VCU announced the hiring at a press conference in Richmond on Tuesday afternoon.
Grant had been with Florida head coach Billy Donovan for the last 12 years, spending two years under Donovan at Marshall before his 10-year stint in Gainesville. Grant has been a part of each of Donovan's 261 career wins and his 226 at Florida, including helping Florida to its first national title earlier this month.
"I've had the great fortune of working with Anthony for the last 12 years and we've developed a very close relationship and a very close bond in that time," said Donovan. "He is a great friend and I'm extremely happy for him."
At VCU, Grant inherits a squad that finished 19-10 and finished 11-7 in the Colonial Athletic Association, the same conference that produced Final Four participant George Mason. VCU was in the NCAA Tournament as recently as 2004 and earned an NIT bid in 2005.
"VCU is getting one of the brightest coaches in the nation in Anthony Grant," Donovan added. "His knowledge of the game and ability to recruit quality athletes are second to none. They are getting someone who will run their program with the highest integrity. Anthony has tremendous family and core values and will run their program in a first class manner."
Grant is the second Donovan assistant to land a head coaching job as John Pelphrey took over at South Alabama in 2002 and led the Jaguars to the NCAA Tournament this past March where they faced the Gators in the opening round.
UF Player Reaction To Anthony Grant's Hiring At VCU
"He's been like a second father to me, both in the recruiting process and from the moment I stepped on campus. I can go to him and talk to him about anything in life and I know he'll give me honest feedback and help me move down the right path."
"As a coach, he knows the game as well as anyone. You'll work hard, you'll learn the game but more importantly, you'll grow as a person and reach your full potential as a player under Coach Grant."
"Coach Grant is a heck of a coach. He taught me a lot about basketball but he also had just as big an impact on my life. VCU will benefit from his knowledge of the game and his ability to teach it. They will also benefit from having a man of character who will set an example for all of his student-athletes."