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Grant Thornton advises Kearney on strategic acquisition of TEAMS Design

Düsseldorf, July 13, 2023

Kearney, a leading global strategy consulting partnership, has acquired TEAMS Design, an industrial design firm being based across three countries with design studios located in Chicago, Hamburg, Shanghai and Stuttgart. The successful deal represents a continuation of Kearney’s strategy to accelerate growth, serve clients in greater depth and will also enable a deeper partnership between TEAMS and Kearney’s Product Excellence and Renewal Lab (PERL), a lab within Kearney that advises companies on product strategy.

Grant Thornton advised Kearney on the acquisition. Comprising professionals from Germany, China and the US, our Grant Thornton team headed by transaction experts Tim Gonnermann (Financial), Dr. Stefan Hahn and Torben Schlitt (both Tax) contributed to the successful completion of the transaction by providing financial due diligence, tax due diligence and other advisory services.

Kearney is a global management consulting firm with offices in more than 40 countries worldwide and more than 5,300 employees. The German subsidiary is A.T. Kearney GmbH and has offices in Berlin, Düsseldorf and Munich. The consulting focus in Germany is on growth, innovation, sustainability, strategic IT, complexity management, and process optimization of global production and supply chains.


Tim Gonnermann
+49 211 9524 8252

Alexander Schwendemann
Senior Consultant
+49 211 9524 8947

Dr. Stefan Hahn
+49 211 9524 8735

Torben Schlitt
+49 211 9524 8192

About Grant Thornton in Germany

Grant Thornton is one of the ten largest audit firms in Germany, providing services to upper mid-market companies and listed companies with around 1,600 employees at eleven offices. The audit and consultancy firm consists of the service lines Audit & Assurance, Tax, Advisory, Business Process Solutions, Legal, and Private Finance. The company is the German member firm of Grant Thornton International Ltd. The Grant Thornton network has 68,000 employees and advises companies in around 150 countries around the world.


Susanne Gehrling
Head of Corporate Communications
+49 69 905598 617 


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