Grant Thornton - M&A Summary, Ownership, and Business Overview

Business ServicesCompany

Grant Thornton M&A Summary

Grant Thornton has acquired 10 companies of its own. A total of 1 acquisition came from private equity firms. It has also divested 3 assets.

It’s largest disclosed sale occurred in 2000, when it sold Hitachi Consulting to Hitachi for $175M. Grant Thornton has acquired in 4 different US states, and 2 countries. The Company’s most targeted sectors include business services (90%) and financial services (10%).

Grant Thornton Ownership

Who owns Grant Thornton?

Grant Thornton is owned by New Mountain Capital. It was acquired on March 15, 2024.

Is Grant Thornton PE-backed?

Yes. Grant Thornton is owned by private equity investor New Mountain Capital.

Grant Thornton Business Overview

Where is Grant Thornton headquartered?

Grant Thornton is headquartered in Chicago, Illinois.

What sector is Grant Thornton in?

Grant Thornton is a business services company.

When was Grant Thornton founded?

Grant Thornton was founded in 1924.

M&A Summary

  • M&A Total Activity13
    • M&A Buy Activity10
    • M&A Sell Activity3
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 4
  • M&A Advisors 4

Grant Thornton

Grant Thornton LLP

175 W. Jackson Blvd., 20th Floor,
Chicago, Illinois 60604
United States,
(312) 856-0200
www.gt.com

Grant Thornton is an accounting, tax and management-consulting firm focused on mid-sized US-based businesses. Grant Thornton was founded in 1924 and is based in Chicago, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 10 - - - - - 10
Sell (0.4/yr) # 1 1 - 1 - - 3
vol $175M $175M
  13

Most Recent M&A

Company Date Value Type
Grant Thornton - Public Sector Advisory Practice 2022-08-22 - Divestiture
Washington, District of Columbia
Grant Thornton LLP - Municipal Government Audit Practice 2020-05-05 - Divestiture
, Texas
TayganPoint Consulting Group, Inc. 2018-10-03 - Add-on Acquisition
Washington Crossing, Pennsylvania · www.tayganpoint.com
Arryve LLC 2016-04-01 - Add-on Acquisition
Bellevue, Washington · www.arryveconsulting.com
Haley & Associates, Inc. 2013-12-11 - Add-on Acquisition
Halifax, Nova Scotia · www.haleytrustee.ca
MarketSphere Consulting LLC 2013-09-03 - Add-on Acquisition
Kansas City, Missouri · www.marketsphere.com
A.C. Poirier & Associates, Inc. 2011-11-02 - Add-on Acquisition
, United States
Stout & Company LLP 2011-09-26 - Add-on Acquisition
, Canada
Alger & Associates, Inc. 2010-10-01 - Add-on Acquisition
Calgary, Alberta
Watson Aberant LLP 2010-09-01 - Add-on Acquisition
, Canada
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Business Services 9 (90%) - 3 (100%) 175M (100%)
Financial Services 1 (10%) - - -
Total 10 - 3 $175M

By Geo

State/Country Buy Value Sell Value
United States 4 - 3 175M
  Texas - - 2 175M
  Washington 1 - - -
  Pennsylvania 1 - - -
  Missouri 1 - - -
  District of Columbia - - 1 -
Canada 6 - - -
  Nova Scotia 1 - - -
  Alberta 1 - - -
Domestic 4 (40%) - 3 (100%) 175M (100%)
Cross-border 6 (60%) - - -
Total 10 - 3 $175M

Top M&A Advisors

Financial Deals
Broadstone Partners, Inc.
5
Deutsche Bank Corporate & Investment Banking
1
Legal Deals
Akerman
1
Morrison & Foerster
1

Deal Values

sell # Total
$100M to $1B 1 $175M
TOTAL $175M
Largest Hitachi Consulting Corp.
$175M (2000-10-25)

M&A Connections

Deals
Acquired from
Investor(s)
10%
1 (10%)
Divested to
Strategic(s)
100%
3 (100%)

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