Chicago-based Grant Thornton Advisors LLC (FY24 net revenue of $2.37 billion) has expanded the multinational platform it launched earlier this year by adding Kevane Grant Thornton in Puerto Rico. The addition increases the integrated cross-border platform to 17 firms, extending across the Americas, Europe, the Middle East and the Asia-Pacific region.
Kevane Grant Thornton, a 50-year-old firm with more than 200 professionals, is one of Puerto Rico’s leading accounting and advisory firms. Its addition further strengthens the platform’s footprint in the Caribbean and complements recent combinations, including Grant Thornton Brazil earlier this month.
Beyond Brazil and Puerto Rico, the platform includes Grant Thornton firms in the Cayman Islands, the United States, Ireland, France, Spain, the Netherlands, Belgium, Luxembourg, the Channel Islands, Switzerland; Liechtenstein, and the United Arab Emirates. Plans are underway to add firms in Poland and New Zealand. The platform also includes specialty providers such as Auxis, with more than 1,400 professionals primarily in Costa Rica and Colombia, and Stax, a commercial due diligence and value creation firm headquartered in Boston.
“Puerto Rico is at the nexus of the U.S., Caribbean and Latin American markets, making Kevane Grant Thornton an ideal accelerator for our multinational growth,” said Jim Peko, CEO of Grant Thornton Advisors and CEO of the Americas. “By adding the firm to our platform, we’re deepening our ability to support clients with worldwide talent, regional insights and sophisticated services.”
“We are extremely proud to join the Grant Thornton Advisors platform as we celebrate our 50th anniversary,” said Carlos Dolagaray, MP of Kevane Grant Thornton. “This milestone reflects the dedication of our team and strengthens our ability to deliver value to our clients, prospective clients and employees through expanded resources and expertise.”
The transaction is expected to close later this year. The platform will remain part of the Grant Thornton International Limited network, which includes member firms in more than 150 markets worldwide.
