Grant Thornton Advisors LLC has announced that Grant Thornton Brazil will join its growing multinational platform, expanding its integrated cross-border footprint to 16 firms spanning 20 time zones.
The move extends the platform’s reach into Latin America’s largest market and follows recently announced deals to add Grant Thornton New Zealand and Grant Thornton Poland.
Grant Thornton Brazil is a top five firm in its market, employing nearly 2,000 professionals and generating more than US$80 million in annual revenue. The firm provides audit and tax services along with a range of advisory offerings, including a business-process-optimization practice experiencing significant growth.
Grant Thornton Advisors launched its platform earlier this year with support from an investor group led by New Mountain Capital. The initiative is bringing high-performing firms across the Americas, Europe, the Middle East and the Asia Pacific region into an integrated advisory and tax practice, complemented by independent audit practices.
The platform currently includes Grant Thornton firms in the United States, Ireland, France, the United Arab Emirates, Belgium, the Netherlands, Switzerland, Liechtenstein, the Channel Islands and the Cayman Islands. Additional transactions with Grant Thornton firms in Spain, Luxembourg, New Zealand and Poland are expected to close in the coming weeks. The platform also includes specialty providers such as Auxis and Stax.
“Welcoming Brazil — right after New Zealand and Poland — is a leap forward in our mission to build a truly cross-border professional services platform,” said Jim Peko, CEO of Grant Thornton Advisors and CEO of the Americas. “Brazil’s scale, momentum and strategic relevance make it a cornerstone of this vision.”
Daniel Maranhão, CEO of Grant Thornton Brazil, said the partnership is a transformative step for the firm. “This move gives us the multinational reach, resources and strategic alignment to scale our impact. We’re proud to represent Latin America on a platform that spans much of the globe.”
The transaction is expected to close later this year.
