Accountancy

Grant Thornton Germany gears up for sale 

The move comes after Cinven bought a majority stake in Grant Thornton’s UK business late last year

Grant Thornton is a professional services network of independent accounting and consulting member firms.
Grant Thornton is a professional services network of independent accounting and consulting member firms. Photo: Getty Images

Grant Thornton’s German arm is mulling a sale of itself in the wake of a frenzied private equity auction for its UK counterpart.

The audit giant’s division in Germany, Grant Thornton AG Wirtschaftsprüfungsgesellschaft, is exploring options including a potential deal with private equity, according to people familiar with the situation.

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