Deal to bring Kevane Grant Thornton into the fold marks the platform's 17th firm and its second expansion in the Americas this month, continuing its global growth strategy.
Grant Thornton Advisors LLC is expanding its multinational platform with the addition of Kevane Grant Thornton, a professional services firm based in Puerto Rico. The transaction, expected to close later this year, will increase the platform's membership to 17 firms across the Americas, Europe, the Middle East, and the Asia-Pacific region.
This move follows the recent addition of Grant Thornton Brazil, marking the second deal in the Americas for the platform this month. The expansion is aimed at strengthening the firm's capabilities and client support in the Caribbean and Latin American markets.
"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 LLC & 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 high-quality services."
Kevane Grant Thornton, which is celebrating its 50th anniversary, has over 200 team members and is a significant player in the Puerto Rican market. Carlos Dolagaray, managing partner at Kevane Grant Thornton, noted that joining the platform is an opportunity for the firm's clients and employees to benefit from additional resources and capabilities.
The Grant Thornton Advisors platform includes several other firms in the Americas, such as Grant Thornton Cayman, the business modernization and outsourcing firm Auxis with operations in Costa Rica and Colombia, and the commercial due diligence firm Stax, headquartered in Boston.
Beyond the Americas, the platform has a presence in Ireland, France, Spain, the Netherlands, Belgium, Luxembourg, the Channel Islands, Switzerland, Liechtenstein, and the United Arab Emirates. The firm also has plans to add members in Poland and New Zealand.
Upon completion of the transaction, the platform will continue to be part of the Grant Thornton International Limited network, which includes member firms in more than 150 markets.
SOURCE: Grant Thornton
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