Grant Thornton's German Arm Awaits Acquisition Offers
Deal News | Jul 18, 2025 | Consultance.eu

Grant Thornton's German business is considering acquisition offers from its US and UK counterparts, with a decision expected by summer. The German arm's potential sale follows recent private equity investments in the network, with the UK business partnering with Cinven and the US firm collaborating with New Mountain Capital. The US arm, consolidating international operations through Grant Thornton Advisors, appears favored in the bidding. This acquisition is part of a wider trend within the Grant Thornton network, with other member firms showing interest in potential sales. Despite the competitive dynamics, both the UK and US entities emphasize their commitment to network growth.
Sectors
- Professional Services
- Private Equity
- Mergers and Acquisitions
Geography
- Germany – This is where the target company, Grant Thornton's German business, is located.
- United States – The US arm of Grant Thornton is a key bidder in the takeover process.
- United Kingdom – The UK arm of Grant Thornton is competing for the acquisition of the German business.
Industry
- Professional Services – The article discusses the activities around Grant Thornton, a major player in the professional services sector, specifically accounting and advisory.
- Private Equity – The article mentions private equity involvement with UK and US entities of Grant Thornton, indicating significant interest and activity in the sector.
- Mergers and Acquisitions – The central theme of the article revolves around acquisition bids and competitive processes for the German arm.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Grant Thornton Germany | Target | Company | The German arm of Grant Thornton considered for acquisition. |
| Grant Thornton US | Bidding Company | Company | A major bidder in the acquisition process for the German business. |
| Grant Thornton UK | Bidding Company | Company | UK entity of Grant Thornton competing for German acquisition, backed by Cinven. |
| Cinven | Private Equity Firm | Company | PE firm backing the UK arm of Grant Thornton. |
| New Mountain Capital | Private Equity Firm | Company | PE firm invested in the US arm of Grant Thornton. |