Aug 3, 2026 – 5.57pmGrant Thornton Australia has set aside a war chest worth hundreds of millions of dollars to buy accounting firms after its 200-strong partnership voted in favour of a $1 billion private equity buyout.The deal means US-headquartered Grant Thornton Advisors, majority-owned by private equity group New Mountain Capital, will add the Australian firm to its global network spanning the Americas, Europe, the Middle East and Asia-Pacific.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Grant Thornton on the hunt for deals after partners approve $1b buyout
Grant Thornton Australia will target acquisitions of smaller firms with between five and 20 partners, particularly in advisory areas such as cybersecurity.
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