The Partnership Targets Firms Representing Over $250 Million in Aggregate Revenues Within 30 Months

Chennai-based DVS Advisory Group has signed an exclusive strategic alliance with US-based Whitman Advisory, aiming to acquire American accounting firms and invest up to $500 million over five years. The partnership targets firms representing over $250 million in aggregate revenues within 30 months. DVS Founder and CEO Divakar Vijayasarathy said the initiative could generate more than 2,000 high-paying jobs in India, facilitate access for over 25,000 American businesses, and catalyze over $5 billion in investment into India.

Phil Whitman, Founder of Whitman Advisory, said the combination of shared values and global capabilities makes this an exciting partnership. The alliance seeks to strengthen the India-US professional services corridor and build a new model for the accounting industry, preserving local firms' independence while providing access to global markets and institutional capital.