Grant Thornton Kenya, a leading professional services firm, has merged with Devani-Devani & Company, a certified public accounting firm.
Following receipt of necessary regulatory approvals, the merger, effective January 6, 2025, aims to provide enhanced solutions to clients in Kenya and drive innovation in the face of increasing digitization, including adopting AI and automation in risk management.
Grant Thornton Kenya brings over four decades of experience in the Kenyan market, with a team of more than 300 professionals and deep ties within the business community. As part of the global Grant Thornton network, with 76,000 people in 156 markets and a global revenue of US$8 billion, the firm offers extensive international expertise.
Devani-Devani & Company has operated in Kenya for over three decades, maintaining a strong presence in Nairobi and Mombasa while providing personalized services to a diverse client base.
The merged firm will operate from offices in Nairobi and Mombasa. It comprises over 350 employees, including 20 partners and directors. Their combined clientele includes major banks, SACCOs, insurance companies, hotels, hospitals, schools, IT companies, agro-processors, and international NGOs.
Dipesh Shah, Managing Partner of Grant Thornton Kenya, stated, “This merger reflects a shared vision and strategy between two firms with over 70 years of combined experience in the Kenyan market. By joining forces, we are creating new opportunities for growth and innovation, ultimately delivering greater value to our clients.”
Sunil Devani, Managing Partner of Devani-Devani & Company, added, “This merger will be a game-changer in the advisory services sector, marking a significant phase of growth for Grant Thornton Kenya and bringing together best practices and synergies to serve a wider range of clients better.”
This strategic move comes as organizations globally adapt their strategies to enhance profitability in a dynamic business environment characterized by increasing adoption of digital technologies, including AI, as essential business tools.
Advisory firms play a vital role in helping organizations navigate these complexities, offering services such as accounting, financial reporting, fraud examination, tax compliance, human resource consulting, and technology consulting.