Nikhil Kamath-backed accounting firm KNAV announces merger with HLG Netherlands

This affiliation between KNAV and HLG strengthens their combined ability to offer a unique blend of local expertise and global resources to clients worldwide

KNAV, the Atlanta-based accounting and consulting firm backed by entrepreneur and investor Nikhil Kamath, announced on November 4 its strategic merger with HLG Netherlands, effective from October 16, 2024.

"Both KNAV and HLG Netherlands are members of Allinial Global, the second-largest accounting association of independent accounting firms. This affiliation strengthens their combined ability to offer a unique blend of local expertise and global resources to clients worldwide," according to a press release.

KNAV, which began in Mumbai, India, in 1999, has grown its international solutions across the US, Europe, and Asia Pacific. In September, it received a minority investment from NKSquared, the US-based investment vehicle of entrepreneur and investor Nikhil Kamath, underscoring his confidence in KNAV’s global strategy and growth potential.

"This move represents a vital step in KNAV’s commitment to supporting Indian multinationals with comprehensive cross-border solutions that enable seamless growth in Europe and beyond," the company said.

Also, the merger with HLG enhances KNAV’s global mobility program, which aims to provide young professionals with international experience opportunities, thereby reflecting KNAV’s commitment to developing a diverse and globally experienced talent pool capable of addressing the needs of multinational clients, the release added.