Thornton bank partnership

Thornton bank partnership
5 (100%) 1 vote

Grant Thornton & Baker Tilly report about the creation of a partnership, which will result in the creation of a joint firm named Baker Tilly. Its main area of working will be the market for audit & services concerning consulting.

Generally, eighteen partners & more than five hundred employees of the recently established company are going to be hired for the work in the offices. A single partnership for the transition period will lead the Coordinating Council, which will include partners from both companies.

Both companies partners are assured that a long & successful experience of work and the general experience combined with the latest technologies of domestic and international scale with leading international clients will enable the merged firm to ultimately solve two of its main tasks – competently & comprehensively serve to interests of their clients and constantly increase the number of partners (co-owners of business) through an effective partner model.

Professional opinion: CEO of Las Palmas Thornton

The firm merger with one of the flagships of the local market can be named a significant step towards the implementation of the strategic plans. For several years, one of the main tasks of effective development was the creation of the partnership. This experience is unique for the market.

The company several years ago was able to switch to a full-fledged partner model & Thornton bank is very proud of this achievement. Unfortunately, the vision of the company’s development & long-term sustainable growth through the partner model could not be fully realized within the international Grant Thornton International network, of which Thornton bank was a member for 17 years. After leaving the network, they faced a new strategic choice. However, a well-knit team, the reputation of professional & reliable consultants, which the company acquired for more than 20 years of operation in the market, long-term relationships with their customers have opened up wide opportunities. After negotiations with a number of interested companies, they made their choice in favor of the Baker Tilly International brand, which is one of the top 10 leading international audit & consulting companies. In the face of partners Baker Tilly Rusaudit, they found the like-minded people to develop professional services & create a unified partnership.