KNAV acquires majority stake in UAE's Affiniax

Mumbai: Global accounting and consulting firm KNAV has acquired a majority stake in Affiniax Group, a UAE-based assurance and advisory firm, for an undisclosed amount.

Both KNAV and Affiniax Group are members of Allinial Global, an association of independent accounting and advisory firms.

Headquartered in Atlanta and founded in Mumbai in 1999, KNAV has evolved into a global player with operations across the United States, the United Kingdom, Singapore, Canada, the Netherlands, and the Philippines.


"Our investment in the UAE reflects KNAV's continued focus on building scale in key international markets as an integrated, seamless, high-quality service provider," said Nishta Sharma, CEO of KNAV Advisory.