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Grant Thornton has has boosted its financial services team with the acquisition of the specialist UK financial services advisory arm of leading global consulting services firm, Navigant Consulting, Inc.

The 45 strong team, including three new partners and nine directors, bring a strong track record in the retail financial services market and a particular focus on the challenger banks.

Commenting on the acquisition, Scott Barnes, CEO of Grant Thornton said: ‘Financial services is a core investment area globally for Grant Thornton and this addition demonstrates our commitment to building an offering that is market leading.

‘As a firm, we already have a strong record of successfully integrating new businesses and people, such as our 2011 acquisition of LECG SMART which is delivering strong revenue growth benefits, and look forward to working alongside new colleagues in supporting our clients and delivering growth.’

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