Doane Grant Thornton Acquires Four CPA Firms, Expands National Presence

What's Happening?

Doane Grant Thornton (DGT), a mid-market accounting and consulting firm, has expanded its national footprint by acquiring four chartered professional accounting firms across Canada. The firms acquired include Gibb Widdis CPAs in Ontario, Capstone LLP in Alberta, Childs Chanton CPAs in British Columbia, and Paul Babin CPA in New Brunswick. The acquisitions were finalized on September 1, 2025. Each firm will retain its current location and integrate into DGT's operations, enhancing the firm's service offerings and regional presence. Key personnel from these firms, including partners and teams, will join DGT, bringing specialized expertise in areas such as audit, tax advisory, and business advisory services.

Why It's Important?

This strategic expansion by Doane Grant Thornton is significant as it strengthens the firm's position in the competitive accounting and consulting industry. By acquiring these firms, DGT not only broadens its geographical reach but also enhances its service capabilities, offering more specialized expertise to its clients. This move is likely to benefit DGT's clients by providing them with access to a wider range of services and resources. Additionally, the integration of these firms into DGT's operations may lead to increased efficiency and improved client service. The acquisition also highlights the ongoing trend of consolidation in the accounting industry, as firms seek to expand their market share and service offerings through strategic acquisitions.

What's Next?

Following the acquisitions, Doane Grant Thornton is expected to focus on the seamless integration of the new firms into its operations. This will involve aligning the acquired firms' practices with DGT's standards and processes. The firm may also explore further opportunities for growth and expansion, potentially targeting additional acquisitions to strengthen its market position. Clients of the acquired firms can anticipate enhanced service offerings and access to a broader network of expertise. DGT's leadership will likely continue to evaluate market conditions and client needs to identify future growth opportunities.