Grant Thornton expands reach with new global partnerships

Grant Thornton Advisors has expanded its multinational network by adding Grant Thornton UAE, Grant Thornton Luxembourg, and Grant Thornton Cayman to its platform.

This move, announced today, enhances the company’s reach in the advisory and tax sectors, aiming to better serve its expanding client base.

The latest expansion follows Grant Thornton Advisors’ agreement with Grant Thornton Ireland in October 2024 to align their advisory and tax operations.

The firm confirmed that these new firms will be integrated into the broader Grant Thornton International network, which operates in over 150 global markets.

The expanded network will strengthen the firm’s audit and assurance practices, increasing its footprint in financial hubs and high-growth sectors such as banking, asset management, insurance, and energy.

The platform now boasts more than 13,000 professionals across 50 offices globally.

Jim Peko, CEO of Grant Thornton Advisors, said that this strategic expansion will allow the firm to offer clients a more robust and global service in a rapidly evolving market.

“This expansion underscores our focus on enhancing our multinational experience and quality across dynamic sectors,” he added.

New Mountain Capital, the private equity firm backing Grant Thornton Advisors, expressed confidence in the firm’s strategy to consolidate its leadership in the global advisory market.

Andre Moura, Managing Director at New Mountain Capital, said, “This platform is unique in the industry, offering a singular experience with exceptional quality. We are committed to supporting the growth of this unified structure.”

The transactions with Grant Thornton Luxembourg and Grant Thornton Cayman are still subject to regulatory approvals and standard closing conditions.

The firm is also in ongoing discussions with other potential partners to continue expanding its global footprint.