KPMG Cambodia Limited has acquired the Phnom Penh based Audit, Tax and Advisory business of Premier Consulting (Cambodia) Limited. The combined business will employ almost 200 professionals, providing services to the corporate, NGO and Government sectors in Cambodia.
In announcing the transaction, Warrick Cleine, Chairman of KPMG in Vietnam and Cambodia, highlighted KPMG’s confidence in Cambodia’s business environment, especially in light of the AEC 2015. “KPMG works with the leading companies in South East Asia through our offices in every major city in the ASEAN region. The integration of the Premier Consulting team in Phnom Penh enhances our ability to serve clients in one of South East Asia’s most dynamic economies.”
“This deal is a powerful demonstration of KPMG’s expanding strength and commitment to serving our clients in Vietnam and Cambodia. Adding Premier’s team to KPMG significantly enhances the service offerings we will be able to provide our clients of all sizes and at every stage of the business life cycle.”
KPMG in Cambodia will continue to be led by Senior Partner, Michael Gordon, along with existing Partners Nge Huy and Lim Chew Teng. Premier’s James Roberts will join KPMG as a Partner, and Dary So will join as a Director, leading the firm’s newly established Business Services group.
“We are excited to join KPMG’s efforts to continually grow capabilities and resources in the local market. Having access to the KPMG network, will bolster our ability to provide clients in this region with an unparalleled level of service”, commented Mr. Roberts.
KPMG celebrated 20 years of successful business in Vietnam and Cambodia in 2014. The transaction became effective from 1 January 2015. Financial terms are not disclosed.