Grant Thornton Windward Islands has boosted its operation in St Vincent and the Grenadines with the acquisition of the Patterson & Co, formerly a BDO member firm. The deal, the value of which has not been disclosed, adds 17 staff to Grant Thornton, including Partner Floyd Patterson.
Grant Thornton Windward Islands is one of the firm’s global member firms that encompass the islands of Dominica, St Lucia, St Vincent and the Grenadines and Grenada. The combined entity is one of the largest professional services firms in the region, with a staff of 39. The firm services various clients, including businesses, NGOs and the public sector, across the islands with their tax and advisory needs.
The Windward Islands wing has recently announced the addition to its network of former BDO member Patterson & Co, which operates in notorious tax-havens St Vincent and the Grenadines. The new member firm has been active in the region for more than seventy years. The deal, completed for an undisclosed sum, sees 17 staff merging into the firm’s regional operation, including Partner Floyd Patterson.
Reflecting on the move, Anthony Atkinson, Grant Thornton Windward Islands national Managing Partner said, “This combination further strengthens Grant Thornton’s market leadership position, not only in the Windward Islands, but across the Organisation of Eastern Caribbean States, and also supports our focus, which continues to be helping our clients unlock and maximise their growth potential.”
Commenting on the merging of the two parties, Floyd Patterson said: “Our team look forward with great optimism, given our mutual driver of working with clients to strengthen their competitiveness in an increasingly global market place, to joining Anthony and his team at Grant Thornton Windward Islands to assist our Caribbean clients in unlocking their potential.”