Grant Thornton International welcomes the merger of Grant Thornton Ireland and RSM Robson Rhodes
David McDonnell, chief executive officer of Grant Thornton International today announced the merger between Grant Thornton's Irish member firm and RSM Robson Rhodes in Ireland, which follows on from the merger of Grant Thornton UK LLP and the UK division of RSM Robson Rhodes LLP.
The merger creates a firm with the depth of resource, expert capability and market credibility to make it the leader in its chosen marketplaces. The new organisation will now operate as Grant Thornton Ireland, as the merger was completed on 1 July 2007.
The enlarged firm provides Grant Thornton International with an even stronger member firm in Ireland, significantly enhancing the organisation's competitive position within this key high growth market. The merger firmly establishes Grant Thornton Ireland as Ireland's 6th largest accounting and business advisory group based on fee income (approximately € 40 million) with more than 400 partners and staff, operating from 3 locations.
Ireland is one of the fastest growing international financial services hubs, and has built a formidable regulatory and fiscal platform for attracting and servicing international asset management, global banking, cash management, leasing and asset securitisation. In addition to creating one of the strongest accounting and advisory groups in the Irish corporate market place this merger creates a compelling multi-disciplinary offering to the international asset management, insurance and banking sectors.
Managing Partner of Grant Thornton Ireland, Paul Raleigh, said: "This merger allows us to make further inroads into the markets which were traditionally the preserve of the Big Four firms. We are already involved in specialist projects, like business risk services and tax, for global companies. Financial services will be a key market for us and we can build on the good work done by other member firms, particularly in the US and UK."
David McDonnell, chief executive officer of Grant Thornton International said: "This expansion is exactly the sort we envisaged within the global strategy of Grant Thornton International and will send a strong message to the wider market of our commitment to develop and grow our global organisation."
For further information please contact:
Jess Koslow
Senior PR Executive
Grant Thornton International
T: +44 (0)207 391 9564
M: +44 (0)7989358864
E: jessica.koslow@gtuk.com
About Grant Thornton International
Grant Thornton International is one of the world's leading organisations of independently owned and managed accounting and consulting firms. The strength of each local firm is reflected in the quality of our organisation. All Grant Thornton International member firms share a commitment to providing the same high quality service to their clients wherever they choose to do business.
Grant Thornton International does not deliver services in its own name. Each member and correspondent firm of Grant Thornton International is a separate independent national firm. These firms are not members of one international partnership or otherwise legal partners with each other, nor is any one firm responsible for the services or activities of any other. Each firm governs itself and handles its administrative matters on a local basis.
All references to Grant Thornton International are to Grant Thornton International Ltd. Grant Thornton International Ltd is a non-practicing, international umbrella entity organized as a private company limited by guarantee incorporated in England and Wales.
