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Grant Thornton explores potential private equity investment

Private Equity Insights

The professional services firm is said to be in discussions with potential buyers and is working with advisers from Rothschild to evaluate its options. Any potential deal would allow Grant Thorntons audit division to remain majority-owned by its partners, ensuring regulatory compliance and independence.

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Blackstone Energy Transition Partners Announces Majority Investment in Westwood Professional Services, Inc., Leading Engineering & Consulting Firm

Blackstone News

The post Blackstone Energy Transition Partners Announces Majority Investment in Westwood Professional Services, Inc., Leading Engineering & Consulting Firm appeared first on Blackstone.

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Is Accenture's Deal With Nvidia a Game Changer?

The Motley Fool

One area that is getting overlooked is professional services -- otherwise known as consulting. Global IT professional services firm Accenture (NYSE: ACN) is quietly emerging as an important component of AI roadmaps. As such, Accenture has an opportunity to broaden its services depending on a client's AI use cases.

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Investcorp buys US accountancy as private equity hunts professional services

Financial Times M&A

Bahrain-based group’s purchase of PKF O’Connor Davies is latest in a flurry of deals

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Blackstone closes $5.6bn energy transition fund at hard cap

Private Equity Insights

Other key investments include Westwood Professional Services, an engineering consultancy; Trystar, a backup power management provider; Lancium, a developer securing long-term grid access for data centers; and Potomac Energy Center, a 774-megawatt natural gas and hydrogen-ready power plant.

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Apax acquires Evelyn Partners’ accounting arm for £700m

Private Equity Wire

Evelyn Partners will now transition into a pure-play wealth manager, shedding its accounting and professional services operations. While Bridgepoint also pursued the acquisition, it ultimately made a lower bid than Apax, according to the reports.

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HIG to acquire Alight’s payroll and professional services business

Private Equity Wire

An affiliate of HIG Capital, a global alternative investment firm with $60bn of capital under management, is to acquire the payroll and professional services business of Alight, in a deal worth up to $1.2bn. The business to be acquired encompasses technology-enabled payroll, human capital management and professional services.