GT acquires niche retrospective billing auditor RCAG

GRANT THORNTON has broadened its assurance offering with the acquisition of niche auditors Recovery Cost Auditing Group (RCAG).

RCAG provides cost assurance to businesses by performing forensic audits of retrospective billing of energy and telecom costs.

The firm finds deficiencies of charging structures and can go back six years identifying anomalies not always available to the end customer, GT said.

Commenting on the acquisition, Scott Barnes, CEO, Grant Thornton UK 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.”