Forvis Mazars grows Birmingham team amid strong service expansion
Forvis Mazars’ Birmingham office experienced growth across all services in 2024, with its team expanding by 20%.
Located at Two Chamberlain Square, the global professional services firm now employs a total of 340 staff across audit, tax, advisory, and consulting services.
Following the formation of Forvis Mazars on June 1, 2024, the firm has joined the ranks of the largest international professional services networks. It saw an 8.3% increase in the UK during the year to August 31, 2024, recording a revenue of £362.4m. This marks the fifteenth consecutive year of growth.
Mazars and Forvis joined together to create a £4bn global network with 40,000 people. Forvis acquired the US unit of Mazars, a move that allowed Mazars to build on its existing US presence and Forvis to have an international reach.
Stephen Lewis, Birmingham Office Managing Partner, said: “It’s been another successful year for the team in Birmingham. We are pleased to have seen growth across our business, and have substantially expanded our team to support this growth and maintain a high level of service to our clients. We’re also proud to support the local community in Birmingham and look forward to providing further opportunities in the next year.”
Forvis Mazars saw strong growth across service lines and sectors. Investment in audit services resulted in 15.1% growth, whilst sustainability services recorded rapid growth (45.4%).
Headcount across the group grew by 6% (to 3,469). The firm continued to expand its partnership, which now totals 186, nearly a third of whom (30.5%) are female.
James Gilbey, CEO of Forvis Mazars in the UK said: “Despite a challenging market and economic headwinds over the past year, we’ve achieved sustainable growth in revenue, profitability and headcount. Thanks to our multidisciplinary model, our teams have been able to listen to clients’ needs and respond with the right expertise and support, across service lines, to meet their objectives.
“I’m particularly proud of the strong growth in audit, reflecting both the shifting dynamics in the top end of the audit market and our investment in competing to win in key audit sectors; building expertise and systems to deliver quality for our clients”.
