GNC GROUP CONSULTING ANNOUNCES MERGER WITH PROFESSIONAL SERVICES FIRM GRANT THORNTON

GNC GROUP CONSULTING ANNOUNCES MERGER WITH PROFESSIONAL SERVICES FIRM GRANT THORNTON

GNC Group Consulting (“GNC Group”), a Melbourne-based retail and consumer product focused management consulting firm, today announced it is merging with professional services firm Grant Thornton Australia (“Grant Thornton”). This merger represents the next stage of GNC Group’s growth strategy and expansion in Australia and south-east Asia, with GNC Group now forming a significant part of Grant Thornton’s Growth Advisory practice.

GNC Group partner Jamie Downs said:

We are thrilled to join forces with Grant Thornton and strongly believe this merger will accelerate the next phase of growth for us at GNC Group. Between the access to Grant Thornton’s back-office and shared services, their support and training capability and their high-quality talent pool, we will be well positioned to bring an even stronger offer to our clients. We will retain the GNC Group brand and our ways of working so it really is business-as-usual for our clients.

The GNC Group management team feels strongly about cultural alignment with any expansion partner, with Jamie Downs reiterating:

Right from the first meeting we felt there was a strong cultural fit between the two companies. We will have the advantages that come with being part of a well-respected global firm whose corporate values are closely aligned to our own. This will allow us to seamlessly integrate with their growth advisory team and bring our experience to Grant Thornton’s clients.

Grant Thornton Australia CEO Greg Keith welcomed the GNC Group team, saying:

We have a very clear plan to expand our growth advisory business and to provide our clients with even greater expertise and advice. GNC Group has deep experience advising some of the most successful retailers in the country and we’re looking forward to leveraging their capabilities.

GNC Group Consulting is a Melbourne-based consulting firm with its origins in operational commercial finance within the retail industry. Now in its eighth year of operation, the firm has a growing team of 55 and has opened offices in Sydney and Kuala Lumpur, Malaysia over the past two years.



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