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Grant Thornton adds Netherlands to multinational platform
Grant Thornton adds Netherlands to multinational platform

Yahoo

time19-05-2025

  • Business
  • Yahoo

Grant Thornton adds Netherlands to multinational platform

Grant Thornton Advisors has added Grant Thornton Netherlands to its multinational, multidisciplinary platform set up earlier in 2025. The integration will enable the Dutch business to provide improved services to both new and existing clients, supported by investments in 'quality', 'innovation', and a focus on client-centric delivery. Meanwhile, the platform will be strengthened with the addition of the Dutch unit's workforce of around 800 across eight offices. Remaining within the Grant Thornton International network, which includes member firms in more than 150 markets worldwide, the expanded platform will continue to leverage its international presence. Subject to customary closing conditions and regulatory clearances, the deal is anticipated to complete later this year. Besides, the audit practice of Grant Thornton Netherlands will maintain its independence through an alternative practice structure. Grant Thornton Netherlands CEO Marcel Blöte will maintain his leadership role. Blöte said: 'Joining forces with Grant Thornton Advisors empowers us to deliver enhanced value for clients as a diversified platform poised for growth and expansion. We'll be able to offer our people extremely attractive paths for career development, while maintaining our hallmark entrepreneurial culture and commitment to quality. 'Collectively, we will ensure our status as a top 10 firm in our market well into the future — one that can flexibly respond to a dynamic market and changing regulations.' The platform was established through the merger of US-based Grant Thornton Advisors and Grant Thornton Ireland's advisory and tax services. Offering a premier advisory and tax practice, in addition to independent audit practices, the platform generates revenues of $2.7bn. With around 60 offices across the US, Ireland, the UAE, and other territories, it focuses on delivering a unified client experience, supported by a team of approximately 13,000. New Mountain Capital, a New York-based private equity firm, leads the investor group backing the platform. In April 2025, Grant Thornton UAE, Grant Thornton Luxembourg and Grant Thornton (Cayman) joined the platform. Grant Thornton Advisors CEO Jim Peko said: 'By uniting with preeminent high-growth firms such as Grant Thornton Netherlands, we've established a world-class service provider platform spanning multinational markets. 'We will continue to solidify our standing as the industry's destination of choice for clients and team members alike, providing a singular experience focused on quality and unparalleled service delivery.' "Grant Thornton adds Netherlands to multinational platform" was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Grant Thornton Advisors LLC's multinational platform grows to include Grant Thornton Netherlands
Grant Thornton Advisors LLC's multinational platform grows to include Grant Thornton Netherlands

Yahoo

time16-05-2025

  • Business
  • Yahoo

Grant Thornton Advisors LLC's multinational platform grows to include Grant Thornton Netherlands

