November 16, 2018

CCR

Ex-Employee Chronicles Grant Thornton’s Gutting of CCR After Acquisition

A few Accounting News Roundups ago, Colin linked to a story about Grant Thornton's new tax hub in Bangalore. In that article, GT CEO Stephen Chipman enthusiastically declared his own tax return is prepared by Indians in Bangalore, which is fine for him. What Colin didn't highlight was this quote, in which Chipman declares hiring […]

Is Grant Thornton Finally Coming to Connecticut?

Sounds like it. By way of gobbling up a firm that sounds like it should belong to John Fogerty.

[CCR, LLP] [t]he full-service accounting and advisory firm announced Monday that it has entered into “exclusive negotiations” with Chicago-based Grant Thornton, one of the largest U.S. accounting firms that currently lacks a Connecticut presence. Its closest office is Boston. Neither party elaborated on terms and boundaries of their talks, except to say in a written statement that “a resolution is expected by year-end.” CCR, with offices in Connecticut, Massachusetts and Rhode Island, is the 13th largest accounting firm in the Hartford Region with 44 employees and 22 CPAs[.]

CCR has five office locations, none of which were born on the bayou, and only one – Glastonbury – that’s in the Constitution State. So technically, they’d be in CT but I mean, COME ON.

Another CT CPA firm in merger cross-hairs [HB]