Jefferson Wells, a global provider of risk advisory, tax, and finance and accounting-related services, announced it has established an alliance with Baker Tilly Mexico, an independent member of the international accounting and consultancy network, Baker Tilly International.
The alliance agreement marks Jefferson Wells' fifth expansion in 12 months and is its first into Mexico, Central America, and the Caribbean.
"As our clients evaluate growth in emerging markets, Jefferson Wells serves as a strategic partner, providing immediate access to expertise and experienced resources at the local level to maximize the value of their current initiatives and plan for the future," said Michael Touhey, president and chief operating officer of Jefferson Wells. "Baker Tilly Mexico has fostered a strong reputation for superior technical and industry-focused services to clients. We look forward to working together to further enhance our ability to deliver the right talent and expertise to clients with operations in Mexico, Central America and the Caribbean."
In April, the World Bank and International Monetary Fund (IMG) released reports predicting Central America's growth will hit 4 percent in 2010. Emerging markets are leading the recovery with Latin America's rebound ranking second only to Asia. While Mexico experienced a contraction in 2009, it is expected to see growth of 4.25 percent this year in tandem with the recovery of the U.S. economy. Panama will lead Central America this year with GDP growth projected to hit 5 percent. The need for business advisory services, including risk, tax, and finance and accounting, in these markets will increase with this growth.
"In a global environment, open to business transactions with no boundaries, it is critical to have strategic partners that are industry leaders and can provide our clients with the experience and services they need here and around the world," said Armando Valera Benito, senior partner with Baker Tilly Mexico. "Jefferson Wells' well-respected and firmly-established presence worldwide, as well as its talented professionals, makes it an exceptional partner for us. Together we can leverage our collective leading practices and tools to better serve our clients."
Headquartered in Mexico City, Baker Tilly Mexico was established in 2007. It has 17 regional offices which provide a variety of professional services including risk advisory, information security, financial accounting and management, and tax.
About Baker Tilly Mexico:
Headquartered in Mexico City, Baker Tilly Mexico, S.C. offers high-quality professional business services to national and international organizations through a team of talented, experienced professionals. The firm functions as an independent member of the network named Baker Tilly International. For more information, visit http://www.bakertillymexico.com.
About Jefferson Wells:
Jefferson Wells is a global provider of professional services in the areas of risk advisory, tax, and finance and accounting-related services. Headquartered in Milwaukee, Jefferson Wells serves clients, including Fortune 500 and Global 1000 companies, through highly experienced professionals working from offices worldwide. Jefferson Wells is an independently operating, wholly owned subsidiary of Manpower, Inc. (NYSE: MAN). www.jeffersonwells.com.