Grant Thornton LLP

Grant Thornton survey: M&A professionals prepare for deal volume increase

Retrieved on: 
Monday, March 25, 2024

The survey, which polled 238 M&A professionals, found that 81% of respondents expect deal volume to increase or significantly increase over the next six months.

Key Points: 
  • The survey, which polled 238 M&A professionals, found that 81% of respondents expect deal volume to increase or significantly increase over the next six months.
  • Forty-one percent of respondents expect valuations to increase, and 40% predict they will stay the same over the next six months.
  • Many respondents attributed the recent deal volume decrease to misalignment in valuation expectations between sellers and buyers.
  • Pitchbook data shows that in the IT sector, deal activity and especially deal value plummeted in 2023, with the overall IT deal value last year marking a six-year low.

SPRINGLINE ADVISORY APPOINTS FORMER GRANT THORNTON CEO, J. MICHAEL MCGUIRE AS INDEPENDENT BOARD DIRECTOR

Retrieved on: 
Monday, February 12, 2024

DALLAS, Feb. 12, 2024 /PRNewswire/ -- Springline Advisory , a contemporary business advisory platform, is proud to announce the appointment of J. Michael (Mike) McGuire as an independent board member.

Key Points: 
  • DALLAS, Feb. 12, 2024 /PRNewswire/ -- Springline Advisory , a contemporary business advisory platform, is proud to announce the appointment of J. Michael (Mike) McGuire as an independent board member.
  • McGuire is renowned for his transformative leadership as CEO of Grant Thornton LLP, one of America's largest providers of audit and assurance, tax, and advisory services.
  • "Mike McGuire's board appointment marks a significant milestone for Springline Advisory as we continue to carve out a new path in the middle-market accounting and advisory landscape," said Tim Brackney, CEO of Springline.
  • During his 18 years at Grant Thornton, McGuire was instrumental in the firm's expansion and cultural development.

Grant Thornton survey: CFO confidence is on the rise

Retrieved on: 
Wednesday, February 7, 2024

That’s an increase of 22 percentage points over the 45% who reported confidence in their supply chains last quarter .

Key Points: 
  • That’s an increase of 22 percentage points over the 45% who reported confidence in their supply chains last quarter .
  • It’s also the highest mark reported since the survey began asking the question in the fourth quarter of 2021 .
  • Fifty-seven percent said they are confident that they can meet their labor needs, up from 49% in the third quarter.
  • “Despite a turbulent economy and the current shipping crisis in the Red Sea, CFOs seem confident in their supply chain and in their growth projections,” said Paul Melville , national managing principal of CFO Advisory at Grant Thornton.

Grant Thornton survey: Addressing patients’ needs is key to growth in the healthcare industry

Retrieved on: 
Wednesday, January 31, 2024

“Understanding why patient experience is a top priority starts with realizing that growth within a healthcare organization is dependent on serving as many patients as you can,” said John Summerlin , Grant Thornton’s managing director of operations transformation for Healthcare.

Key Points: 
  • “Understanding why patient experience is a top priority starts with realizing that growth within a healthcare organization is dependent on serving as many patients as you can,” said John Summerlin , Grant Thornton’s managing director of operations transformation for Healthcare.
  • Nearly half (44%) of healthcare CFOs indicated that they’re most likely to collaborate with businesses that provide health insurance plans.
  • The firm’s survey also polled healthcare CFOs about the persistent workforce shortages impacting most healthcare organizations.
  • To see additional findings from Grant Thornton’s Healthcare CFO survey, visit: https://www.grantthornton.com/insights/articles/health-care/2023/focusin... .

Grant Thornton survey: Technology companies seek influx of capital to achieve growth goals

Retrieved on: 
Thursday, January 11, 2024

Specifically, 56% of technology CFOs said their greatest challenge will be technology upgrades, while 51% said their greatest challenge will be cybersecurity.

Key Points: 
  • Specifically, 56% of technology CFOs said their greatest challenge will be technology upgrades, while 51% said their greatest challenge will be cybersecurity.
  • “When I take a step back, what technology companies are trying to do is control costs and measure growth,” said Andrea Schulz , Grant Thornton’s national managing partner for Technology.
  • An influx of capital will also propel the strategies technology CFOs have in mind.
  • “There is an opportunity for companies to transform and look more streamlined, but that might be years out,” she said.

