KPMG India to merge BMR's M&A and risk consulting businesses

New Delhi: Professional services firm KPMG in India on Thursday said that it will merge the transactions (M&A) and risk consulting businesses of BMR.According to the company, the merger will combine the strengths of both the organisations across corporate finance, transactions tax, transaction support and risk consulting businesses."The combined domain expertise of the two firms will significantly enhance KPMG's impact in the Indian market, strengthening our ‘One M&A' initiative and our risk consulting offerings," Arun M. Kumar, Chairman and CEO, KPMG in India, commented,"We are confident that our current and prospective clients will derive immense value from the strengths that our new colleagues will bring to our firm."The firm added that with the merger it will secure its position as one of the most respected transactions teams in the country.