Aprio
Accounting and advisory firm
Year of Investment
2024
Sector(s)
Business & Consumer Services
Status
Current
Website
aprio.com(Link opens in new window)Headquarters
Atlanta, Georgia
Team
Founded in 1952, Aprio offers accounting and advisory services (including tax, audit, advisory, outsourced accounting, and wealth management) to small and medium-sized businesses and high-net-worth individuals across the United States. Aprio has achieved differentiated growth, with established track records of both strong organic growth and mergers & acquisitions. Recognized by Accounting Today as the #1 fastest-growing accounting firm in the United States in 2023, Aprio currently has offices in 17 cities, more than 2,100 employees led by 195 partners. (Figures as of closing in August 2024)
Investment Summary
Charlesbank invested in Aprio in August 2024 alongside the existing partnership and executive team, who collectively retain significant ownership. This transaction is the culmination of a multi-year, focused thematic search for an investment in the CPA industry, and leveraged our deep expertise in professional services. As Aprio’s first institutional capital investor, we believe our partnership and investments in company infrastructure will enable Aprio to accelerate M&A, attract top industry talent and further enhance its suite of client service offerings.