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Grant Thornton Is the Latest U.S. Firm to Get Into Bed With Private Equity

CPA Practice

accounting firm that has secured a substantial investment from a private equity group, after Chicago-based Grant Thornton—the seventh-biggest firm in the nation by revenue—said on Friday it will receive “a significant growth investment” from New Mountain Capital “to accelerate [our] business strategy.” Grant Thornton recorded a record $2.4

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Guidehouse is Buying Grant Thornton’s Public Sector Advisory Practice (UPDATE)

Going Concern

note: Internal email regarding the acquisition sent to Grant Thornton staff included below. One person said no layoffs, the other said “no large layoffs” We reached out to Grant Thornton’s media department to get clarification on layoffs, a spokesperson curved the question and directed me to the official press release.

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Monday Morning Accounting News Brief: Consulting Pay Freezes; AI, Audit, and You; KPMG Mega Merger? | 11.6.23

Going Concern

So this dropped on Sunday, a possible merger of KPMG India, US, and UK advisory practices? Economic Times : KPMG India, KPMG US, and KPMG UK are exploring a merger of their advisory practices, a move aimed at multiplying their consulting business in India, said multiple people with knowledge of the matter. Just a rumor for now.

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Grant Thornton Layoff Numbers Are In

Going Concern

The other day Grant Thornton sent out a firmwide email packed with words like “difficult but necessary decisions,” “values and culture,” and “continued investment in growth” to inform everyone that heads were soon to roll. Grant Thornton’s revenue for the fiscal year ended July 31, 2022 was $2.3

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CPA Firms’ Consulting Arms Get Some Love in New Ranking

CPA Practice

The consulting practices at seven of the biggest accounting firms in the U.S. Business news and analysis website The Consulting Report last month released its ranking of the top 50 consulting firms of 2023 , which it said “highlights the world’s most trusted and influential professional services firms.”

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Grant Thornton Sees Record $2.4 Billion in Revenue in FY 2023

CPA Practice

Grant Thornton LLP, one of the largest audit, tax and advisory firms, announced on Oct. Grant Thornton’s record revenues reflect significant actions taken by the firm to advance its business strategy and accelerate its growth for the benefit of clients and team members. 10 that it realized revenues of $2.4

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Withum Awards $95K to Aid Team Members in Student Loan Repayment 

Withum

Withum announced the award of $95 thousand in grant funding through the Thomas R. Suarez Student Loan Grant program to aid team members in their repayment of student loans. Withum, a top-ranked national advisory and public accounting firm, announced the award of $95 thousand in grant funding through the Thomas R.