Recent Significant Mergers
- Grant Thornton UK merged with RSM Robson Rhodes in July 2007
- Grant Thornton Russia merged with Rosexpertiza in January 2012
- Grant Thornton China merged with Ascenda CPA in January 2012
- In May 2012 Grant Thornton Australia merged with the former BDO offices in Melbourne and Sydney, almost doubling its size in these cities.
Although many of the firms now carry the Grant Thornton name, they are not all members of one international partnership. Each member firm is a separate national entity, and governs itself and manages its administrative matters independently on a local basis. This is similar to other professional services networks.
Grant Thornton is notable for its role in the Parmalat's collapse. The firm paid $6.5 million to settle with Parmalat's equity holders.
Read more about this topic: Grant Thornton International
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