Grant Thornton US Inks Deal to Acquire Australia Member Firm (1)

Grant Thornton’s private equity-backed US arm plans to acquire the firm’s Australian affiliate in a bid to extend the network’s increasingly global reach.

The board of Grant Thornton Australia has endorsed the proposed deal but its shareholder partners must still ratify the plan with a vote expected in May. If approved, the transaction could close later this year, the two affiliates said late Monday.

Financial terms of the deal weren’t disclosed.

Grant Thornton Advisors LLC, the US arm of the audit, tax, and consulting firm, earned around $4 billion in revenue in 2025. It has folded in almost 20 fellow ...