Company Name: KPMG

Location in Docklands/Ireland: Primary office - 1 Stokes Place, St. Stephen’s Green, Dublin 2,
near Silicon Docks/Dublin Docklands. The company also has other offices in Belfast, Cork and
Galway.
Based in: London, England.
Business: KPMG is one of the “Big Four” accounting firms, providing: audit and assurance, tax
advisory, management consulting, deal advisory for mergers and acquisitions, and risk and
regulatory consulting.
Financial data:
 Revenue
o Global: 38.4 billion dollars in 2024.
o Ireland: approximately 520 billion euros in 2024.

 Profits: 404 million Pounds and a 5.1% profit growth, compared to 2023.

 Assets: Since KPMG is a privately held partnership and does not disclose detailed
financial statements like a public company. Yet, by making an estimation of the assets
that this company can own are the $ 36+ billion in revenue, across member firms in 143
countries. The company’s cash assets are divided into audit (42%), advisory (38%), and
tax services (20%). KPGM also has offices in over 140 countries, so one can assume that
these offices and the resources in each across the world are part of the company’s assets.
KPMG also owns technology and software such as KPMG Clara for audit, Ignite for tax,
and various AI/data analytics tools, which are used by the company to provide their
services. In addition, KPMG also has intellectual property and technology. For instance,
the company has audit and consulting platforms such as KPMG Digital Gateway, KPMG
Lighthouse for AI and analytics, investments in blockchain, cybersecurity, and cloud
solutions.
While exact figures aren’t public, KPMG LLP (U.S.) reported $12.5 billion in revenue
(2024) and likely holds billions in liquid assets, receivables, and infrastructure. These are
not exact asset figures because as a private partnership, KPMG is not required to disclose
detailed balance sheets. In fact, each member firm (KPMG US, KPMG UK, etc.) operate
independently under the KPMG brand, so consolidated global assets are not published.

Client Base: major multinationals in tech, finance, and pharma, many of these which are based
in Silicon Docks, Dublin, Ireland. KPMG hosts Google, Meta, LinkedIn, Stripe, and more, all
potential clients for KPMG’s tax, audit, and consulting services. KPMG serves Fortune 500
companies, governments, and major financial institutions.
 # of employees:
o Globally: 265,000
 o Ireland: 4,500

 Year the company was founded: KPMG global network was founded in 1987. The year
in which the companies Peat Marwick International merged with Klynveld Main
Goerdeler. Nowadays, all these companies operate under KPMG brand.

 Structure: Private network of member firms. KPMG is not a publicly traded company,
its member firms are owned by their partners and are not listed on any stock exchange,
but each country’s KPMG firm is a separate legal entity. Since it is not publicly traded,
KPMG does not have outside shareholders, and profits are distributed among partners.

 Company background/history: KPMG is one of the world’s most prestigious professional

services firms, renowned for its expertise in audit, tax, and advisory services. As a
member of the Big Four accounting firms, alongside Deloitte, PwC, and EY, KPMG
plays a crucial role in global business, assisting corporations, governments, and nonprofit
organizations with financial integrity, regulatory compliance, and strategic growth. The
firm’s history is a story of mergers, global expansion, and adaptation to changing
economic landscapes. Its origins trace back to the late 19th and early 20th centuries,
when several independent accounting firms were established across Europe and the
United States. These firms later merged to form the foundation of today’s KPMG;
Klynveld Kraayenhof & Co., founded in 1917 by Piet Klynveld in the Netherlands, this
firm became a key player in European accounting, while Peat Marwick Mitchell & Co.,
Formed through the merger of William Barclay Peat & Co in the UK in 1870, Marwick
Mitchell & Co. in the US, 1897, and Deutsche Treuhand-Gesellschaft, a German firm
established in 1890, which later became part of KPMG’s network.
The name KPMG was officially adopted in 1987 after the merger of Klynveld Main
Goerdeler (KMG) and Peat Marwick International, creating one of the largest
professional services networks in the world. Throughout the late 20th century, KPMG
expanded aggressively, entering emerging markets in Asia, Latin America, and Africa.
Key milestones include: 1970s-1980s rapid international growth, establishing a strong
presence in financial hubs like London, New York, and Hong Kong, 1990s expansion into
consulting services, leading to the spin-off of KPMG Consulting in 2001, later rebranded
as BearingPoint, and 2000s-Present refocusing on core services such as audit, tax, and
advisory, while investing in digital transformation, cybersecurity, and sustainability
consulting. Today, KPMG operates in over 140 countries, employing more than 265,000
professionals.
The firm’s services are divided into three main areas: audit & assurance; ensuring
financial transparency and regulatory compliance, tax & legal advisory; helping
businesses navigate complex tax laws and international regulations, and advisory
Services; management consulting, risk assessment, mergers & acquisitions, and digital
transformation. The company has also embraced emerging trends such as artificial
intelligence (AI), blockchain, and ESG (Environmental, Social, and Governance)
consulting, positioning itself as a forward-thinking industry leader.
 KPMG is consistently ranked among the top accounting and advisory firms
globally, known for its strong corporate governance and ethical standards, expertise in
financial audits for major corporations and governments, and thought leadership in risk
management and regulatory compliance.From its humble beginnings as regional
accounting firms to its current status as a global powerhouse, KPMG’s history reflects
resilience, innovation, and strategic vision. By continuously adapting to economic shifts
and technological advancements, KPMG remains a dominant force in professional
services, shaping the future of finance, business strategy, and corporate accountability. As
the firm moves forward, its commitment to excellence and integrity ensures its continued
leadership in the industry.

