Grant Thornton bolsters advisory arm with Auxis acquisition
Established in 1997, Auxis assists organisations in modernising and scaling operations through innovative processes, advanced technologies and shared services.
It caters to Fortune 1000 and upper-middle-market organisations across sectors including consumer packaged goods, retail, restaurants, healthcare and financial services.
Auxis' customised solutions focus on leveraging technology, managing rising costs and addressing talent shortages.
Auxis CEO Raul Vega said: 'Joining the Grant Thornton team provides Auxis the scalable and robust platform required to successfully help clients modernise their operating models – helping them thrive in a business environment marked by ever-increasing change and technology disruptions.
'We are excited to integrate our innovative and tech-enabled, client-first services model into Grant Thornton's leading Advisory Services practice.
'It could not be a better fit. Grant Thornton's deep client relationships and reputation for excellent quality will enable us to deliver our value-added, technology-backed services to an even broader international clientele.'
The acquisition will strengthen Grant Thornton Advisors, the US-based advisory division of Grant Thornton, which offers services in strategy, transformation and operations.
These services encompass AI, cybersecurity, data, finance, marketing, mergers and acquisitions, operations, risk, sales, a comprehensive range of tax services, and technology.
The deal enhances Grant Thornton's advisory platform, integrating Auxis' capabilities to provide a broader service portfolio with a multinational presence, covering outsourcing hubs in Latin America, Asia, Europe and the Middle East.
Clients will benefit from Auxis' technology-driven nearshore-outsourcing services, which include finance, IT, human resources, customer service and industry-specific solutions.
The acquisition adds Auxis' workforce of more than 1,400 professionals, primarily based in Costa Rica and Colombia, with its headquarters in Fort Lauderdale, Florida.
Grant Thornton Advisors CEO Jim Peko said: 'Bringing Auxis into the Grant Thornton platform is a milestone moment for us.
'Auxis' proven shared services, nearshoring expertise and tech-enabled solutions are a natural fit for our world-class model. This deal allows us to deepen client engagement and enhance our offerings – delivered with speed, scalability and quality.'
"Grant Thornton bolsters advisory arm with Auxis acquisition" was originally created and published by International Accounting Bulletin, a GlobalData owned brand.
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