Grant Thornton has announced it will acquire Auxis, a firm specializing in nearshore outsourcing and business modernization services. The move is set to integrate Auxis into Grant Thornton Advisors LLC, the firm’s U.S.-based advisory entity, significantly expanding its operational footprint in Latin America.
The acquisition reflects a broader trend in the consulting industry where major firms are moving beyond traditional advisory roles to offer integrated implementation and managed services. By bringing Auxis into its fold, Grant Thornton gains a substantial delivery arm for services spanning finance, IT, HR and customer support, primarily from centers in Costa Rica and Colombia. This allows the firm to offer clients solutions that combine strategic advice with hands-on operational execution, a model that is becoming increasingly important as companies seek efficiency and specialized talent.
Founded in 1997, Auxis provides business process outsourcing and modernization for Fortune 1000 and upper-middle-market companies in sectors like consumer packaged goods, retail and health care. The firm was an early proponent of the nearshoring model, which offers U.S. clients the benefits of outsourcing in a similar time zone with closer cultural alignment compared to traditional offshore locations. Auxis has also developed an AI and automation practice that has received recognition from technology partners and industry analyst firms.
This transaction is the latest in a series of international deals for Grant Thornton Advisors LLC, which has recently announced combinations with firms in Ireland, the UAE, Switzerland, the Netherlands and other key markets. The consistent expansion suggests a deliberate strategy to build a global, multi-disciplinary advisory platform capable of competing for complex, multinational client projects.
"Clients today aren’t just asking for advice — they want consultants who can deliver bold solutions with agility, smart technology, practical innovation and quantified impact," said Tom Puthiyamadam, managing partner for Advisory Services at Grant Thornton Advisors LLC. "Bringing Auxis into the fold will strengthen that vision.”
Under the terms of the agreement, Auxis CEO Raul Vega will join the leadership team for Advisory Services at Grant Thornton, reporting to Puthiyamadam. The existing Auxis leadership team will continue to oversee operations for its current client base.
“Joining the Grant Thornton team provides Auxis the scalable and robust platform required to successfully help clients modernize their operating models,” said Vega.
The deal is subject to standard closing conditions and is expected to be finalized later this year. Financial terms were not disclosed.
SOURCE: Grant Thornton
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