Confiance, which offers business services and accounting solutions, has expanded its global presence with the purchase of Meru Accounting.
The acquisition unites more than 1,500 professionals, bolstering Confiance’s ability to serve an international client base.
Financial terms of the deal remain undisclosed.
Based in Ahmedabad, Gujarat in India, Meru Accounting is led by Rushabh Shah and Harnish Shah.
The firm is engaged in providing accounting, tax, and bookkeeping services across New Zealand, Australia, US, and UK.
The acquisition integrates Meru Accounting’s expertise in these services with Confiance’s comprehensive service portfolio.
Confiance said the move results in a “stronger, more versatile” organisation that offers clients of both firms access to an expanded range of services and enhanced capabilities.
A “carefully planned” integration process will be put in place to ensure continuity of service for all clients, the firm noted.
Confiance CEO Raj Shah said: “This acquisition represents a significant step in our growth strategy.
“Meru Accounting’s excellent reputation, complementary service offerings, and presence in key markets make them an ideal partner. Together, we’ll provide enhanced value to our clients while creating new opportunities for our combined team.”
Confiance, with more than 1,000 employees, delivers comprehensive business process outsourcing and accounting solutions across various industries.
The company, headquartered in Ahmedabad, India, has presence in multiple global markets, serving both SMEs and large enterprises.
“Confiance expands with acquisition of Meru Accounting ” was originally created and published by International Accounting Bulletin, a GlobalData owned brand.
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