathbones in bidding war over Smith & Williamson merger

Accounting Firms Tilney and Rathbones in bidding war over Smith & Williamson merger

3m Alia Shoaib, Reporter
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor
Senior partner elected for second term at Mazars

Accounting Firms Senior partner elected for second term at Mazars

10m Stephanie Wix, Writer
Deloitte acquires Swedish digital agency Acne

Accounting Firms Deloitte acquires Swedish digital agency Acne

3m Alia Shoaib, Reporter
Mazars appoints new corporate finance partner

Accounting Firms Mazars appoints new corporate finance partner

5m Emma Smith, Managing Editor
Mazars announces new partner promotion

Accounting Firms Mazars announces new partner promotion

9m Emma Smith, Managing Editor