Mazars acquires Corality
International audit, accountancy, audit and tax consultancy company, Mazars has announced this week it is to acquire Sydney-based financial modelling, audit and training firm, Corality Financial Group.
The transaction is scheduled for completing in August and will extend Mazar's footprint further into the Asia Pacific.
Corality is a privately-owned financial modelling practice founded in Sydney with offices in London and New York, employing more than 40 staff.
According to the transaction announcement, the combination of Mazars' project finance team and Corality will create a unique offer to the infrastructure finance market and the number one ranked model auditor, globally.
Commenting on the transaction, international board member and Mazars UK senior partner, Phil Verity said it represented a significant strategic move for Mazars that would enable it to increase its footprint in infrastructure finance and to partner with clients in any jurisdiction from Asia Pacific to EMEA, to the Americas.
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