 News on the company: In early 2024, KPMG Ireland announced plans to create 500 new
jobs in Dublin, reinforcing its commitment to the Irish market. These roles focus on
artificial intelligence (AI), cybersecurity, and environmental, social, and governance
(ESG) consulting, sectors experiencing rapid growth due to increasing regulatory
demands and digital transformation trends. This expansion aligns with Ireland’s push to
become a global tech and financial hub, particularly post-Brexit, where Dublin has
absorbed many firms relocating from London. KPMG’s investment in talent underscores
its strategy to support MNCs in navigating complex EU regulations, tax structures, and
digital innovation.
KPMG Ireland has been instrumental in facilitating high-profile mergers,
acquisitions, and funding rounds for Silicon Docks-based companies. Notably, KPMG
advised Stripe, the fintech giant headquartered in Dublin, during its latest funding round,
which valued the company at $65 billion. Stripe’s continued growth highlights Dublin’s
attractiveness for tech firms and KPMG’s expertise in guiding high-value transactions.
Additionally, KPMG has worked with pharmaceutical and financial services firms
expanding into Europe, leveraging Ireland’s favorable corporate tax environment, though
changes under the OECD’s 15% global minimum tax will impact future strategies.
Moreover, with the European Union implementing stricter sustainability reporting
standards, KPMG has launched a dedicated ESG consulting practice in Ireland. This
service helps businesses comply with new climate disclosure laws, reduce carbon
footprints, and develop sustainable business models. For example, in 2023, KPMG
Ireland partnered with several renewable energy firms to optimize their ESG strategies,
positioning itself as a leader in Ireland’s green transition. This move not only supports
corporate clients but also aligns with the Irish government’s Climate Action Plan 2030.
In Addition, recognizing the growing influence of AI, KPMG has integrated
generative AI tools into its audit and consulting services. The firm has also established an
AI innovation lab in Dublin, collaborating with local startups and universities to develop
cutting-edge solutions for risk management and financial forecasting. This initiative
strengthens KPMG’s role in Silicon Docks, where tech firms like Google, Meta, and
Microsoft are already investing heavily in AI. By offering AI-driven insights, KPMG
enhances its value proposition for clients navigating digital disruption.
 KPMG’s presence in Dublin’s Silicon Docks underscores its strategic importance
to Ireland’s economy. Through job creation, advisory services for major tech deals, ESG
consulting, and AI innovation, KPMG is not just supporting businesses, it is shaping
Ireland’s future as a global financial and technology hub. As Dublin continues to attract
multinational investment, KPMG’s expertise will remain vital in helping firms thrive in
an evolving regulatory and digital landscape.
Sources
KPMG International. (2023). Global annual report 2023. https://home.kpmg/xx/en/home.html
Burke, C. (2024, February 15). KPMG to create 500 new jobs in Ireland with focus on AI and
cybersecurity. The Irish Times. https://www.irishtimes.com
O’Brien, C. (2023, November 10). Stripe valued at $65 billion in latest funding round as KPMG
advises on deal. Business Post. https://www.businesspost.ie
RTE News. (2023, September 18). KPMG launches new ESG advisory service for Irish firms.
https://www.rte.ie/news/business
Government of Ireland. (2023). Climate Action Plan 2030. https://www.gov.ie
KPMG Ireland. (2024). About us: Our services and locations.
https://home.kpmg/ie/en/home.html
KPMG International. (2024, December 17). Robust growth for KPMG as global revenues rise 5
percent to US$38.4 billion [Press
release]. https://kpmg.com/xx/en/media/press-releases/2024/12/robust-growth-for-kpmg-
as-global-revenues-rise-5-percent-to-us-dollar-38-point-4-billion.html
KPMG UK. (2025, January). KPMG UK records good revenue in challenging market [Press
release]. https://kpmg.com/uk/en/media/press-releases/2025/01/kpmg-uk-records-good-
revenue-in-challenging-market.html
KPMG Ireland. (n.d.). Our history. https://kpmg.com/ie/en/home/about/history.html