This merger will bring together strengths of both organisations across corporate finance, transactions tax, transaction support and risk consulting businesses - areas in which BMR has a strong presence.
"The combined domain expertise of the two firms will significantly enhance our impact in the domestic market, strengthening our 'one M&A' initiative and our risk consulting offerings," KPMG India chairman and CEO, Arun M Kumar, said in statement today.
BMR's co-founder and partner, Sanjay Mehta, who leads the risk and business advisory practise there, will join as a senior advisor at KPMG.
Vivek Gupta, who leads the transaction tax and restructuring vertical at BMR will now head the tax M&A team at KPMG.
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