Editing KPMG (section)

== History of KPMG ==
KPMG’s origins trace back to the late 19th century, with the formation of its founding firms. The acronym '''KPMG''' stands for '''Klynveld Peat Marwick Goerdeler''', representing the merger of several key firms:

* '''1870''': William Barclay Peat founded '''William Barclay Peat & Co.''' in London.
* '''1911''': Klynveld Kraayenhof & Co. was established by Piet Klynveld in Amsterdam.
* '''1925''': Marwick, Mitchell & Co. was formed by James Marwick and Roger Mitchell in New York.
* '''1987''': The modern KPMG was created through the merger of '''Peat Marwick International (PMI)''' and '''Klynveld Main Goerdeler (KMG)''', forming '''KPMG International Cooperative'''.

Since its inception, KPMG has grown through strategic mergers, acquisitions, and organic expansion, solidifying its position as a global leader in professional services. Notable milestones include its industry-driven organizational structure, pioneered by KPMG LLP in the U.S., and its ongoing investments in technology and talent.