Pictured: (l-r) Kaushik Bathia, David Radford, Chris
Frostwick and Brian Carruthers of Grant Thornton UK LLP in
Leicester
Grant Thornton UK has acquired Leicester accountancy business
Thomas May & Co. All Thomas May & Co staff join Grant
Thornton in its Leicester office, boosting its numbers in the city
to more than 100.
Thomas May & Co is a successful business whose many clients
will benefit from access to the broader range of services and
expertise within Grant Thornton both in its Leicester and national
offices, and through the global network of Grant Thornton
International member firms.
For Grant Thornton, the deal enhances a market leading position
and the addition of a skilled, experienced workforce which will
help the Leicester office expand its work advising growing
businesses and the people who own and run them.
"Grant Thornton is investing in Leicester and the East
Midlands," said Chris Frostwick, a partner at Grant Thornton in
Leicester. "It is an ideal way for us to grow significantly and
means we stand taller on the regional business landscape. It also
speaks volumes about the long-term potential we believe is here for
the private sector to thrive and grow."
The Thomas May partners Kaushik Bathia, Brian Carruthers, David
Radford, Sarah Major, Paul Hancock and Simon Marshall all join
Grant Thornton.
Kaushik Bathia said: "Our principal objective throughout this
process has been to ensure that all our clients continue to receive
the best possible service well into the future. Joining a firm of
the stature of Grant Thornton is an extremely positive step for
everybody connected with Thomas May & Co - clients and
staff."
The strengths of Thomas May & Co complement those of the
Leicester office of Grant Thornton, said Chris Frostwick. "There is
a shared set of values and a common culture of commitment to strong
relationships with clients and high levels of service."
All Thomas May & Co staff are now located in Grant
Thornton's Leicester office on Regent Road.
Legal practices in Leicester advised on the deal. Grant Thornton
UK was advised by Gareth John at Gateley LLP and Thomas May &
Co was advised by Martin Smith at Spearing Waite LLP.