Cherry Bekaert Acquires Treacy & Company
December 14, 2022
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.
- Buyers
- Cherry Bekaert
- Targets
- Treacy & Company
- Industry
- Consulting
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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Cherry Bekaert has acquired substantially all the assets of DeBlanc, Murphy & Murphy, LLC, integrating the firm's attest and non-attest practices into Cherry Bekaert LLP and Cherry Bekaert Advisory LLC respectively. The asset purchase strengthens Cherry Bekaert's presence in the greater Washington, D.C. market and expands its audit, tax and advisory capabilities for business and individual clients.
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Cherry Bekaert Acquires Kerr Consulting
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Cherry Bekaert Acquires MCM CPAs & Advisors
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Cherry Bekaert has completed the acquisition of MCM CPAs & Advisors LLP, a regional accounting and advisory firm headquartered in Louisville, Kentucky. The deal expands Cherry Bekaert's footprint into Kentucky, Ohio and Indiana and adds approximately 370 employees and $72 million in annual revenue to the firm.
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Parthenon Capital Makes Strategic Growth Investment in Cherry Bekaert
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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.
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