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Grant Thornton Channel Islands has acquired the chartered accountancy firm Price Bailey in Guernsey, providing "significant opportunities for further growth".
Grant Thornton says it will enable the firm to "expand into the local business market as well as financial services sectors and outsourced finance functions".
Cyril Swale, Head of Office in Guernsey, said: “We are delighted to welcome the Price Bailey team on board and believe this is a very good move for all parties.”
All five Price Bailey staff will join Grant Thornton and bring with them well-established relationships with local businesses. The acquisition will provide Grant Thornton with immediate access to their audit experience and client base. As a result of the acquisition, some of the back-office work currently done by Price Bailey in the UK will now be carried out in Guernsey by Grant Thornton.
Kirsty Warner is joining Grant Thornton as Director of Business Advisory after working at Price Bailey for 16 years where she was the managing partner in Guernsey. She said: “This is a huge opportunity and I am looking forward to working with a larger group. It has come at the right time; the additional support at Grant Thornton will greatly assist us as we work with new and existing clients.”
Pictured top: Kirsty Warner.
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