GreySuits Advisors acquires The Growth Collective

10 June 2024 2 min. read
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GreySuits Advisors Inc., a Toronto-based financial advisory and accounting firm, has acquired The Growth Collective (TGC), a Toronto-based boutique growth consulting and strategic implementation firm.

TGC was founded in 2023 by managing partner Todd Blair, an entrepreneurial leader with 25+ years of senior management experience at private and public companies. Between 2018 and 2022, Blair served as partner and national leader for business consulting & technology at Grant Thornton Canada. He joined the mid-market accountancy when it acquired his prior firm GrowthPoint Advisory Services, which he founded and ran for six years.

The TGC team also includes David Fang, director of client delivery, and Mark Magee, director of technology solutions.

TGC provides growth advisory offerings across strategic planning and development, product and pricing, business development, sales forecasting, compensation, and technology enablement, among other areas. The firm also offers M&A advisory in the area of commercial due diligence.

GreySuits Advisors acquires The Growth Collective

GreySuits’ acquisition of TGC will enable the firm to now deliver services in technology transformation, pipeline management and sales forecasting, market and channel development, and new business development.

"Our clients look to GreySuits as advisors to help navigate their challenges and opportunities to fortify and grow their businesses", said Rodney Davis, managing partner of GreySuits. "We see The Growth Collective as an important addition to our portfolio to extend our ability to help our clients maximize their market growth potential."

GreySuits was founded in 2014 and has 30 employees listed on LinkedIn. The firm provides growing companies in the Greater Toronto Area with full-service, outsourced accounting teams. GreySuits’ offerings include fractional CFO services, controller services, and bookkeeping services.

“Joining the GreySuits team allows us to immediately supplement our team with the full range of finance, analytical and strategic capabilities brought by the GreySuits team for the benefit of our clients,” Blair said. “We look forward to setting a new standard for growth and financial advisory that is destined to meeting and exceeding our clients' business goals."