Former PKF firm merges with Grant Thornton Brazil

by Rachael Singh

More from this author

20 Jan 2014

  • Comments
Cristo Redentor statue overlooking Rio de Janeiro

A FORMER PKF INTERNATIONAL member firm has merged with Grant Thornton Brazil.

Directa Auditores will add 120 professional staff and a portfolio of listed and middle-market companies to Grant Thornton's books following the acquisition.

GT also acquired the outsourcing practice of KPMG Brazil which includes 70 staff, 60 clients and $5.5m (£3.3) in revenues. The KPMG move means that Grant Thornton is now the third largest outsourcing provider in Brazil.

"We welcome both firms into the Grant Thornton family, joining more than 38,500 people in over 120 countries working together to help dynamic organisations unlock their potential for growth," said Grant Thornton Global CEO Ed Nusbaum.

These deals follow an active 2013 in M&A activity for Grant Thornton which expanded in Luxembourg, the Netherlands, the eastern Caribbean, Canada, the UK, US, Japan, Italy, Paraguay, Ethiopia, South Africa, Indonesia, Switzerland, Taiwan, Senegal, Bangladesh, China and Hong Kong.

According to the Accountancy Age Top 35 International Networks, Alliances and Associations table, Grant Thornton is the sixth-largest Network by fee income.

Visitor comments

blog comments powered by Disqus

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

  • Send

Charterhouse Accountants

Finance Officer

Charterhouse Accountants, Beaconsfield, Permanent, Full Time, £ Competitive




Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials


Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you



Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.


iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.