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Grant Thornton US acquires parts of LECG

Grant Thornton US has acquired the LECG Audit, Tax and Advisory practice, adding 270 staff at offices in Atlanta, Chicago, New York, Philadelphia and Portland.

Grant Thornton US said the acquisition is part of its strategy to double its revenues in the next five years.

“We will continue to explore additional strategic mergers and acquisitions as our balance sheet is healthy and we are in a position to attract similar talent,” Grant Thornton US chief executive Stephen Chipman said.

The part of the business that Grant Thornton acquired was known as Business Advisory and Consulting prior to a merger with the consultancy LECG. Smart Business Advisory and Consulting was the largest independent accounting firm in the Philadelphia area.

Last week, Grant Thornton UK acquired LECG Business Consulting.

 

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