Grant Thornton Advisors agreed to add GT Brazil to its multinational platform, extending its reach into Latin America.
The transaction adds GT Brazil’s $80 million revenue and nearly 2,000 staff, and marks the Top 10 Firm’s 16th deal since founding the international platform earlier this year with the support of its private equity investor New Mountain Capital. The transaction is expected to close later this year.
Last week, Grant Thornton announced it would add Grant Thornton Poland and New Zealand. The platform currently includes firms in the U.S., Ireland, France, the United Arab Emirates, the Netherlands, the Channel Islands and the Cayman Islands. It also announced transactions with firms in Spain, Switzerland, Liechtenstein, Belgium and Luxembourg, which it expects to close in the coming weeks.
“Welcoming Brazil — right after New Zealand and Poland — is a leap forward in our mission to build a truly cross-border professional services platform,” Jim Peko, CEO of Grant Thornton Advisors and CEO of the Americas, said in a statement Thursday. “We’re combining talent, technology and trust across 16 firms and 20 time zones to deliver seamless, high-impact solutions. Brazil’s scale, momentum and strategic relevance make it a cornerstone of this vision, and we’re honored to have them on board.”
Daniel Maranhão, CEO of Grant Thornton Brazil, added: “Joining the Grant Thornton Advisors platform marks a transformative milestone for our firm, our clients and our professionals. Brazil is a dynamic, fast-evolving market and this move gives us the multinational reach, resources and strategic alignment to scale our impact. We’re proud to represent Latin America on a platform that spans much of the globe. And we’re excited to help shape the future of cross-border professional services.”
Simpson Thacher & Bartlett and Lefosse Advogados provided transaction services to Grant Thornton Advisors. Mattos Filho was legal advisor to Grant Thornton Brazil.
