Audit and Tax Services
Search documents
Grant Thornton to expand multinational platform with Brazilian firm addition
Yahoo Financeยท 2025-11-12 09:59
Core Insights - Grant Thornton Advisors is integrating Grant Thornton Brazil into its multinational platform, enhancing its presence in South America [1][2] - The platform will now include 16 firms operating across 20 time zones, following similar integrations with Grant Thornton New Zealand and Grant Thornton Poland [1][5] - Grant Thornton Brazil has approximately 2,000 employees and generates annual revenues exceeding $80 million [1][2] Company Developments - The integration is seen as a transformative milestone for Grant Thornton Brazil, providing access to multinational resources and strategic alignment [2][5] - The multinational platform aims to combine advisory and tax practices while maintaining separate audit services, supported by a consortium led by New Mountain Capital [3][4] - Legal guidance for the transaction was provided by Simpson Thacher & Bartlett and Lefosse Advogados for Grant Thornton Advisors, while Mattos Filho advised Grant Thornton Brazil [4] Strategic Importance - The addition of Brazil is viewed as a significant step in building a cross-border professional services platform, enhancing the firm's ability to deliver high-impact solutions [5] - The network is expanding to include firms focused on strategic sectors, indicating a broader strategy to enhance service offerings [6]