Moss Adams Expands Footprint With Grant Thornton Office Acquisition

Seattle-based Moss Adams (FY09 net revenue of $322 million) announced their plan to acquire the Albuquerque, N.M. practice of Grant Thornton (FY09 net revenue of $1.1 billion) in July.

Kim Nunley, Grant Thornton’s Albuquerque OMP, will join Moss Adams as a partner along with many of the client service staff and employees. Wayne Brown, Moss Adams Albuquerque OMP, will continue to provide local leadership. He says, “I have known and respected Kim for many years and look forward to working closely with her. She is highly regarded within the profession and the Albuquerque community.” 

In evaluating its strategic direction, GT senior leadership determined it will exit the New Mexico market. 

This acquisition demonstrates Moss Adams commitment to the Southwest and overall firm growth. According to Chris Schmidt, Moss Adams president, “Moss Adams is focused on growth and the GT practice blends well with our Albuquerque industry group specialization in areas such as financial institutions, credit unions, employee benefit plans, technology/life sciences, and manufacturing companies.”

Moss Adams has 1,700 employees and 230 partners; the firm serves its clients from 21 offices in Washington, Oregon, California, Arizona, and New Mexico.