Aprio Expands Expertise with Dual Acquisition

Deal News | Jun 06, 2025 | EIN

Aprio Expands Expertise with Dual Acquisition

Aprio, the accounting and advisory services firm known for its acquisition of Aronson in 2023, has broadened its reach in the government and other sectors with the recent purchase of two businesses. These acquisitions underscore Aprio's strategic focus on expanding its presence in GovCon and the commercial aerospace industry. One acquisition involves Nextfed, a company established in 2011, which enhances Aprio's capabilities in business development, proposal strategy, and post-merger integration in the GovCon space. Key executives from Nextfed, including Aaron Myers, Josh Myers, Timothy Reardon, and Brian Sweeney, are set to join Aprio as partners. G Squared Capital Partners served as the advisor for Nextfed in this transaction. Simultaneously, Aprio has acquired OConnor Consulting Services, which specializes in financial advisory and litigation support, particularly for nonprofit entities. The McLean Group advised on this acquisition. These moves highlight Aprio's commitment to bolster its service offerings across multiple verticals, leveraging expertise in complex disputes, fraud investigations, and economic damage assessments.

Sectors

  • Accounting and Advisory Services
  • Government Contracting (GovCon)
  • Financial Advisory

Geography

  • United States – The primary geography for Aprio, Nextfed, and OConnor Consulting Services, as indicated by their focus on government and nonprofit sectors.

Industry

  • Accounting and Advisory Services – The primary industry of Aprio, which focuses on accounting, financial advisory, and related consultancy services.
  • Government Contracting (GovCon) – A significant industry focus for Aprio through its acquisition of Nextfed, which enhances its service offerings to government and defense sectors.
  • Financial Advisory – Relevant to OConnor Consulting Services' expertise in complex disputes and litigation support services.

Financials

    Participants

    NameRoleTypeDescription
    AprioAcquirerCompanyAn accounting and advisory firm expanding its services through acquisitions.
    AronsonPreviously AcquiredCompanyAcquired by Aprio in 2023 to expand its team and capabilities.
    NextfedTarget CompanyCompanyA firm providing strategy consulting services in GovCon and aerospace sectors.
    OConnor Consulting ServicesTarget CompanyCompanySpecializes in financial advisory and litigation support, primarily for nonprofits.
    G Squared Capital PartnersFinancial AdvisorCompanyAdvised Nextfed during its acquisition by Aprio.
    The McLean GroupFinancial AdvisorCompanyAdvised OConnor Consulting Services on the transaction.