Englewood, Colo.-based IPA 100 firm Richey May (FY25 net revenue of $190.1 million) has received a strategic growth investment from private equity firm Genstar Capital and Aksia.
The investment is intended to accelerate Richey May’s organic growth and M&A strategy as the firm continues expanding its national platform. Genstar and Aksia join existing investor F3 Partners and Richey May management, both of which will retain significant ownership stakes.
Following the investment, Richey May will continue operating under an alternative practice structure. Richey May & Co. LLP, a licensed independent CPA firm, provides attest services, while RM Advisory LLC and its subsidiaries provide tax and business consulting services.
Guggenheim Securities served as financial advisor to Richey May and F3 Partners, while BMO Capital Markets served as financial advisor to Genstar.
