Atlanta-based IPA 300 firm KNAV Advisory Inc. (FY23 net revenue of $17.3 million) has announced that it has combined with HLG Netherlands, effective Oct. 16. This merger builds on a five-year joint venture between the firms. The combination of the two Allinial Global member firms comes at a time when KNAV is rapidly strengthening its global presence. Earlier this year, KNAV acquired N&S in Singapore, and the merging of HLG Netherlands marks its second significant merger of 2024.
“This combination allows us to fully integrate our Netherlands operations, creating more value for our clients,” said Nishta Sharma, CEO of KNAV. “We’ve enjoyed a strong partnership with HLG over the past five years, and this integration enhances our ability to deliver seamless, high-quality services across borders.” The Allinial Global affiliation allows KNAV and HLG Netherlands to deliver international capabilities that bring a stronger, more cohesive experience to their multinational clients.
For HLG Netherlands, the combination offers increased capabilities and access to KNAV’s international network, enabling the firm to deliver a broader range of services to clients in the Netherlands. “This combination enhances our ability to serve our clients with expanded resources and global reach, while maintaining the personalized service we are known for,” said Carlos Apapoe, MP of HLG. In addition, Carlos will serve on KNAV’s board of directors, contributing to the integration and strategic direction of the combined firm.
KNAV’s continued growth has been further supported by a minority investment in September 2024 from NK Squared, a U.S.-based investment vehicle of Nikhil Kamath.
