Grant Thornton Advisors is adding Grant Thornton Switzerland/Liechtenstein and Grant Thornton in the Channel Islands to the multinational platform it launched earlier this year. Both transactions are expected to close later this year.
In January, Grant Thornton Advisors combined with Grant Thornton Ireland to create an integrated international firm. In April, it announced agreements with GT firms in Luxembourg, the United Arab Emirates and the Cayman Islands, as well as GT Netherlands in May.
The firm is backed by private equity firm New Mountain Capital, which acquired its majority stake in March 2024 after selling a majority stake in Top 100 Firm Citrin Cooperman. As a result of the PE investment, Grant Thornton took on an alternative practice structure, splitting its non-attest services into Grant Thornton Advisors and its audit and assurance services into Grant Thornton LLP.
By adding firms in Switzerland, Liechtenstein and the Channel Islands, Grant Thornton is expanding its geographic footprint and increasing its total headcount to 13,5000 professionals across nearly 60 offices over the Americas, Europe and Middle East.
“We are very pleased to have our colleagues in the Channel Islands, Switzerland and Liechtenstein join our differentiated and expanding platform,” Jim Peko, CEO of Grant Thornton Advisors, said in a statement. “We’re building the world’s most talented team — delivering seamless offerings through an expanded footprint. The result: an unparalleled client experience and unmatched quality.”
Adam Budworth, managing partner of Grant Thornton Channel Islands, said in a statement: “This is an exciting opportunity to support our growth in the Channel Islands with access to new service offerings, technologies and investment capital. Joining the platform will only enhance the reputation of the Channel Islands on a bigger stage, while at the same time creating unique opportunities for our people.”
“I am delighted about this positive development and am convinced that it is the right step for our firm in the current turbulent market environment,” Erich Bucher, CEO of Grant Thornton Switzerland/Liechtenstein, said in a statement. “It opens up completely new perspectives for us and will enable us to push ahead with our growth strategy much more quickly.”