Grant Thornton’s Erin Lentz named to 2023 Women Leaders in Consulting list

Retrieved on: 
Monday, November 13, 2023

Erin Lentz , a partner in the Risk Advisory Services practice at Grant Thornton LLP, has been named to Consulting Magazine’s 2023 Women Leaders in Consulting list .

Key Points: 
  • Erin Lentz , a partner in the Risk Advisory Services practice at Grant Thornton LLP, has been named to Consulting Magazine’s 2023 Women Leaders in Consulting list .
  • Under her guidance, she has helped establish Grant Thornton as a premier provider of regulatory risk services.
  • Lentz is also an advocate for women.
  • “When I first started doing this job years ago, I was one of only a handful of women and now there’s so much more representation and allyship.

Luca Mining Announces Significant Performance Gains at Campo Morado, and AGM Results

Retrieved on: 
Monday, November 20, 2023

VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce excellent results from its optimization program at the Company's wholly owned Campo Morado polymetallic mine in Guerrero, Mexico.

Key Points: 
  • VANCOUVER, BC, Nov. 20, 2023 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce excellent results from its optimization program at the Company's wholly owned Campo Morado polymetallic mine in Guerrero, Mexico.
  • These positive test results were achieved both in the laboratory and in the plant at Campo Morado.
  • The Company expects the optimization program to result in a revenue increase of at least 40% with only very modest capital expenditures.
  • Optimisation of primary grinding and implementing an effective mine-to-mill program, has enabled downstream improvements in flotation performance.

Grant Thornton survey: Finance leaders make a play for profitability

Retrieved on: 
Monday, October 16, 2023

However, more than three-fourths (76%) of finance leaders predict net profit growth, with just over half (52%) saying their organizations will grow profits by more than 5%.

Key Points: 
  • However, more than three-fourths (76%) of finance leaders predict net profit growth, with just over half (52%) saying their organizations will grow profits by more than 5%.
  • Technology is increasingly becoming the answer to a variety of challenges, including supply chain woes, and finance leaders are consistently in search of the best technology-enabled solutions.
  • The survey also found that finance leaders continue to choose cost optimization as their number one priority.
  • They’re ready now more than ever.”
    To see additional findings from Grant Thornton’s Q3 2023 CFO survey, visit www.grantthornton.com/insights/survey-reports/cfo-survey/2023/cfo-survey... .

Emeren Group Announces Appointment of Grant Thornton LLP (US) as Auditor

Retrieved on: 
Wednesday, August 2, 2023

STAMFORD, Conn., Aug. 2, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") ( www.emeren.com ) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the appointment of Grant Thornton LLP (US) ("Grant Thornton") as its independent registered public accounting firm, effective August 1, 2023.

Key Points: 
  • STAMFORD, Conn., Aug. 2, 2023 /PRNewswire/ -- Emeren Group Ltd ("Emeren" or the "Company") ( www.emeren.com ) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the appointment of Grant Thornton LLP (US) ("Grant Thornton") as its independent registered public accounting firm, effective August 1, 2023.
  • Grant Thornton succeeds Marcum Asia ("Former Auditor") and will audit Emeren's consolidated financial statements for the fiscal year ended December 31, 2023.
  • The appointment of Grant Thornton was made after a thorough evaluation process and has been approved by the Company's board of directors and its Audit Committee.
  • The Company's decision to change its auditor was not the result of any disagreement between the Company and Former Auditor on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.

Capital Power announces Board appointment and retirement

Retrieved on: 
Tuesday, August 1, 2023

EDMONTON, Alberta, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Jill Gardiner, Chair of the Board for Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX), is pleased to announce the appointment of Carolyn Graham to the Company’s Board of Directors (“the Board”) effective August 2, 2023.

Key Points: 
  • EDMONTON, Alberta, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Jill Gardiner, Chair of the Board for Capital Power Corporation (“Capital Power” or “the Company”) (TSX: CPX), is pleased to announce the appointment of Carolyn Graham to the Company’s Board of Directors (“the Board”) effective August 2, 2023.
  • The appointment follows the retirement of Katharine (Kate) Stevenson from the Board of Directors.
  • We wish her the very best in all her endeavours.”
    With this appointment and retirement, Capital Power’s Board of Directors consists of 10 directors, with 44% of the independent directors being women, and 33% of the independent directors representing diverse groups beyond gender.
  • Please refer to Capital Power’s 2023 Management Proxy Circular and Board Diversity Policy for further information.