We are pleased to announce the merger of our firm, Baker Tilly Spain, with Audalia Nexia, in a key agreement for our expansion in the Spanish market.
This merger significantly strengthens our presence in Madrid, the country's main market, and reflects our commitment to service excellence and talent development. After more than a year of analysis, this integration will enable us to combine strengths to offer a broader and more diversified range of services both locally and internationally. Audalia, with 45 years of experience and a team of 120 professionals, will complement our audit, consulting, tax, and legal services, contributing their knowledge and expertise. As a result, Baker Tilly Spain will now have more than 550 professionals distributed across eight offices and a combined revenue of nearly 60 million euros.
We will remain organized into three main divisions: audit, advisory, and tax and legal advisory, with a special focus on key sectors such as technology, real estate, energy, and the nonprofit sector. This integration will allow us to accelerate our digital transformation and enhance our ability to deliver innovative solutions to our clients.
Xavier Mercadé, CEO of Baker Tilly Spain, emphasized that “this is a fundamental strategic step to consolidate our project in the Spanish market. We have achieved the positioning we were aiming for and are making a very significant leap in Madrid, doubling our capacity and services. The shared culture and values with Audalia Nexia have been key to enabling us to announce this agreement today."
Santiago Alió, from Audalia Nexia, highlighted: "The professionals at Audalia Nexia will continue to work tirelessly to become a benchmark for professional services at both the local and international levels. After 45 years in the market, we have found in Baker Tilly an environment that allows us to keep growing, with a commitment to talent retention, investment in technological capital, and the digitalization of our processes."
This agreement strengthens our connection with the international network of Baker Tilly, one of the top 10 globally, with a presence in more than 141 countries. Furthermore, our clients will benefit from greater international reach and the backing of a global platform.
Finally, the offices in Madrid will move to a new space on Paseo de la Castellana, while the Audalia team in Barcelona will join our offices on Avenida Josep Tarradellas. All clients will continue to receive the same service from their usual teams, now with an enhancement in talent and experience.
