Nashville, Tenn. (Oct. 21, 2003) -- National accounting firm Grant Thornton has closed its sole Tennessee office due largely to lack of partner support and inadequate deal flow.

Former Tennessee Department of Revenue commissioner and Metro Nashville finance director Joe Huddleston headed the office, which opened in 1997. Huddleston’s assistant was the only other office employee, the Nashville Business Journal reported.

Huddleston is now serving as vice president of client services for California-based enterprise cash flow management solution provider Liquid Engines Inc. He is still based in Nashville.

Grant Thornton had several acquisition opportunities in the area during Huddleston's tenure with the firm, but none came to fruition, Huddleston told the Business Journal. He said one of its most notable efforts was the attempted acquisition of the Nashville and Knoxville offices of PricewaterhouseCoopers.

There are no further details on the deal other than PwC has also left Nashville market, but remains in Knoxville.

-- WebCPA staff

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access