Home Business Grant Thornton Kenya, Devani-Devani & Company merge to strengthen services

Grant Thornton Kenya, Devani-Devani & Company merge to strengthen services

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[(Left) Mr. Dipesh Shah, the Managing Partner at Grant Thornton Kenya, and (Right), Sunil Devani, the Managing Partner at Devani-Devani & Co, having signed the requisite paperwork to formalise the merger between the two professional services firms. The merged entity will retain the name Grant Thornton. Photo/courtesy]

Professional Services firm Grant Thornton Kenya and certified public accounting firm Devani-Devani & Company have merged into Grant Thornton.

The two firms merged as part of a long-term growth strategy that will ensure continued innovation in the era of digitization, where technology such as Artificial Intelligence (AI) and automation are enabling organisations to enhance their risk management.

Speaking during the merger signing ceremony, Grant Thornton Kenya’s Managing Partner Dipesh Shah said that the merged firm will take full advantage of Grant Thornton Kenya’s more than four decades of providing audit, tax, and advisory services and Devani-Devani & Company’s more than three decades of providing personalized services to clients from various facets of the economy to enhance services to clients.

“This merger confirms an alignment of vision and strategy between two advisory firms that jointly have more than 70 years of experience in this market. In joining forces, we are creating new opportunities for growth and further innovation, consequently presenting an enhanced value proposition to our clients,” said Shah.

He added that the merged firm Grant Thornton will have more than 350 employees, 20 partners, and directors located in Mombasa and Nairobi.

“Our people are our strength in ensuring the provision of quality solutions across all our service lines. We expect to maintain that level of agility and service expediency with the merged entity,” said Grant Thornton Kenya’s managing partner.

On his side, Devani-Devani & Company’s Managing Partner Sunil Devani said, “This merger will be a game changer in the advisory services sector. Grant Thornton Kenya’s next phase of growth will be marked by notable scale as well as further infusion of best practices and synergies to service a wider client pool.”

The merger formally took effect on 6th January 2025 upon receipt of the requisite approvals.

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