SHOCKING ACCOUNTING TAKEOVER IN THE WORKS! Baker Tilly Targets MASSIVE $2 Billion Deal!
MASSIVE MERGER ALERT! The accounting world is about to be rocked! Baker Tilly, the ambitious Chicago-based firm, is in heated negotiations to acquire rival Moss Adams for a staggering $2 billion! This explosive deal could catapult Baker Tilly straight into the spotlight, becoming the SIXTH LARGEST accounting firm in America, leaving competitors like Grant Thornton and BDO in the dust!
Just ONE YEAR after selling a majority stake to a private equity group, Baker Tilly is setting the stage to EXPLODE its market presence! The addition of Moss Adams—currently bringing in over $1 billion a year—would skyrocket their annual revenue to more than $3 billion! Only RSM would stand taller in the race for dominance among non-Big Four accounting giants!
WHOA! A "POWERHOUSE FOR THE MIDDLE MARKET" IN THE MAKING! Insiders say this merger aims to create a colossal force designed to shake up the mid-tier market, but hold your horses—this monumental deal isn’t sealed just yet!
Expect the partners at Moss Adams to cash in big with this potential sale as private equity begins to TRANSFORM the entire accounting landscape! In just FOUR YEARS, over ONE-THIRD of the top 30 firms have ditched the traditional partnership model in search of outside funding! Baker Tilly itself partnered with Hellman & Friedman in a bold agreement back in February 2024!
PE-POWERED TAKEOVER! The allure of reliable revenue from auditing and tax services has private equity fires burning hot, with ambitions to mold the BIG NAMES into “platform” titans to swallow up their smaller counterparts—squeezing every possible cent from these consolidations.
The intense wave of deal-making has put mid-tier firms under the microscope—do they link arms to become the next major platform chasing high-value acquisitions, or do they sell to the competition as valuations soar?
Baker Tilly and Moss Adams are currently sitting at 11th and 12th place among America’s accounting elite. Baker Tilly slipped out of the top 10 when CBiz scooped up Marcum for a whopping $2.3 billion—Marcums’ earnings were roughly an equal match to Moss Adams!
Not only would joining forces with Baker Tilly give Moss Adams a huge upper hand in the US, but it would also unlock access to Baker Tilly’s expansive global network across 143 territories—perfect for meeting the soaring demand for cross-border services from small and medium-sized businesses eager to expand internationally!
Moss Adams has played it cool without commenting, while Baker Tilly is pulling no punches, openly declaring their mission to grow through strategic mergers and continuously seeking out partnerships that align with their ambitious growth goals.
Stay tuned! This rollercoaster of acquisitions is just getting started! Who will come out on top in this wild world of accounting consolidation?
photo credit: www.ft.com
