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Kekst CNC represents Grant Thornton as it sells a majority stake in its US arm to New Mountain Capital, which relies on Goldin Solutions, in what is billed as the largest PE investment in the accounting and advisory sector.
Chicago-based GT, which is the No. 7 accounting firm, registered $2.4B in revenues during fiscal year 2023, ended July. It has about 10K staffers.
CEO Seth Siegel said the partnership with NMC empowers the firm “to deliver transformational, high-quality outcomes for our clients, our talented team members and the industry as a whole.”
GT will now enjoy “greater scale, resources and agility, while better positioning the firm to make targeted investments in talent, technology, infrastructure and enhanced capabilities,” he added.
New York-headquartered NMC has $50B in assets under management.
The deal is expected to close during the second quarter.
Kekst CNC, which is part of Publicis Groupe, has partners Daniel Yunger and Nathan Riggs, and senior associates Mark Fallati and Hallie Wolff handling GT.
Goldin Solutions' John Eddy represents NMC.
Prosek Partners handles New York’s Tilray Brands, craft beer & cannabis operation, as it acquires BrewDog, a leading British independent beer producer in the UK, for $45M.
Brunswick Group handles Zurich Insurance as it agrees to buy UK-based Beazley specialty insurer in a deal valued at $11B.
FGS Global represents Brink’s as it agrees to acquire NCR Atleos, which relies on Collected Strategies, in a $6.6B cash & stock deal to create a leading fintech infrastructure company. (Updated)
A January article in O’Dwyer’s proposes that in 2026, the strongest financial brands will not simply tell compelling stories—they will “signal readiness.”
C Street Advisory Group is working the Chapter 11 filing of Axip Energy Services as it unloads its nearly all of its assets to deal with a heavy debt load.
