Raleigh, N.C.-based IPA 100 firm Cherry Bekaert (FY23 net revenue of $572 million) has announced the acquisition of CPA firm Katz Nannis + Solomon of Waltham, Mass. This strategic acquisition enhances Cherry Bekaert’s strategy and innovation advisory business and introduces comprehensive audit and tax services to the Boston area, reinforcing the firm’s commitment to expanding its footprint in the Northeast.
“Acquiring such a highly regarded firm provides Cherry Bekaert with the foundation needed to grow our business in the Northeast,” said CEO of Cherry Bekaert Advisory Michelle Thompson. “Katz Nannis + Solomon’s commitment to client service aligns with our values and growth objectives. We look forward to providing enhanced digitally driven, industry-aligned solutions to our shared clients.”
Jeffrey Solomon, MP of Katz Nannis + Solomon, added, “Joining forces with Cherry Bekaert is an exciting opportunity for our team and clients. We share a common vision of providing exceptional service and innovative solutions. Together, we will continue to support our clients’ success in an ever-changing business landscape.”
The unified team will operate under the Cherry Bekaert brand.