Grant Thornton Advisors said Wednesday it has reached an agreement to acquire MCA Connect, a Denver-based consulting and technology firm that works with manufacturing and distribution companies to modernize their operations, improve data quality, and deploy digital solutions.
Financial terms of the deal weren’t disclosed.
Approximately 350 MCA Connect professionals will become part of Grant Thornton Advisors’ Denver office following the close of the transaction, which is expected over the summer, subject to standard closing conditions.
After selling a stake in the firm to private equity group New Mountain Capital in June 2024, top 10 accounting firm Grant Thornton now operates in an alternative practice structure: Grant Thornton LLP, a licensed CPA firm, provides attest services, and Grant Thornton Advisors LLC provides business advisory and non-attest services.
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Over the past year, Grant Thornton Advisors has expanded aggressively through acquisitions, including Auxis, a specialist in outsourcing and business modernization, and Stax, a firm focused on commercial due diligence and value creation.
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MCA Connect is one of Microsoft’s top partners for manufacturing and distribution and a three‑time Microsoft Global Supply Chain Partner of the Year. Over the past two decades, the firm has worked alongside clients to address everyday operational challenges, ranging from fragmented systems to inefficient workflows that constrain growth and profitability.
MCA Connect will be part of Grant Thornton Advisors’ integrated advisory model, which brings together strategy, technology, transactions, risk, cyber, and operations in a single practice. It will go to market as MCA Connect, a Grant Thornton US company.
The transaction also supports Grant Thornton Advisors’ expanding multinational platform. Over the past 18 months, a group of nearly 20 aligned Grant Thornton firms across the Americas, Europe, the Middle East, and Asia‑Pacific have joined the platform—representing almost 25,000 professionals. Last month it was announced that Grant Thornton Australia is advancing plans to become the latest firm to join the platform.
“MCA Connect brings deep industry expertise and proven technical capabilities in one of the most operationally complex sectors of the economy,” Jim Peko, CEO of Grant Thornton Advisors, said in a statement on May 20. “Adding those strengths to our multinational platform enhances our ability to help clients modernize how they run their businesses—across borders, industries, and time zones.”
For clients, the addition of MCA Connect deepens Grant Thornton Advisors’ technology capabilities and footprint in the manufacturing and distribution space at a time when demand for AI‑driven solutions is accelerating.
“For our clients, this acquisition means we’re closing the gap between ambition and action,” Tom Puthiyamadam, managing partner of advisory services for Grant Thornton Advisors, said in a statement. “MCA Connect brings deep industry knowledge, operational fluency, and technical capability. Together, we’ll help clients move faster, make better decisions, and put technology to work in ways that truly move the needle for their businesses. This is about turning smart ideas into real impact.”
MCA Connect brings vast experience within the Microsoft ecosystem, including deep systems integration, built on Microsoft Dynamics 365, Fabric, and Azure, among other technology and industry-related platforms. Combined with Grant Thornton Advisors’ existing Microsoft ecosystem standing, the acquisition is expected to create the ability to deliver large‑scale transformations, as well as targeted operational improvements—doing so from early strategy and design through implementation and long‑term optimization, officials say.
“From the start, it was clear that Grant Thornton Advisors shared our values, our client‑first mindset, and our belief that real transformation comes from connecting strategy to execution,” MCA Connect CEO David Durham said in a statement. “This combination will allow us to scale what makes MCA Connect special: our people, our Microsoft expertise, and our delivery discipline—while also expanding the ways we can help clients modernize faster and with greater confidence. This is a really meaningful moment for our team, and we cannot wait to embrace the opportunities that it presents.”
Photo credit: Sabrina Smith/LinkedIn
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