Grant Thornton Gets Brazil Affiliate

Global accounting and consulting firm Grant Thornton has added Brazil’s Pryor Consulting Services as an affiliate, says Steven Brady, national managing partner of transaction advisory services. The new affiliate, which is changing its name to Grant Thornton, has a staff of about 500 and annual revenues of about $17m. “The firm has a long history in advisory services and has helped US-based companies establish a presence in Brazil and navigate through local tax laws and regulations,” says partner Marco Venicio Sanches. The addition of Pryor comes after Grant Thornton’s previous local affiliate, Terco, sold itself to Ernst & Young in August for an undisclosed amount.