What's Happening?
Grant Thornton Advisors has announced the addition of GT Brazil to its multinational platform, marking a significant expansion into Latin America. This transaction brings GT Brazil's $80 million revenue
and nearly 2,000 staff into the fold, enhancing Grant Thornton's global reach and capabilities. The move is part of a broader strategy to build a cross-border professional services platform, supported by private equity investor New Mountain Capital. The addition of GT Brazil follows recent expansions into New Zealand and Poland, further solidifying Grant Thornton's presence in key international markets.
Why It's Important?
The inclusion of GT Brazil into Grant Thornton's platform is a strategic move that underscores the importance of Latin America in the global professional services landscape. By expanding into Brazil, Grant Thornton is positioning itself to tap into the region's dynamic and fast-evolving market, offering enhanced resources and strategic alignment to scale its impact. This expansion is likely to benefit clients by providing access to a broader range of services and expertise, while also strengthening Grant Thornton's competitive position in the global market. The move reflects the growing trend of multinational firms seeking to leverage regional strengths to drive global growth.
