Baker Tilly and Moss Adams Join Forces in Strategic Merger
Deal News | Apr 21, 2025 | Hellman & Friedman LLC
In a major development in the advisory and accounting industry, Baker Tilly and Moss Adams have announced their strategic merger, which is set to significantly enhance their service offerings through expanded industry specialization and geographic reach. This merger, backed by private equity firm Hellman & Friedman, positions the newly combined entity to become a formidable force in the middle-market accounting and advisory space. With headquarters in both Chicago and Seattle, the merger aims to drive long-term growth and innovation within the sector, utilizing Hellman & Friedman's substantial investment to propel the business forward.
Sectors
- Advisory Services
- Accounting Services
- Private Equity
Geography
- United States – The merger encompasses entities based in Chicago and Seattle, marking a significant development in the U.S. advisory and accounting industry.
Industry
- Advisory Services – The merger involves the creation of a leading firm in the advisory industry, enhancing service offerings in this sector.
- Accounting Services – The newly combined firm aims to redefine accounting services with an expanded geographical reach and industry expertise.
- Private Equity – Hellman & Friedman's involvement highlights the role of private equity in facilitating this significant industry merger.
Financials
- Not specified – The article mentions private equity investment but does not specify the deal price or financial terms.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Baker Tilly | Target Company | Company | An advisory and accounting firm involved in the merger to enhance capabilities. |
| Moss Adams | Target Company | Company | Another key player in the merger, specializing in advisory and accounting services. |
| Hellman & Friedman LLC | Private Equity Firm | Company | The private equity firm backing the merger, providing financial investment for future growth. |