New Firms Bring Strategic Growth to the Praxity Alliance
Nwanda, South Africa
The Praxity Alliance is proud to introduce new member firm Nwanda of South Africa, alongside new branches of member firm Talenz of France, further extending collaboration with the group.
Both new additions bring huge experience, ability and expertise, along with a strong territorial knowledge base. These new relationships give the Praxity Alliance yet more breadth and depth, expanding our talent base further into Europe and Africa.
“We were growing organically and we didn’t want to lose that independence.”
Bob Borrill, Nwanda Managing Partner
Nwanda Brings Strong Growth and Cross-Border Experience
The South African firm has achieved strong organic growth and built an outstanding reputation in its own jurisdiction. Their inclusion will help to further facilitate international collaboration and cross-border business in the region. Retaining independence is a key aspect of Praxity’s award-winning approach to accountancy and was the decisive factor for Nwanda.
Headquartered in Johannesburg, Nwanda is a thriving firm with eight partners and 65 staff. It serves more than 2000 clients in a variety of industries, including large owner-operated companies and subsidiaries of listed companies. The firm also supports clients doing international business throughout Africa, as well as in Europe and Australia.
The firm embraced the opportunity to be part of the Alliance, citing the benefits of being part of a quality-assured international organisation while retaining operational independence:
“We were growing organically and we didn’t want to lose that independence. When everyone is in a trusted partnership as they are in Praxity, you can reach out to other member firms. If one of our clients has an operation in another country we can contact a member firm in that specific country for specialist support, and vice-versa.” – Bob Borrill, Nwanda Managing Partner.
The Nwanda partners are keen to explore networking and secondment opportunities within Praxity, with the Alliance offering offering a chance for both young trainees and more senior employees to gain experience in other markets and across different territories. The firm’s expertise adds huge value, both to the African region and to the Alliance as a whole.
"Here at Talenz, we share the same values of quality, integrity, ethics and flexibility."
Richard Petit Partner at Talenz Axe Conseils
Five Firms in the Talenz Group Bring a Wide Range of Specialities
Talenz Axe Conseils will already be a familiar name amongst Alliance members, with offices across France. The addition of all of the Talenz firms is an exciting development, with these five new branches bringing specific industry knowledge and expertise, each being a leader in their respective areas:
- Talenz Ares – construction
- Talenz Comexpert – automobiles and pharmaceuticals
- Talenz Sofidem – delivery platform
- Talenz MGA – pharmaceuticals
- Talenz Toadenn – retail and agri-food
Richard Petit, Partner at Talenz Axe Conseils, said he was “delighted” Praxity membership had been extended to all the Talenz firms, adding: “Praxity is renowned as the world's largest alliance of independent and unaffiliated audit and consulting firms. Here at Talenz, we share the same values of quality, integrity, ethics and flexibility.”
Commenting on the benefits of joining Praxity, he said: “Membership provides access to worldwide resources, business opportunities, quality recognition and the opportunity to represent Praxity in France as an ambassador.”
The Talenz group is the 11th largest audit association in France. It employs more than 1200 staff in 42 offices across France and has 8 service lines. The five new firms in the Praxity Alliance offer specialised coverage and deep sector knowledge, with pan-European expertise across many areas.
Just ahead of these two new member firms, the Praxity Alliance has also recently welcomed Prime Solutions in Panama, Magma in England, and Olistica Business Partners in El Salvador. The new additions are part of a strategy to provide consistent, high-quality services across the globe to help companies do cross-border business. You can read more about these new Alliance members here. With these new collaborations and consistent growth, the Alliance continues to grow in scope and primacy.