Grant Thornton on an acquisition roll
Accountancy firm Grant Thornton has kicked off 2012 with two new acquisitions - Leicester’s Thomas May & Co and the Channel Islands Insolvency and Restructuring business of Begbies Traynor Group.
The Thomas May name, which is 116 years old, will no longer be used and the majority of the 50 staff will be transferred to Grant Thornton's base in Regent Road.
Chris Frostwick, a partner at Grant Thornton, told This is Leicestershire that the firm had not ruled out further acquisitions, but was not planning any at the moment. However, he added: "We were not actively looking at Thomas May, but it was a good fit".