Grant Thornton Acquires MarketSphere’s Oracle Solutions Business Unit

Chicago, IL –┬áSeptember 3, 2013 – Grant Thornton LLP has acquired the Oracle consulting business of MarketSphere LLC, a Kansas City, Mo.-based business consulting firm. The acquisition, effective Sept. 1, expands Grant Thornton’s Technology Solutions practice, which is part of the firm’s Business Advisory Services.

“Expanding our capabilities in the technology consulting space in order to provide our dynamic clients with a more comprehensive suite of innovative advisory services is a key firm objective, and this transaction positions Grant Thornton to continue its focused growth,” said Stephen Chipman, chief executive officer of Grant Thornton.

The acquisition brings to Grant Thornton more than 160 consultants who provide high-quality business process and technology consulting services to a wide range of mid-market and dynamic organizations across the United States. The unit’s industry-leading team joins Grant Thornton’s talented group of Advisory Services professionals, who focus on providing independent advice to public, private and not-for-profit organizations in areas such as business consulting, mergers and acquisitions, forensics, valuation, restructuring and risk and controls. The Grant Thornton team advises on complying with changing legislation, managing risk, containing costs, leveraging technology investments, streamlining business processes and identifying strategic transaction opportunities.

“The acquisition of MarketSphere’s Oracle Solutions business marks a major milestone in the expansion of Grant Thornton’s Advisory Services and complements the firm’s breadth and depth of audit and tax services offerings,” added Steve Lukens, Grant Thornton’s national managing principal for Advisory Services.

As a Platinum-level member of Oracle(R) PartnerNetwork and an Oracle Accelerate solution provider, the MarketSphere Oracle Solutions unit has extensive, hands-on product expertise, deep functional knowledge and integrated technical skills across Oracle’s Enterprise Resource Planning, Human Capital Management, Enterprise Performance Management, and Business Intelligence product suites. The business unit addresses a broad range of process, technology, and organizational needs within the finance, human resources and supply chain functions, with specialization in strategic business performance, technology integration, and enterprise transformation initiatives. It was awarded the 2012 Oracle Excellence Award for Business Intelligence and Data Warehousing and the 2012 Oracle Fusion Middleware Innovation Award for Business Analytics.

“This combination is an excellent fit from a strategic and cultural perspective that gives our Oracle practice and team members a platform to grow and provides our clients with a broader range of process and industry skills, as well as the ability to serve them on a global scale,” said Steve Sestak, chief executive officer of MarketSphere.

MarketSphere will continue to operate its market-leading Unclaimed Property and Marketing Operations practices.

About MarketSphere Oracle Solutions

An Oracle Platinum Partner with 11 specializations to date, MarketSphere provides advisory and technology expertise to guide the delivery of integrated Oracle ERP, HCM, BI and EPM solutions that optimize business performance. With extensive, hands-on product expertise and deep functional and technical skills, MarketSphere is a recognized leader in business performance, technology integration and enterprise transformation initiatives.

About Grant Thornton LLP

Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd. Grant Thornton International Ltd and its member firms are not a worldwide partnership, as each member firm is a separate and distinct legal entity. In the United States, visit Grant Thornton LLP at www.GrantThornton.com.

SOURCE: Grant Thornton LLP