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Press Release

Kevane Grant Thornton Expands and Reinforces Operations

Newsroom, The Weekly Journal

Kevane Grant Thornton (KGT), Puerto Rico's leading certified public accounting and businessadvisory firm, announced today a major expansion with the integration of three new partners fromthe LLM & D practice, PSC, more recently known as LHD America, LLC.

The new partners, Roberto Luciano, Eduardo Herencia and Carlos Dolagaray, joined KGT along with30 other professionals as of January 1, 2021.

“The experience and technical capabilities of our new partners and the team of professionals joiningKGT will strengthen the range of auditing and business advisory services, adding specializedinnovative offerings for industries and complementing the services we currently provide in our firm.

This represents an important step, consistent with our strategic plans for expansion and growth.Similarly, it raises the reputation of our firm as a dynamic, which continues to evolve thanks to thequality of our services and the marked difference in our offerings to clients," said Luis CarlosMarcano, KGT managing partner.

The integration of this team of professionals brings additional technical capabilities to the firm,which include: life, accident, property and health insurance; services for the public sector and thebanking sector.

Other services added to the KGT offering include: financial consulting, SOX training evaluation,outsourcing of the SOX function, auditing of controls for service organizations under the SSAE No. 18standard, consulting on regulatory issues and specialized accounting for industries, as well asconsulting services for the acquisition of businesses, design and design and improvement inbusiness processes, among others.

The sum of these services reinforce KGT's aspiration to become a comprehensive firm that offers thefull range of services that clients may require.

Peter Bodin, CEO of Grant Thornton International, added: "“Kevane Grant Thornton is a primeexample of what member firms are accomplishing to accelerate growth, innovate and evolve toanticipate and meet market demands. KGT is a firm with proven leadership in the Caribbean andLatin America region for its exceptional and consistent quality of service. I want to congratulate thepartners and the firm's team for this achievement, and I wish them the best of success in this newstage."

After this integration, KGT increases its workforce to 180 professionals, which include certifiedpublic accountants, lawyers and certified personnel in the areas of fraud evaluation, internal audit,valuation analysis, hospitality account executives, valuation of accredited companies, accountantsfor insolvency and restructuring affairs, information systems auditing, money laundering specialistsand SOX-certified professionals.

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