grant thornton baltic- latvia
Grant Thornton Baltic SIA is a Riga-based professional services firm providing audit, accounting, tax, legal, valuation, data-protection, and transaction advisory services to enterprises, mid-market companies, government entities, and international clients across the Baltic region.
- Company typePrivate
- Founded2008
- HeadquartersRiga, Latvia
- Headcount—
- GTM typeB2B
- OfferingServices
What grant thornton baltic- latvia does
Grant Thornton Baltic SIA is a Riga-based private professional-services firm serving enterprise and mid-market companies, government entities, private-equity firms and investors, and international businesses. Its service portfolio includes audit and assurance, corporate accounting and payroll outsourcing, tax advisory, financial and business consulting, legal advisory, real estate and business valuation, data protection, and information security. The firm reports more than 1,500 active clients in Latvia, 70+ employees in Latvia, 350+ employees and 23 partners across the Baltic region, and a fifth-place position among audit and accounting companies in Latvia.
The firm earns professional-services revenue through customized, quote-based engagements sold directly by partners and senior professionals. Audit, accounting and payroll outsourcing, tax, and data-protection work form part of its client-service mix, while M&A, due diligence, valuation, restructuring, forensic, and legal projects provide project-based work. Grant Thornton Baltic is a licensed Latvian audit company, License No. 155, and a member of Grant Thornton International Ltd; it operates through six Baltic offices with access to a network spanning 130+ countries. Its operating tools include proprietary Voyager audit software for audit project management and execution and BPS accounting automation, neither of which is disclosed as an AI or machine-learning capability.
grant thornton baltic- latvia firmographics
Firmographics- Name
- grant thornton baltic- latvia
- Legal name
- Grant Thornton Baltic SIA
- Website
- https://grantthornton.lv
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Short description
- Grant Thornton Baltic SIA is a Riga-based professional services firm providing audit, accounting, tax, legal, valuation, data-protection, and transaction advisory services to enterprises, mid-market companies, government entities, and international clients across the Baltic region.
- Ownership category
- akta.pro rank
grant thornton baltic- latvia industry classification
Industry- Product category
- Audit and Business Advisory Services
- NAICS
- Offices of Certified Public Accountants (541211)
- SIC
- Services-Engineering, Accounting, Research, Management (8700), Services-Legal Services (8111), Services-Management Services (8741)
- akta.pro primary industry
- Business Valuation (Private Companies & Equity Interests) (BPAHANAA)
Keywords
Where grant thornton baltic- latvia is headquartered
LocationHeadquarters
- HQ city
- Riga
- HQ country
- Latvia
- HQ region
- Europe
Offices3 records
Markets served
grant thornton baltic- latvia business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Audit and Assurance Services: Statutory audit of annual and consolidated financial statements for public interest entities and other entities. Revenue from audit services includes statutory audits and permitted non-audit services to audited entities.
- Tax Advisory Services: Tax consulting including VAT, corporate income tax, transfer pricing, tax risk management, due diligence, international taxation, and taxation of private individuals.
- Accounting and Outsourcing Services: Corporate accounting, payroll outsourcing, full-cycle accounting, financial reporting, consolidated annual reports preparation, and outsourced CFO services.
- Financial and Business Advisory: Business valuation, M&A advisory, due diligence, reorganisation and restructuring, forensic financial advisory, business planning and financial forecasting.
- Legal Advisory Services: Corporate law, commercial law, labor law, civil law, insolvency law consultations and document preparation.
- Real Estate Valuation Services: Valuation of industrial, commercial, residential properties, business and specialized properties, and enterprise assets.
- Data Protection Services: GDPR audit, DPO as a service, data protection advisory, data protection impact assessment, and information security audit.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels5 records
grant thornton baltic- latvia product offering
Product offeringCore offering
Grant Thornton Baltic provides fee-based professional services including statutory audit and assurance, corporate accounting and payroll outsourcing, tax advisory (VAT, corporate income tax, transfer pricing, international taxation), financial and business consulting (due diligence, M&A, valuation, restructuring, outsourced CFO), real estate valuation, data protection/GDPR advisory, and legal advisory services to enterprise, mid-market, and government clients across Latvia, Estonia, and Lithuania.
Product overview
Grant Thornton Baltic is a professional services firm providing a comprehensive suite of advisory services across the Baltic region. The offering consists of core service lines including Assurance (audit), Corporate Accounting and Outsourcing, Tax Services, Financial and Business Consulting, Real Estate Valuation, Data Protection and Information Security, and Legal Advisory. These services are delivered through a unified professional team rather than a software product platform, with clients gaining access to integrated expertise across all Baltic states through the firm's regional offices.
Differentiator
Problem solved
Functional benefit
Products and services
- Assurance Services (Audit) Statutory audit of annual and consolidated financial statements, agreed-upon procedures, regulatory compliance procedures, in-depth company examination, and consultation and training on financial accounting. Delivered by Latvian licensed auditors (Licence No. 155) to public-interest entities and other companies.
- Corporate Accounting and Outsourcing Full-cycle accounting services including payroll outsourcing, tax reporting preparation, financial statement preparation, consolidated annual report preparation, accounting automation (BPS), and outsourced CFO services for enterprises and mid-market companies.
- Tax Advisory Services Tax advisory covering VAT, corporate income tax, transfer pricing documentation, tax risk management (TRM) documentation, tax due diligence, daily tax consultations, international taxation, and personal income tax for individuals and businesses.
- Financial and Business Consulting Advisory services including due diligence, mergers and acquisitions, reorganisation and restructuring, business valuation, forensic financial advisory, business planning and financial forecasting, and outsourced CFO services.
