Grant Thornton Advisors has expanded the multinational platform it created earlier this year by adding Kevane Grant Thornton in Puerto Rico.
The deal with the Puerto Rican firm will grow the platform to include 17 firms stretching from the Americas across Europe and the Middle East to the Asia-Pacific region. This is the second deal in the Americas for the multinational platform this month, alongside Grant Thornton Brazil.
Beyond Brazil, Kevane Grant Thornton will join several additional platform firms located in the Americas. They include fellow Caribbean firm Grant Thornton Cayman and Florida-based Auxis, a business modernization and outsourcing firm with more than 1,400 team members located primarily in Costa Rica and Colombia. The platform also includes Stax, a company in commercial due diligence and value creation headquartered in Boston.
Outside of the Americas, the Grant Thornton Advisors platform includes firms in Ireland, France, Spain, the Netherlands, Belgium, Luxembourg, the Channel Islands, Switzerland, Liechtenstein and the United Arab Emirates, with plans underway to add firms in Poland and New Zealand.
“Puerto Rico is at the nexus of the U.S., Caribbean and Latin American markets, making Kevane Grant Thornton an ideal accelerator for our multinational growth,” Jim Peko, CEO of Grant Thornton Advisors and CEO of the Americas, said. “By adding the firm to our platform, we’re deepening our ability to support clients with worldwide talent, regional insights and sophisticated high-quality services. This deal represents yet another powerful growth moment for our platform and for Grant Thornton in Puerto Rico.”
Carlos Dolagaray, managing partner at Kevane Grant Thornton, said, “We are extremely proud to join the Grant Thornton Advisors platform, especially as we celebrate our 50th anniversary. This milestone reflects the exceptional talent and dedication of our team and is a testament to our commitment to evolve and grow while contributing meaningful value to the platform. It is a great opportunity for our clients, prospective clients and employees to benefit from the additional bandwidth and resources. We are very excited about the future and the impact we will have in the Puerto Rico business community as well as worldwide.”
The transaction is expected to close later this year. The platform will remain part of the Grant Thornton International Limited network, which comprises member firms in more than 150 markets worldwide.
