The auditing and consulting giant Forvis Mazars is in advanced negotiations to buy a firm in Aveiro. This move is a key part of the Forvis Mazars growth strategy Portugal, aimed at creating regional hubs to stay closer to clients and academic talent.
Strategic Expansion in the North
Sérgio Santos Pereira, the firm’s country managing partner, confirmed that the Aveiro deal has already passed the risk assessment phase. The company is also exploring a similar opportunity in Braga to strengthen its connection with the University of Minho.
This trend is common in Accounting firm mergers Portugal 2026, as local firms seek international integration to meet new regulatory and technological demands.
Quality and Selective Growth
The Forvis Mazars Aveiro acquisition 2026 follows a strict vetting process. The firm recently declined other deals because the targets did not meet the quality standards required by the CMVM (Portuguese Securities Market Commission).
According to the latest reports on devs.com.pt, maintaining high-tier auditing standards is non-negotiable for the group, which saw global revenues hit approximately €5 billion last year.
While the Aveiro negotiations are at an advanced stage, the final approval rests with the board of partners. As noted in the technology news section, this decentralized model is designed to attract young talent from regional universities and solve succession issues in local audit firms.
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