Doane Grant Thornton Expands with Acquisition of Four CPA Firms

What's Happening?

Doane Grant Thornton (DGT), a mid-market accounting and consulting firm, has completed the acquisition of four chartered professional accounting firms across Canada: Gibb Widdis CPAs, Capstone LLP, Childs Chanton CPAs, and Paul Babin CPA. These acquisitions, finalized on September 1, 2025, expand DGT's presence in Ontario, Alberta, British Columbia, and New Brunswick. Each firm will retain its current location and team, integrating into DGT's network while enhancing its service offerings in audit, tax advisory, and business advisory services.

Why It's Important?

The acquisition of these CPA firms by Doane Grant Thornton represents a strategic expansion that strengthens its market position and service capabilities. By integrating these firms, DGT can offer more specialized expertise and resources to its clients, enhancing its ability to provide comprehensive financial services. This expansion is likely to benefit clients through improved service delivery and access to a broader range of advisory services, while also positioning DGT as a more competitive player in the accounting and consulting industry.

What's Next?

Following the acquisitions, Doane Grant Thornton is expected to focus on integrating the new teams and offices into its existing operations. This may involve aligning business practices and service offerings to ensure consistency and quality across all locations. The firm may also explore further expansion opportunities to continue growing its presence and capabilities in the accounting sector.

Beyond the Headlines

The acquisitions highlight the trend of consolidation in the accounting industry, where firms seek to expand their reach and service offerings through strategic mergers and acquisitions. This trend may lead to increased competition and innovation in the sector, as firms strive to differentiate themselves and meet evolving client needs.