Grant Thornton wins new AIM-listed advertising audit client

Grant Thornton wins new AIM-listed advertising audit client

Scottish office picks up Digital Global Services audit work

THE SCOTTISH ARM of Grant Thornton has secured the audit of online advertising services provider Digital Globe Services (DGS).

Grant Thornton will provide a series of services to DGS as it looks to expand. The AIM-listed business, valued at $73.9m (£47.5m) in February at the time of flotation, currently operates out of the US, Canada, Mexico and Pakistan.

Local Grant Thornton audit teams led by Scotland-based partner Sandra Rodger in the UK will provide day to day financial and governance services, as well as additional resource and advice to support the company.

Rodger said: “The DGS flotation was a particularly intense piece of work, across three continents and numerous different time zones. The end result was ultimately a very gratifying one, with DGS raising over £13m to fund its expansion into Latin America, Europe and Asia Pacific; with the company using its robust financial position to grow its business between 20 and 30% annually. As DGS’s auditors and business advisers we are looking forward to playing a significant part in that expansion.”

DGS’ Scots-born CFO, Bruce Casely, said DGS has been “delighted” with the support received from its advisers, “both locally and internationally”.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource