Grant Thornton Pads Consulting Line With Outsourcing Firm Auxis

Private equity-backed Grant Thornton is looking to break the professional services mold in the crowded mid-tier market through its acquisition of a fast-growing outsourcing company that modernizes corporate back offices with AI and automated processes.

Grant Thornton Advisors LLC on Tuesday announced a deal to acquire Auxis Inc., headquartered in Fort Lauderdale, Fla. The companies did not disclose terms of the transaction, which is expected to bring 1,400 employees from various South and Central American locations, including Colombia and Costa Rica, to Grant Thornton’s US roster.

The deal provides a new advisory service for Grant Thornton’s global network to tap ...