CHICAGO & AMSTERDAM, May 16, 2025--(BUSINESS WIRE)--Grant Thornton Advisors LLC (Grant Thornton Advisors) today announced that Grant Thornton Netherlands is joining the multinational platform it established earlier this year with Grant Thornton Ireland. The platform is backed by an investor group led by New Mountain Capital, a growth-oriented investment firm with approximately $55 billion in assets under management. Last month, three Grant Thornton firms in Europe, the Middle East and the Americas closed or signed agreements to join the platform. Joining the platform will allow Grant Thornton Netherlands to offer enhanced services to new and existing clients across markets, underpinned by investments in quality, innovation, and seamless client-centric delivery. Grant Thornton Netherlands's team of almost 800 professionals across eight Dutch offices will join the platform's nearly 13,000 team members in almost 60 offices. The expanded platform remains part of the Grant Thornton International Limited network, which comprises member firms in more than 150 markets worldwide. Marcel Blöte, CEO of Grant Thornton Netherlands, will remain in his current position as head of that geography. The audit practice of Grant Thornton Netherlands will operate independently under an alternative practice structure. "By uniting with preeminent high-growth firms such as Grant Thornton Netherlands, we've established a world-class service provider platform spanning multinational markets," said Jim Peko, CEO of Grant Thornton Advisors. "We will continue to solidify our standing as the industry's destination of choice for clients and team members alike, providing a singular experience focused on quality and unparalleled service delivery." "We welcome Grant Thornton Netherlands to our expanded platform," said Steve Tennant, managing partner of Grant Thornton in Ireland, who leads international M&A on behalf of Grant Thornton Advisors. "The Dutch firm brings complementary ambition and talent as we look to extend our capabilities, services and geographic reach to benefit our clients and our people." According to Netherlands's Blöte: "Joining forces with Grant Thornton Advisors empowers us to deliver enhanced value for clients as a diversified platform poised for growth and expansion. We'll be able to offer our people extremely attractive paths for career development, while maintaining our hallmark entrepreneurial culture and commitment to quality. Collectively, we will ensure our status as a top 10 firm in our market well into the future — one that can flexibly respond to a dynamic market and changing regulations." "We're bringing the highest quality and fastest growing firms together into one truly integrated global platform," said Andre Moura, managing director, New Mountain Capital. "Grant Thornton Netherlands is a perfect example of this — delivering the quality, expertise and industry specialization integral to the world-class client experience we're creating." The transaction is expected to close later this year, subject to regulatory approvals and other standard closing conditions. About the platformGrant Thornton delivers professional services in the US through two specialized entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services ― and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services. Grant Thornton Ireland is a leading multinational professional services firm with approximately 2,800 people in offices across the island of Ireland, Bermuda, Isle of Man and Gibraltar. Their tax, audit and advisory teams work with organizations across sectors including technology, insurance, asset management, banking, life sciences, and aviation, as well as the public sector. In January 2025, Grant Thornton Advisors LLC formed a multinational, multidisciplinary platform with Grant Thornton Ireland. The platform offers a premier advisory and tax practice, as well as independent audit practices. In April 2025, Grant Thornton UAE also joined the multinational platform. With $2.7 billion in revenues and almost 60 offices spanning the U.S., Ireland, the UAE and other territories, the platform delivers a singular client experience that includes enhanced solutions and capabilities, backed by powerful technologies and a roster of almost 13,000 quality-driven professionals enjoying exceptional career-growth opportunities and a distinctive cross-border culture. Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants. "Grant Thornton" refers to the brand under which the member firms in the Grant Thornton International Ltd (GTIL) network provide services to their clients and/or refers to one or more member firms. Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the GTIL network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients. About Grant Thornton NetherlandsGrant Thornton Netherlands is a member of Grant Thornton International Ltd (GTIL), one of the world's largest networks of independent accounting and advisory organisations with over 73,000 professionals in more than 150 markets. From eight Dutch offices, over 800 professionals support clients with advice and assistance in the field of accountancy, tax and (financial) advisory issues About New Mountain CapitalNew Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, credit and net lease investment strategies with approximately $55 billion in assets under management. New Mountain Capital seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. For more information on New Mountain Capital, please visit View source version on Contacts Grant Thornton US Jon RucketT: +1 404 984 6249E: Grant Thornton Ireland Fiona MacCarthyT: +353870000107E: Grant Thornton Netherlands Sabrina ThoenT: 31627186855E: Sign in to access your portfolio

Grant Thornton Advisors LLC's multinational platform grows to include Grant Thornton Netherlands
Grant Thornton Advisors LLC's multinational platform grows to include Grant Thornton Netherlands

Business Wire

time16-05-2025

  • Business
  • Business Wire

Grant Thornton Advisors LLC's multinational platform grows to include Grant Thornton Netherlands

