Cinven to acquire a majority stake in Grant Thornton UK.

Cinven, a private equity firm, agreed to acquire a majority stake in Grant Thornton UK, a diversified professional services firms offering audit, tax and advisory services in the UK. Financial terms were not disclosed. “This investment in our business is a testament to the hard work of everyone at Grant Thornton UK and the exciting opportunity that lies ahead. Cinven’s proactive and thoughtful approach to partnering with management teams, the value they place on culture and their articulation of how they could reinforce and enhance our commitment to audit quality was a key differentiator in our decision to partner with them. I look forward to working with the Cinven team to continue the firm’s strong growth trajectory," Malcolm Gomersall, Grant Thornton UK CEO.