The move, backed by New Mountain Capital, brings the total number of member firms in the integrated platform to eleven, continuing a rapid consolidation strategy initiated earlier this year.
Grant Thornton Advisors LLC announced it will add the Grant Thornton member firms in France, Spain, and Belgium to its multinational integrated platform. The expansion deepens the platform’s presence in Europe and continues a series of acquisitions that began in early 2025, backed by an investor group led by New Mountain Capital.
The transactions will bring the total number of national firms integrated into the platform to eleven. This follows previous acquisitions of member firms in the United States, Ireland, the United Arab Emirates, the Netherlands, Switzerland, Liechtenstein, the Cayman Islands, Luxembourg, and the Channel Islands. The stated goal of the platform is to create a unified advisory and tax practice alongside independent audit services to better serve clients with cross-border needs.
The addition of these three firms provides the platform with a significant operational presence in key European economic centers. The French firm adds 2,800 employees across 24 offices, the Spanish firm includes nearly 900 professionals in 10 locations, and the Belgian operation consists of more than 250 professionals. This move is part of a broader trend in the professional services industry, where private equity investment is being used to consolidate traditionally separate national member firms into more integrated global entities.
"Expanding the platform into France, Spain and Belgium is a defining chapter in our journey," said Jim Peko, CEO of Grant Thornton Advisors LLC. "We’re furthering our commitment to growth across services, industries and geographies."
This geographic expansion follows other recent capability-focused acquisitions by Grant Thornton Advisors, including Auxis, an outsourcing and business modernization firm, and Stax, a commercial due diligence and value creation consultancy.
Andre Moura and Nikhil Devulapalli, managing directors at New Mountain Capital, commented on the transaction, stating, "Today’s news is yet another example of our commitment to invest in people, technology and expanded capabilities for the ultimate benefit of Grant Thornton’s clients."
Despite the consolidation, the entire Grant Thornton Advisors platform will remain a part of the Grant Thornton International Limited (GTIL) network, which includes member firms in over 150 markets. The transactions are all expected to be finalized in the coming weeks.
SOURCE: Grant Thornton
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.