Earlier this year, Grant Thornton’s US business became the largest accounting firm to sell a piece of itself to private equity (PE) investors, with New Mountain Capital acquiring a majority position in the firm’s non-audit business.  Shortly after the deal closed, it emerged that Grant Thornton’s UK business, emboldened by the US transaction, was exploring a similar deal. It begged a question: Could the next stop be Grant Thornton in Ireland? It was not a rhetorical question. For some time, rumours have been swirling around Ireland’s tight-knit accountancy and professional services community about a potential deal for Grant Thornton in Ireland.…

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