Company

Grant Thornton Czech Republic approves a strategic investment to become part of a strong European platform

Grant Thornton Czech Republic, a leading advisory group, announces its participation in a new platform facilitating connections with key European branches in Germany and the United Kingdom. Deeper integration will enable the company to build on its significant growth in recent years and strengthen investment in service development.

As part of this initiative, a strategic investment by the international private equity firm Cinven has been approved. This decision represents a major milestone in the evolution of all participating firms and provides a strong foundation for strengthening their position in the European market.

The partnership with a well-capitalised investor follows a months-long strategic process focused on long-term sustainability, enhanced competitiveness, and the ability to respond to the rapidly changing professional services environment. The new structure will enable closer cooperation among European teams, the sharing of know-how, and more efficient use of resources across the region.

A key benefit is the enhanced investment and innovation capacity of the previously independent firms, now operating as a connected group. This European Grant Thornton hub will enable not only joint investments in acquisitions, but also in modern technologies, including digitalisation, artificial intelligence and process automation, supporting service quality and the continued development of client offerings.

“Today’s announcement is the result of months of intensive discussions and analysis aimed at creating a structure that will be sustainable over the long term and deliver both strategic and economic value for all stakeholders. I am confident that we have found a solution that will ensure a stable future and strong growth potential for many years to come,” said David Pirner, CEO of Grant Thornton Czech Republic.

For clients, the new arrangement brings broader international reach, access to a wider range of expertise, and the ability to deliver cross-border projects supported by a single, coordinated team. It also further strengthens Grant Thornton’s position as a leading European partner for mid-market and large organisations.

“Grant Thornton Czech Republic is a leading, innovative player in the high-growth Czech professional services market. The firm is well- positioned to continue its successful growth trajectory with its strong team across the Czech Republic and commitment to offering best-in-class advisory to its clients. We are excited to partner with David, Tomas and Jiri as well as the broader Grant Thornton Czech Republic team to accelerate growth and investment into the firm. In addition, we see a strong shared ambition, cultural overlap and synergies between Grant Thornton Czech Republic and Grant Thornton UK and Germany, which will strengthen the Group’s position as a leading professional services firm in key European markets” added Samy Jazaerli, Senior Principal and Jodi Balfe, Principal at Cinven.

Continuity for clients and employees remains unchanged. The formal changes to the ownership structure of the European entities, which will result in a unified ownership framework, will not affect teams, projects or ways of working.