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...Grant Thornton is the seventh-largest US accounting firm by revenue and the deal with New Mountain represents the largest private equity investment in the accounting profession, coming hot on the heels of...
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...He previously worked at insurance group Aviva for more than a decade....
...Grant Thornton is the seventh-largest accounting firm in the US with $2.4bn in annual revenue. The sale of a majority stake to New Mountain represents the biggest private equity deal in the sector....
...Global private equity executives from firms including Bain Capital and Blackstone Group, as well as KKR co-founder Henry Kravis, have visited India in recent months, talking up its economic potential and...
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...Spire has been expanding in complementary services and in October paid £74mn for Vita Health Group, a mental health provider....
...British Airways owner International Airlines Group expects another record summer amid unrelenting demand from holidaymakers and as tech executives drive a recovery in business travel....
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...before we make much revenue from some of these new products”....
...Meanwhile, Sweden’s tax authority told the FT that of 750,000 people registered as sole traders in 2022, approximately 180,000 reported no revenues....
...CVS Health also offers pharmacy, retail and healthcare services, which allowed the group to report that total first-quarter revenue grew about 3.7 per cent to $88.4bn....
...The brewing group’s total volumes declined by 0.6 per cent, compared to an expected 1 per cent drop, while revenues rose 2.6 per cent in the three months to April....
...Meanwhile, BusinessEurope, a pan-EU lobby group, says that 42 per cent of its national federations are dissatisfied with the implementation of their RRF-funded economic recovery plans....
...Apple generated $24bn in revenue in Japan last year. The company declined to comment specifically on the Japanese legislation and other regulatory measures in Asia....
...The group acquired healthcare provider One Medical in 2022 and last year announced the rollout of RxPass, which allows Prime members to order an unlimited amount of some unbranded prescription medications...
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...The report also alleged the company seemed to have incorrectly booked sales of hardware as software and might have misrepresented the nature of its revenue....
...A wave of insurance brokerages including Hub Group and Integrity Marketing Group have taken private equity cash....
...Serkan Kaptan, chief executive of TAV, which operates several major airports in Turkey, said the group had been “laying the foundations for growth . . ....
...Mehta pressed Google’s lawyer over a question advanced by the DoJ: “If it’s all about quality, then why pay billions in revenue share?”...
...“It’s an indictment of UK thinking to stick with something like this rather than look at more specialist healthcare stories,” such as high-growth biotech companies....
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