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Press release

Grant Thornton Luxembourg to join multinational platform led by Grant Thornton Advisors LLC

Expanded multinational organisation will seamlessly deliver high quality, enhanced solutions and world-class talent in additional geography.

CHICAGO – LUXEMBOURG, Wednesday 23 April 2025 — Grant Thornton Luxembourg today announced that it has reached an agreement to unite with Grant Thornton Advisors LLC (Grant Thornton Advisors). Through the agreement, Grant Thornton Luxembourg will join the multinational platform that Grant Thornton Advisors initially created earlier this year with Grant Thornton Ireland.

The platform was established with the backing of an investor group led by New Mountain Capital, a growth-oriented investment firm with approximately $55 billion in assets under management. The expanded platform will continue to be part of the Grant Thornton International Limited network, which comprises member firms in more than 150 markets worldwide. 

The platform now has a multinational team of more than 13,000 professionals across more than 50 offices. With the addition of Grant Thornton Luxembourg, the platform can now offer broader capabilities to a growing client base and further enhance the talent and quality of its unified advisory and tax services. The combination also brings strength to its independent audit and assurance practices. Additionally, this move bolsters its standing in one of the world’s most prominent international financial centers, with aggregated access and expertise in major growth industries including banking, asset management, insurance and energy.  

The CEO of Grant Thornton Advisors, Jim Peko, will continue to lead the platform, and Ralph Bourgnon, partner – board and management committee member, Grant Thornton Luxembourg will maintain management of his geography. 

Along with the addition of Grant Thornton Luxembourg, Grant Thornton Cayman and Grant Thornton UAE have also joined the unified organisation through separate transactions with Grant Thornton Advisors. 

The platform will continue to explore growth opportunities in additional service lines and regions where there is economic alignment, client consistency and industry-service intersection.

“Scaling our offerings and footprint by uniting with Grant Thornton Luxembourg underscores our focus on advancing a combined platform, with multinational experience and exemplary quality,” said Peko. “In a fast-moving business environment, clients need trusted advisors that deliver high-quality and innovative solutions across dynamic high-growth sectors and geographies. Our focus is on creating a world-class client experience.”

 

Ralph Bourgnon said: “Today marks a pivotal milestone for Grant Thornton Luxembourg. It not only fuels our momentum and gives our professionals unique and exciting opportunities, it also bolsters our technology resources, access to solutions for the local market and across many regions, and expertise spanning financial hubs.”

 

“This platform is unlike any other in the accounting and consulting industry — delivering a singular experience and exceptional quality,” said Andre Moura, managing director, New Mountain Capital. “We look forward to supporting Grant Thornton Advisors in bringing together additional service providers in our united, global structure.”

The transaction is subject to regulatory approvals and other standard closing conditions.

About Grant Thornton Luxembourg

Grant Thornton Luxembourg is a leading provider of Audit & Assurance, Business Advisory, Internal Audit, Financial Services, Tax & Accounting and Technology services for all entities in Luxembourg. With more than 350 people and 27 partners, we combine a strong technical guidance with an experienced dedicated staff to ensure that clients receive a truly different experience.

About Grant Thornton US

Grant Thornton delivers professional services in the US through two specialised entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services ― and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services.  

In 2025, Grant Thornton formed a multinational, multidisciplinary platform with Grant Thornton Ireland. The platform offers a premier transatlantic advisory and tax practice, as well as independent American and Irish audit practices. With $2.7 billion in revenues and more than 50 offices spanning the U.S., Ireland and other territories, the platform delivers a singular client experience that includes enhanced solutions and capabilities, backed by powerful technologies and a roster of 12,000 quality-driven professionals enjoying exceptional career-growth opportunities and a distinctive cross-border culture. 

Grant Thornton is part of the Grant Thornton International Limited network, which provides access to its member firms in more than 150 global markets. 

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” 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 New Mountain Capital

New Mountain Capital is a New York-based investment firm that emphasises business building and growth, rather than debt, as it pursues long-term capital appreciation. The firm currently manages private equity, credit and net lease investment strategies with approximately $55 billion in assets under management. New Mountain Capital seeks out what it believes to be the highest quality growth leaders in carefully selected industry sectors and then works intensively with management to build the value of these companies. For more information on New Mountain Capital, please visit https://www.newmountaincapital.com/.

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