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Grant Thornton acquires cost auditing firm

Leading financial and business adviser Grant Thornton UK LLP announces the acquisition of Recovery Cost Auditing Group (RCAG) which aims to provide cost assurance to businesses.

RCAG performs forensic audits of retrospective billing of energy and telecom costs through a team of experienced expert analysts and obtains rebates and savings opportunities for their client. They use experience and knowledge of known deficiencies of charging structures and are able to go back 6 years identifying anomalies not always available to the end customer.

Commenting on the acquisition, Scott Barnes, CEO, Grant Thornton UK LLP said; "RCAG is a great business, and the team is highly experienced, with good long-term working relationships with all major energy and telecoms suppliers. This acquisition is part of our on-going strategy to broaden out our existing assurance offering for clients, and this is a great additional service to offer our dynamic client base, freeing up funds for them to reinvest in their business and help them grow."