Company Overview

KPMG is one of the world's leading professional services organizations, with a unique heritage spanning over a century of accounting and business advisory excellence. The firm's name itself tells the story of its founding legacy—'Klynveld Peat Marwick Goerdeler'—honoring four pioneering accountants whose firms merged to create the modern KPMG. From Piet Klynveld opening his small Amsterdam accounting firm in 1917, to William Barclay Peat starting his London practice in 1891, to James Marwick establishing operations in New York in 1897, these visionary founders laid the groundwork for today's global powerhouse.

The historic moment came on January 1, 1987, when Peat Marwick merged with Klynveld Main Goerdeler (KMG) in what was then the largest merger in accounting history, with combined worldwide revenues of $2.7 billion. This mega-merger, approved by Peat Marwick's 2,733 partners and KMG's 2,827 partners, created KPMG with headquarters in Amsterdam and operations spanning the globe.

Today, KPMG operates across 143 countries with 275,288 employees and over 90 offices throughout the United States alone. In fiscal year 2024, KPMG achieved $38.4 billion in global revenue, representing impressive 5.4% growth—the highest year-over-year revenue growth among the Big Four firms. The firm's integrated model comprises audit, tax, and advisory services, with all three core service lines achieving year-over-year revenue growth, led by tax and legal services at 9.9% growth.

Under the leadership of Global Chairman and CEO Bill Thomas since 2017, KPMG has invested heavily in digital transformation, including a landmark $100 million investment in its Google Cloud practice and the launch of KPMG Clara, the firm's smart audit platform. The firm has also made strategic acquisitions like LlamaZOO and partnerships with technology leaders including Microsoft, Google Cloud, and Hippocratic AI. With its mission to be the 'Clear Choice' and values centered on doing what is right, never stopping learning, and thinking boldly, KPMG has landed on Fortune's 100 Best Companies to Work For list for 18 consecutive years.

Founded
1987
Headquarters
Amsterdam, Netherlands (global merger)

The KPMG Story

Founded in 1987
Amsterdam, Netherlands (global merger)
Founded by Piet Klynveld (K), William Barclay Peat (P) and 2 others

Founders

Piet Klynveld (K)William Barclay Peat (P)James Marwick (M)Reinhard Goerdeler (G)
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Market Leader

KPMG is recognized as a market leader in the Professional Services sector, demonstrating strong industry presence and customer trust.

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