Grant Thornton snaps up Australian sister firm as part of global push Prof Services Professional services giant Grant Thornton US is set to acquire the firm’s Australian counterpart to become part of its global advisory platform, boosting the private equity-backed player’s global reach. Grant Thornton US said the transaction was “recommended by the board and would close later this year, subject to shareholder partner approval and standard regulatory conditions.” [...]
Private equity investment fuels major overhaul of Grant Thornton’s associate scheme Prof Services Professional services giant Grant Thornton is launching a “brand new associate programme” for its 2027 cohort of associates, City AM can reveal, as private equity investment from Cinven sets the firm’s ambition for significant growth. The firm voted in favour of an investment from private equity firm Cinven in 2024. Speaking to City AM, Abigail [...]
Branston maker buys Liverpool’s iconic Royal Liver Building in cut-price deal Property Princes, the food group behind the likes of Branston, Olivio and Batchelors, has acquired Liverpool’s iconic Royal Liver Building in a cut-price deal. The company has purchased the building for £60m, three years after it was put up for sale for £90m. The sale was called off in November 2022 due to a lack of [...]
Motorsport Valley a £16bn jewel in crown of UK, new report says June 24, 2025 A new report has today described Motorsport Valley as a “jewel in the crown of UK manufacturing” as the area celebrates £16bn in turnover. The area, which takes in the Midlands and Oxfordshire as well as the Silverstone hub, is the epicentre of much of the UK’s advanced manufacturing, and home to a number of [...]
Grant Thornton gains double-digit growth following PE approval April 15, 2025 Grant Thornton UK has generated double-digit revenue over the last 12 months, just as the firm's private equity investment gained regulatory approval
Grant Thornton UK partners green light private equity deal with Cinven December 16, 2024 Accountancy giant Grant Thornton UK partners have "unanimously voted in favour" of investment from private equity firm Cinven
Private equity firm snaps up Evelyn Partners accounting arm for £700m November 24, 2024 British private equity firm Apax has bought Evelyn Partners accounting arm for £700m, according to reports. Apax was in a bidding war with private equity peer Bridgepoint to snap up the professional services unit, which includes the business formerly known as Smith & Williamson that Evelyn Partners bought back in 2020. But Apax emerged the [...]
Grant Thornton moots deal with private equity firms July 7, 2024 Grant Thornton UK has been testing the waters over a potential deal with a number of private equity groups that would see them buy into the business.
Crafter’s Companion: Losses widen at company founded by Dragons’ Den star Sara Davis June 7, 2024 Crafter's Companion, which is owned by Dragons' Den star Sara Davies, has seen its losses widen as the number of people tuning into TV shopping channels plummets.
Sanjeev Gupta’s GFG Alliance still owes Greensill Capital nearly £500m April 17, 2024 The administrators for Greensill Capital are still owed around $587.2m (£472m) from Sanjeev Gupta’s GFG Alliance, it has been revealed.