Grant Thornton Australia joins advisors
- Grant Thornton Australia said April 28 it plans to join Grant Thornton Advisors LLC, after its board recommended the transaction for partner approval. - The Australian firm brings AUD $392 million in annual revenue, 1,500 employees and six offices to a platform spanning nearly 20 firms. - The deal extends a private-equity-backed cross-border buildout launched after New Mountain Capital invested in Grant Thornton’s U.S. business. (grantthornton.com)
Grant Thornton Australia said on April 28 it intends to join Grant Thornton Advisors LLC’s multinational platform, with the deal recommended by its board. (grantthornton.com.au) The proposed transaction would close later in 2026 if shareholder partners approve it and regulators sign off. Grant Thornton Advisors said the Australian firm would add scale across Asia-Pacific. (grantthornton.com) Grant Thornton Australia reported annual revenue of USD $282 million, or AUD $392 million, and said it has 1,500 employees across six offices. (grantthornton.com.au) The firms said Australia’s advisory and tax operations would sit inside the broader platform, while the audit practice would remain subject to independence and governance requirements. Grant Thornton said the Australian firm would stay inside the Grant Thornton International network, which covers more than 150 markets. (grantthornton.com) (grantthornton.com.au) Chief executive Said Jahani said the transaction would give the Australian firm faster access to growth capital, artificial intelligence tools and technology capabilities. Jim Peko, chief executive of Grant Thornton Advisors LLC, called Australia “a standout firm” in the network. (grantthornton.com.au) (grantthornton.com) The move is part of a wider restructuring inside Grant Thornton, where independently owned country firms are being pulled into a more integrated multinational platform. Grant Thornton Advisors said that platform now spans nearly 20 aligned firms across the Americas, Europe, the Middle East and Asia-Pacific. (grantthornton.com) That platform was seeded after New Mountain Capital closed a growth investment in Grant Thornton’s U.S. business on May 31, 2024, alongside minority investors CDPQ and OA Private Capital. Grant Thornton later combined its U.S. and Irish businesses in January 2025 to form a multinational multidisciplinary platform of roughly 12,000 professionals. (grantthornton.com 1) (grantthornton.com 2) Australian media have reported the transaction could value Grant Thornton Australia at more than A$800 million and would require approval from nearly 200 local partners, but the companies’ statements on April 27 and April 28 did not disclose a price. (sharecafe.com.au) (finnewsnetwork.com.au) (grantthornton.com.au) If partners approve it, the transaction would give Grant Thornton Advisors a larger Asia-Pacific foothold, adding Australia to a network that already says it has a presence in New Zealand and more than 150 markets through the wider alliance. (grantthornton.com)