Grant Thornton International Ltd. is considering options for its Indian unit, including a possible minority stake sale or a merger with its operations in the US or Europe, according to a senior executive in India.

“We have the opportunity to either align to GT’s global PE-backed platform or to raise private equity capital directly,” Vishesh Chandiok , head of Grant Thornton Bharat, said in an interview in Mumbai, highlighting interest from buyout firms in professional services.

Preliminary discussions are being held with New Mountain Capital, a backer of Grant Thornton in the US, and Cinven , which has invested in the European business, Chandiok said.

Grant Thornton Bharat would seek a valuation of over $2 billion in a merger or stake sale, he said, adding that the Indian

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