- Real Estate Valuation Property valuation services covering business and specialised properties, industrial facilities, commercial properties, residential properties, valuation for various purposes, and enterprise asset valuation; delivered by Recognized European Valuers (TEGoVA).
- Data Protection and Information Security Data protection services including GDPR audit, DPO as a service, data protection advisory, data protection impact assessment, and information security audit.
- Legal Advisory Legal consultation services covering commercial law, labor law, corporate consulting, transaction consulting, legal due diligence, and daily in-house lawyer support.
Companies that use grant thornton baltic- latvia
Customer profileNamed customers16 records
Segments7 records
Ideal customer profiles4 records
grant thornton baltic- latvia technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
grant thornton baltic- latvia partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Grant Thornton International Ltd (GTIL)coreGrant Thornton Baltic SIA is a member firm of Grant Thornton International Ltd, a worldwide audit and business advisory association. GTIL is the umbrella organization providing governance, standards, and network support to independent member firms operating in over 130 countries with over 43,000 employees.
- Latvijas Zvērinātu revidentu asociācija (LACA)coreLatvian Association of Certified Auditors is the independent professional organization bringing together certified auditors and audit firms in Latvia. Grant Thornton partner Raivis Irbītis was re-elected to the Board of LACA. Ieva Aizsila serves on the LACA Examination Committee.
Scale indicators12 records
Recent moves7 records
Expansion highlights4 records
grant thornton baltic- latvia competitors and assessment
Company assessmentBroad incumbents
- EY Latvia: Big Four firm with Latvian presence providing audit, tax, transaction, and consulting services. Competes for the largest audit and advisory mandates that Grant Thornton Baltic cannot pursue.
- KPMG Latvia: Big Four professional services firm with Latvian operations offering the full spectrum of audit, tax, legal, and advisory services. Significantly larger than Grant Thornton Baltic and dominant in enterprise audit mandates.
- Deloitte Latvia: Big Four firm with established Latvian operations offering audit, consulting, tax, and advisory services. Sets the competitive ceiling on enterprise audit market share for Grant Thornton Baltic.
- PwC Latvia: Big Four firm with Latvian operations providing audit, tax, and advisory services. Dominant in large-enterprise audit and consulting mandates across the Baltic market.
Direct peers
- Baker Tilly Baltic: Global Tier-2 accounting and advisory network operating across the Baltic States. Direct competitor in the same mid-market and enterprise audit, tax, and advisory segments with comparable service breadth and member-firm structure.
- Mazars Baltics: International audit, tax, and advisory network with Baltic operations. Competes directly with Grant Thornton Baltic for mid-market and enterprise engagements across audit, tax, and consulting services.
- RSM Latvia: Global Tier-2 audit and advisory network with Latvian member firm. Competes for the same mid-market audit, tax, and advisory engagements as Grant Thornton Baltic.
- BDO Latvia: Global Tier-2 professional services network with established Latvian presence. Direct competitor across audit, tax, and advisory services targeting similar enterprise and mid-market clients.
- Nexia International Latvia: Global accounting network with Latvian member firm offering audit, tax, and advisory services. Direct peer in the second-tier professional services segment serving Baltic enterprise clients.
- Crowe Latvia: Global Top-10 accounting network with Latvian member firm. Direct peer competing for mid-market audit, tax, and advisory clients with comparable service offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key highlights7 records
Customer concentration
grant thornton baltic- latvia social profiles
Digital presencegrant thornton baltic- latvia financial estimates
Financial estimateRevenue estimate
Valuation estimate
grant thornton baltic- latvia leadership team
Management profileNumber of profiles
Profiles9 records
grant thornton baltic- latvia subsidiaries and ownership
Company hierarchySubsidiaries2 records
grant thornton baltic- latvia funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
grant thornton baltic- latvia M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about grant thornton baltic- latvia
What does grant thornton baltic- latvia do?
Grant Thornton Baltic provides fee-based professional services including statutory audit and assurance, corporate accounting and payroll outsourcing, tax advisory (VAT, corporate income tax, transfer pricing, international taxation), financial and business consulting (due diligence, M&A, valuation, restructuring, outsourced CFO), real estate valuation, data protection/GDPR advisory, and legal advisory services to enterprise, mid-market, and government clients across Latvia, Estonia, and Lithuania.
Is grant thornton baltic- latvia a public or private company?
grant thornton baltic- latvia is a private company. It is classified as management employee owned and is currently operating.
When was grant thornton baltic- latvia founded?
grant thornton baltic- latvia was founded in 2008.
Where is grant thornton baltic- latvia based?
grant thornton baltic- latvia is headquartered in Riga, Latvia, in the Europe region.
How does grant thornton baltic- latvia make money?
Seven revenue lines are on record. Audit and Assurance Services are the primary driver. The others are tax Advisory Services, accounting and Outsourcing Services, financial and Business Advisory, legal Advisory Services, real Estate Valuation Services and data Protection Services.
Who are grant thornton baltic- latvia's main competitors?
Broad incumbents on record are EY Latvia, KPMG Latvia, Deloitte Latvia and PwC Latvia. Direct peers are Baker Tilly Baltic, Mazars Baltics, RSM Latvia, BDO Latvia, Nexia International Latvia and Crowe Latvia.
Does grant thornton baltic- latvia have an API?
No public API is recorded for grant thornton baltic- latvia.
What industry is grant thornton baltic- latvia in?
grant thornton baltic- latvia's product category is Audit and Business Advisory Services. Its primary akta.pro industry code is BPAHANAA, Business Valuation (Private Companies & Equity Interests). Its NAICS code is 541211 and its SIC code is 8700.