CHICAGO & AMSTERDAM--(BUSINESS WIRE)--Grant Thornton Advisors LLC (Grant Thornton Advisors) today announced that Grant Thornton Netherlands is joining the multinational platform it established earlier this year with Grant Thornton Ireland. The platform is backed by an investor group led by New Mountain Capital, a growth-oriented investment firm with approximately $55 billion in assets under management. Last month, three Grant Thornton firms in Europe, the Middle East and the Americas closed or signed agreements to join the platform. Joining the platform will allow Grant Thornton Netherlands to offer enhanced services to new and existing clients across markets, underpinned by investments in quality, innovation, and seamless client-centric delivery. Grant Thornton Netherlands's team of almost 800 professionals across eight Dutch offices will join the platform's nearly 13,000 team members in almost 60 offices. The expanded platform remains part of the Grant Thornton International Limited network, which comprises member firms in more than 150 markets worldwide. Marcel Blöte, CEO of Grant Thornton Netherlands, will remain in his current position as head of that geography. The audit practice of Grant Thornton Netherlands will operate independently under an alternative practice structure. 'By uniting with preeminent high-growth firms such as Grant Thornton Netherlands, we've established a world-class service provider platform spanning multinational markets,' said Jim Peko, CEO of Grant Thornton Advisors. 'We will continue to solidify our standing as the industry's destination of choice for clients and team members alike, providing a singular experience focused on quality and unparalleled service delivery.' 'We welcome Grant Thornton Netherlands to our expanded platform,' said Steve Tennant, managing partner of Grant Thornton in Ireland, who leads international M&A on behalf of Grant Thornton Advisors. 'The Dutch firm brings complementary ambition and talent as we look to extend our capabilities, services and geographic reach to benefit our clients and our people.' According to Netherlands's Blöte: 'Joining forces with Grant Thornton Advisors empowers us to deliver enhanced value for clients as a diversified platform poised for growth and expansion. We'll be able to offer our people extremely attractive paths for career development, while maintaining our hallmark entrepreneurial culture and commitment to quality. Collectively, we will ensure our status as a top 10 firm in our market well into the future — one that can flexibly respond to a dynamic market and changing regulations.' 'We're bringing the highest quality and fastest growing firms together into one truly integrated global platform,' said Andre Moura, managing director, New Mountain Capital. 'Grant Thornton Netherlands is a perfect example of this — delivering the quality, expertise and industry specialization integral to the world-class client experience we're creating.' The transaction is expected to close later this year, subject to regulatory approvals and other standard closing conditions. About the platform Grant Thornton delivers professional services in the US through two specialized entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services ― and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services. Grant Thornton Ireland is a leading multinational professional services firm with approximately 2,800 people in offices across the island of Ireland, Bermuda, Isle of Man and Gibraltar. Their tax, audit and advisory teams work with organizations across sectors including technology, insurance, asset management, banking, life sciences, and aviation, as well as the public sector. In January 2025, Grant Thornton Advisors LLC formed a multinational, multidisciplinary platform with Grant Thornton Ireland. The platform offers a premier advisory and tax practice, as well as independent audit practices. In April 2025, Grant Thornton UAE also joined the multinational platform. With $2.7 billion in revenues and almost 60 offices spanning the U.S., Ireland, the UAE and other territories, the platform delivers a singular client experience that includes enhanced solutions and capabilities, backed by powerful technologies and a roster of almost 13,000 quality-driven professionals enjoying exceptional career-growth opportunities and a distinctive cross-border culture. Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants. 'Grant Thornton' refers to the brand under which the member firms in the Grant Thornton International Ltd (GTIL) network provide services to their clients and/or refers to one or more member firms. Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the GTIL network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients. About Grant Thornton Netherlands Grant Thornton Netherlands is a member of Grant Thornton International Ltd (GTIL), one of the world's largest networks of independent accounting and advisory organisations with over 73,000 professionals in more than 150 markets. From eight Dutch offices, over 800 professionals support clients with advice and assistance in the field of accountancy, tax and (financial) advisory issues About New Mountain Capital New Mountain Capital is a New York-based investment firm that emphasizes business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, credit and net lease investment strategies with approximately $55 billion in assets under management. New Mountain Capital seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. For more information on New Mountain Capital, please visit

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