Grant Thornton LLP Acquires ARRYVE LLC

New Mountain Capital Makes Growth Investment in Grant Thornton LLP

March 15, 2024

Accounting & Tax

New Mountain Capital has made a growth investment in Grant Thornton LLP to accelerate the firm's business strategy, support targeted investments in talent, technology and infrastructure, and enable strategic acquisitions. The transaction (subject to regulatory approvals) will adopt an alternative practice structure separating attest and non-attest services, and is expected to close in the second quarter of 2024.

LLR Partners Makes Growth Investment in Archer

June 8, 2021

Financial Services

LLR Partners has made a growth investment in Archer, a Berwyn, Pennsylvania-based technology-enabled provider of middle- and back-office services to investment managers. The capital will be used to accelerate Archer’s growth and to invest in its cloud-based technology and outsourced services platform; Raymond James served as financial advisor to Archer on the transaction.

Guidehouse (Veritas Capital-backed) Acquires Grant Thornton LLP's Public Sector Advisory Practice

August 22, 2022

Consulting

Guidehouse, a Veritas Capital portfolio company, has acquired Grant Thornton LLP’s Public Sector Advisory practice. The deal adds Grant Thornton’s federal, state and local government consulting professionals and strengthens Guidehouse’s capabilities in finance, human-capital management, IT, data analytics and performance management.

Endava Acquires Technology Consulting Firm Levvel LLC

April 1, 2021

IT Services

London-based Endava has acquired U.S.-based technology strategy, consulting, and engineering firm Levvel LLC. The deal expands Endava's presence in the United States and deepens its capabilities and client exposure in payments, financial services, TMT, and logistics/mobility sectors.

Grant Thornton Advisors Acquires Stax

September 22, 2025

Consulting

Grant Thornton Advisors LLC has acquired Stax, a global strategy consulting firm specializing in commercial due diligence, value creation and exit-planning services. The deal (supported by New Mountain Capital) adds approximately 300 Stax professionals to Grant Thornton Advisors' multinational transaction advisory platform; Blue Point Capital Partners exited the investment.

KPMG LLP Acquires The Arnold Group LLC

January 5, 2023

Professional Services

KPMG LLP has acquired The Arnold Group LLC, a Seattle-based strategy consultancy focused on go-to-market and commercialization for B2B technology companies. The acquisition expands KPMG's strategy and commercial capabilities in the technology sector and brings The Arnold Group's team into KPMG to scale delivery across strategy, design, and implementation.