Grant Thornton Advisors announces that Grant Thornton Australia is advancing plans to join its platform

Grant Thornton Advisors to continue building a differentiated platform with multinational scale and purpose

Grant Thornton Australia’s board evaluated multiple strategic pathways for long‑term growth

Transaction would accelerate Grant Thornton Australia’s ambitions to become that nation’s most modern, cross-border professional services firm — featuring best-in-class technology, client offerings and career pathways

CHICAGO and SYDNEY — Grant Thornton Advisors LLC has announced that Grant Thornton Australia is advancing plans to join its multinational platform, a rapidly expanding group of nearly 20 aligned firms spanning the Americas, Europe, the Middle East and the Asia Pacific region.

For the Grant Thornton Advisors platform, the transaction would bring additional scale and momentum tied to the Australian firm’s annual revenues of USD $282M (AUD $392M), 1,500 employees and six offices. It would also benefit from Grant Thornton Australia’s market strength and reputation for quality.

The result: an even stronger ability to serve clients with integrated, multidisciplinary teams that coordinate seamlessly across borders — as well as added capacity to deliver innovative solutions backed by consistent, technology-enabled engagement teams that share a commitment to quality.

In addition, the transaction would significantly expand the Grant Thornton Advisors platform’s Asia Pacific presence, building on its footprint in New Zealand and opening new pathways for regional growth.

For Grant Thornton Australia, the proposed transaction is the result of an extensive strategic review, during which its board evaluated multiple pathways to advance the firm’s ambitious strategy. The transaction has been recommended by the board and would close later this year subject to shareholder partner approval and standard regulatory conditions.

It would accelerate Grant Thornton Australia’s growth strategy, expanding its access to world‑class AI and technology capabilities, while creating compelling career pathways for its next generation of partners and high‑performing professionals. Importantly, it would preserve the local market culture and agility that define Grant Thornton Australia.

Through the proposed deal, Grant Thornton Australia would continue to provide best-in-class advisory and tax services, and its audit practice would remain committed to independence and stringent governance — demonstrating a focus on the highest quality standards and adhering to all regulatory requirements.

Grant Thornton Australia would continue to be part of the Grant Thornton International Limited network, which comprises member firms in more than 150 markets worldwide.

Executive quotes:

Jim Peko, CEO of Grant Thornton Advisors LLC and leader of its multinational platform: “Grant Thornton Australia is a standout firm — with strong momentum, exceptional leadership and a culture that has earned deep respect in its market. Its intention to join our platform reflects a shared ambition: to build something more connected, more capable and more forward-looking for our clients and for our people. Together, we can accelerate growth across the Asia Pacific region while strengthening how we serve clients seamlessly across borders. This is exactly the kind of partnership we seek as we continue to build a differentiated platform with scale and purpose.”

Said Jahani, CEO of Grant Thornton Australia: “This proposed transaction promises an exciting new chapter for our firm. Joining the Grant Thornton Advisors platform would give us accelerated access to emerging tech capabilities and growth capital, accelerating our ambition to build Australia’s most modern, internationally aligned professional services firm. It would both enhance our client offerings and deepen the opportunities we can provide for our team. This is about seizing the right growth lever, and we are incredibly excited for what lies ahead.”

Advisers for the transaction include:

• Financial adviser to Grant Thornton Australia: Greenhill
• Legal advisers to Grant Thornton Australia: Allens; Maddocks
• Legal advisers to Grant Thornton Advisors LLC: Simpson Thacher & Bartlett LLP; Gilbert + Tobin

About the Grant Thornton Advisors multinational platform

The Grant Thornton Advisors multinational platform is a group of firms within the Grant Thornton International Limited network that connects priority markets and operates with aligned standards, technology and delivery expectations. Firms remain locally led and legally separate. The Grant Thornton International Limited network provides access to its member firms in more than 150 global markets.

The platform is currently home to almost 20 aligned firms stretching from the Americas across Europe and the Middle East to the Asia-Pacific region. These firms bring together almost 25,000 professionals to deliver cross-border solutions powered by advanced technologies, a shared commitment to quality and a growing reputation as the industry’s employer-of-choice. The platform firms operate as separate legal entities.

About Grant Thornton Advisors LLC

Grant Thornton Advisors LLC provides non-attest offerings, including tax and advisory services. It is one of two specialized entities known collectively as Grant Thornton in the US, alongside Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services.

Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants.

Grant Thornton LLP is a CPA firm, while Grant Thornton Advisors LLC is not.

“Grant Thornton” refers to the brand under which the member firms in the Grant Thornton International Ltd (GTIL) network provide services to their clients and/or refers to one or more member firms. Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the GTIL network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients.

About Grant Thornton Australia

Grant Thornton Australia is one of Australia’s leading professional services firms, providing audit, tax, and advisory services to a diverse range of clients.