Expanding its presence in the Boston area, New York-based IPA 100 firm Mazars USA LLP (FY21 net revenue of $231 million) is merging in Chestnut Hill, Mass.-based IPA 300 firm Samet & Company PC (FY21 net revenue of $15 million).
“This acquisition significantly expands our footprint in the Boston market, which is an important financial services hub and key to our global growth strategy,” says Mazars chairman and CEO Victor Wahba. “Samet’s strength working with clients across audit, tax and accounting advisory in the region, aligns with our goal of expanding nationally and building our capabilities in the Boston region.”
For more than 50 years, Samet & Company has provided financial, tax and consulting services for privately owned businesses, entrepreneurs, family offices and high-net-worth individuals, with clients across industries such as manufacturing and distribution, real estate and technology.
“Joining Mazars allows our team to expand the services and capabilities we can offer to our clients both in Boston and beyond,” adds Samet & Company MP Jay Kessler. “We’re looking forward to bringing our expertise and talent to Mazars, contributing to future growth and enhancing the offerings we provide to our clients to help them achieve their goals.”