Ascend (Alpine Investors-backed) Adds Walter Shuffain

December 16, 2024

Arlington, Va.-based Ascend, a growth platform for regional accounting firms backed by private equity firm Alpine Investors, will add Boston-based IPA 200 firm Walter Shuffain effective Jan. 1. The deal brings Walter Shuffain’s FY23 net revenue of $30.3 million and 114 professionals (including 13 partners) onto Ascend’s platform and expands Ascend’s footprint into the Boston market; terms were not disclosed.

Buyers
Ascend, Alpine Investors
Targets
Walter Shuffain
Platforms
Ascend
Industry
Accounting & Tax
Location
Massachusetts, United States
Transaction Type
Addon

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