Crowe posts global revenues of $5.8bn
Crowe also added new members in new territories, such as Martinique and Kosovo, strengthening its vast reach to more than 150 countries and 42,000 professionals
Global accounting network Crowe Global has posted global revenues of $5.8bn (£4.6bn) in 2024, a 10% year-on-year increase.
The global network recorded solid growth across all its regions. Asia Pacific, the Middle East, and Europe reported impressive results of 16%, 23% and 13% year-on-year growth, respectively.
In 2024, the network added new members, including in China and Indonesia. It said members in key markets have also grown inorganically through strategic acquisitions to strengthen its capabilities in consulting and its core services. Crowe also added new members in new territories, such as Martinique and Kosovo, strengthening its vast reach to more than 150 countries and 42,000 professionals.
Crowe added that its “consistent growth trajectory” has been attributed to strategic investment in talent, collaboration platforms, and technology, claiming these targeted investments have been “essential” to achieve the highest quality service for clients.
During the last 18 months, Kamel Abouchacra was appointed to lead the network as CEO while several other senior level appointments were made, including a new chief operating officer, Jennifer McMahon.
Abouchacra said: “Throughout our industry, global trends have had an impact, challenging all of us to explore new technologies, shift our business models, and consider varied approaches to talent acquisition. The rise of private equity has influenced strategic direction and business structures.
“We have responded to these trends by choosing to look through the lens of opportunity, investing further in areas like AI and People Development. Our efforts in AI have produced numerous AI tools that our member firms are using to add greater efficiencies so they can spend more time-sharing experience and knowledge with their clients.Building on an admirable rise in our estimated brand value, not to mention an exceptional reputation for quality and service, we are implementing a global strategy to serve clients across our network.”
