Cherry Bekaert Acquires ArcherPoint

Cherry Bekaert Acquires Kerr Consulting

August 6, 2024

IT Services

Cherry Bekaert has acquired Kerr Consulting, a Houston-based business applications and cloud technology provider and top North American Sage partner. The deal (Kerr brought in approximately $20 million in annual revenue) strengthens Cherry Bekaert’s Sage and outsourced accounting capabilities and expands its technology-driven solutions nationwide; Kerr was majority-owned by Proviso Capital and was advised by Drake Star on the transaction.

Cherry Bekaert Acquires Suite Engine

October 14, 2024

Software

Cherry Bekaert has acquired Suite Engine, a Microsoft Dynamics 365 Business Central solutions developer, to expand its technology and consulting capabilities. Suite Engine, headquartered in Lawrenceville, Georgia, brings Microsoft-based ERP, ecommerce, payments and industry-specific solutions to Cherry Bekaert's advisory and technology services.

Parthenon Capital Makes Strategic Growth Investment in Cherry Bekaert

June 30, 2022

Accounting & Tax

Parthenon Capital has made a strategic, growth-oriented investment in Cherry Bekaert to support the firm's business advisory practices, funding technology, infrastructure, and expansion initiatives. The transaction restructures Cherry Bekaert into Cherry Bekaert LLP (attest services) and Cherry Bekaert Advisory LLC (business advisory/non-attest services) and is intended to accelerate organic growth and enable strategic acquisitions.

Cherry Bekaert Acquires Treacy & Company

December 14, 2022

Consulting

Cherry Bekaert has acquired Treacy & Company, a boutique growth and innovation consulting firm with offices in Boston and Chicago, to expand its strategy, innovation and digital advisory capabilities. The deal broadens Cherry Bekaert’s geographic footprint in the Midwest and Northeast U.S. and strengthens its industry depth across consumer products, manufacturing, automotive and healthcare.

Choreo Acquires Cherry Bekaert Wealth Management

November 16, 2022

Wealth Management

Choreo, LLC has entered into an agreement to acquire Cherry Bekaert Wealth Management LLC, a Southeast-based wealth management business with approximately $1 billion in assets under management and advisement. The deal includes a strategic partnership with Cherry Bekaert Advisory LLC, is expected to close by year-end (subject to customary conditions), and expands Choreo’s AUM to roughly $14.5 billion post-close.

Cherry Bekaert Acquires Accume Partners from Nadavon Capital Partners

October 19, 2022

Professional Services

Cherry Bekaert has acquired Accume Partners, a risk, regulatory and cybersecurity advisory firm, from Nadavon Capital Partners. The deal expands Cherry Bekaert's internal audit, risk and compliance capabilities and strengthens its mid-Atlantic and Northeast presence to better serve financial services and other highly regulated clients.