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.