Professional Services

Goldman, Freshfields lead as Cinven snaps up Grant Thornton UK stake

Deal comes as a flurry of private equity firms pile into professional services

Top banks and law firms picked up lucrative mandates as the accountancy and audit firm gets backing from a buyout giant
Top banks and law firms picked up lucrative mandates as the accountancy and audit firm gets backing from a buyout giant Photo: Getty Images

Goldman Sachs and Freshfields scored key advisory roles as private equity giant Cinven snapped up a majority stake in Grant Thornton UK.

Grant Thornton, which has more than 240 partners and 5,500 employees in its 20 UK offices, is the latest professional services firm to fall into the hands of buyout firms eyeing the sector for growth.

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