Kreston Global network revenues surge 39% to $4.3bn

Kreston Global has reported a 39% increase in total network revenues to $4.3bn (£3.21bn), driven by organic performance and acquisition activity across its member firm network.

The growth reflects an expansion of advisory and audit services as member firms scale their capabilities within the global accounting market. 

Regionally, the network reported growth across all major markets. North America recorded the strongest increase at 72%.  

Strong performance was also seen in other regions, including the Middle East with 28% growth, Latin America with 13%, and Europe with 7% growth.

According to Kreston Global, the network’s strategy continues to focus on the integration of independent accounting and advisory firms to provide local and international support. 

By increasing its market presence through mergers and acquisitions at the member-firm level, Kreston Global intends to enhance its service capabilities in increasingly regulated markets. 

Looking forward, the network plans to prioritise sustainable growth and further international collaboration. 

Liza Robbins, chief executive at Kreston Global, said: “We have achieved growth across our global network. While much of this growth has come from our North America region, we have also seen increases across our Europe, Latin America and the Middle East regions. This highlights the success of our firms in supporting clients locally and internationally.”