Kenya: Grant Thornton Kenya and Devani-Devani & Co. Merge to Strengthen Advisory Solutions

29 January 2025

Nairobi — Grant Thornton Kenya, a leading professional services firm, has merged with Devani-Devani & Company, a certified public accounting firm, to expand their advisory solutions in Kenya. The merger, which took effect on January 6, 2025, following regulatory approvals, is set to enhance service delivery through technology-driven innovations in risk management, tax compliance, and financial consulting.

With over four decades of experience, Grant Thornton Kenya has built a strong presence in the local market, employing more than 300 professionals and being part of the global Grant Thornton network, which operates in 156 markets with a revenue of $8 billion. Devani-Devani & Company, which has served clients in Nairobi and Mombasa for over 30 years, brings a wealth of expertise and personalized services across multiple industries.

The merged entity will cater to a diverse clientele, including banks, saccos, insurance firms, hotels, hospitals, schools, IT firms, agro-processors, and international NGOs.

Dipesh Shah, Managing Partner of Grant Thornton Kenya, stated: "This merger reflects a shared vision and strategy between two advisory firms with a combined experience of over 70 years. By joining forces, we are driving new opportunities for growth and innovation, ensuring an enhanced value proposition for our clients."

Sunil Devani, Managing Partner of Devani-Devani & Company, added: "This merger is a game changer in the advisory sector. Grant Thornton Kenya's next phase of growth will be marked by expanded scale and enhanced best practices, allowing us to serve a broader client base with greater efficiency."

As businesses globally navigate an increasingly digital and complex environment, advisory firms play a crucial role in offering accounting, financial reporting, fraud examination, tax compliance, HR consulting, and technology solutions. This merger positions Grant Thornton Kenya as a leading force in advisory services, ready to help businesses adapt, innovate, and grow.

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