Many Middle Market Companies With Global Operations Have Found Success and Intend to Expand Overseas, KPMG Survey Finds

March 11 - PRNewswire - Overseas markets are proving fruitful for middle market companies and, facing a declining U.S. economy, many are intending to expand globally, according to a survey by KPMG LLP, the U.S. audit, tax and advisory firm.

KPMG's Global Enterprise Institute, dedicated to global middle market companies, surveyed 1,013 executives from middle market companies in 10 cities across the country in December and January to gauge success overseas, to assess plans for future expansion and to better understand key challenges and risks. In doing so, KPMG found that 58 percent of middle market executives plan to expand their global presence in the next five years, compared with 33 percent who expressed that they will maintain their current size.

In addition, 41 percent of the surveyed executives felt that their company has been successful at achieving its global expansion objectives over the past two years, compared to 20 percent who indicated limited success. The global aspect of their business strategy was also expected to increase, with 39 percent indicating that global expansion is an integral part to their company's growth strategy. Read More.