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Grant Thornton Goes Global While the Big Four Hit Pause
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Subscribe25 APR 2025 / ACCOUNTING & TAXES
Grant Thornton US, backed by a private equity consortium led by New Mountain Capital, is undergoing major expansion across Ireland, the UAE, Luxembourg, the Cayman Islands, and the Netherlands, disrupting traditional business models in pursuit of Big Four accounting firm ambitions. This aggressive strategy aims to merge economics, operations, and workforce under one entity, Grant Thornton Global Advisors, and is expected to provide customers a unified service experience, access to broader expertise, better tech and data flow, and aligned incentives, shaking up the usual mid-tier accounting paradigm.
What do you get when you mix private equity with accounting firms in financial hot spots? A bold global makeover. Grant Thornton US, once considered a strong mid-tier player, is now rolling like it’s got Big Four ambitions, and the gas in the tank is a pr...
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