Grant Thornton takes on Leicester rival
Grant Thornton's Leicester office has been boosted with the acquisition of accountancy firm Thomas May & Co.
All of Thomas May & Co's staff will join the Leicester office on Regent Road, growing Grant Thornton's staff numbers within the city to more than 100.
"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."
Thomas May brings partners Kaushik Bathia, Brian Carruthers, David Radford, Sarah Major, Paul Hancock and Simon Marshall to Grant Thornton's table.
Bathia said: "Joining a firm of the stature of Grant Thornton is an extremely positive step for everybody connected with Thomas May & Co – clients and staff."
Grant Thornton was advised by Gareth John at Gateley and Thomas May & Co was advised by Martin Smith at Spearing Waite LLP, all based in Leicester.