Accounting & Tax Acquisitions in Utah

CenterOak Partners, a Dallas-based private equity firm, has completed a majority recapitalization of NOW CFO, a Salt Lake City-based provider of outsourced finance and accounting services focused on SMB clients. CenterOak will support NOW CFO's growth by investing in technology, business development and client engagement and by expanding the company's geographic reach and service offerings; terms were not disclosed.

Marshall & Stevens, a national valuation and advisory firm, has acquired Rocky Mountain Advisory, LLC, a Salt Lake City-based forensic accounting and litigation support firm. The acquisition expands Marshall & Stevens' dispute resolution and litigation support capabilities and adds a Salt Lake City office to its national platform.

Armanino (through Armanino Advisory LLC and Armanino LLP) has acquired the assets of Cooper Savas LLC, a Salt Lake City–based public accounting firm. The deal marks Armanino’s first entry into the Utah market and adds a 35-person team to expand its tax, accounting, assurance and advisory capabilities.

Skylark Private Equity Partners closed an investment to acquire Cost Segregation Authority (CSA), a Lindon, Utah–based provider of cost segregation studies and tax-related services for real estate investors. Skylark said the deal will help scale CSA’s market reach and operational capabilities as part of the firm’s focus on lower middle market, tech-enabled business services in the tax advisory space.