Private Equity

CVC mulls Grant Thornton UK offer as private equity pushes into professional services

A spokesperson for the auditing giant said it continues to explore ‘various avenues that will drive growth for our firm’

Grant Thornton’s US arm has already sealed a deal with a private equity firm called New Mountain Capital
Grant Thornton’s US arm has already sealed a deal with a private equity firm called New Mountain Capital Photo: J.DAVID AKE/Getty Images

CVC Capital Partners is reportedly mulling a bid for Grant Thornton UK in the latest sign of private equity’s push into professional services.

Buyout giant CVC is among the interested bidders in the accountancy firm, according to Sky News, which said that the sale could value the business at between £1bn and £2bn.

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