Chicago (Jan. 9, 2003) -- In an effort to beef up its business valuation and litigation support practice and expand into the middle market, Grant Thornton announced Wednesday that it has acquired valuation firm Brueggeman & Johnson, PC.B&J is the largest and oldest business valuation and litigation support firm in Washington state, and the purchase doubles the size of GT’s valuation services practice.

"This is a strategic acquisition that adds a depth and breadth of expertise in business valuation to Grant Thornton," said Ben Horak, Federal Tax Products Group partner and Grant Thornton's interim leader of the new valuation services group. "This acquisition allows Grant Thornton to expand our strategic services to the middle market."

In addition to two partners from B&J, the acquisition adds 11 professional staff whose experience covers a variety of valuation services, including SEC compliance, intangible assets, complex marital dissolutions, and estate and gift taxes.

-- Electronic Accountant Newswire staff

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