Frazier & Deeter Announces Growth Investment from General Atlantic

Frazier & Deeter (FD), an esteemed accounting and business transformation firm, has secured a strategic growth investment from General Atlantic. This investment, alongside contributions from PSP Capital Partners and Aksia, is poised to enhance FD's multi-year strategic plan, targeting a boost in client service offerings, technological innovation, and an expanded global presence through mergers and acquisitions. With over four decades of experience, FD operates across diverse industries including life sciences, real estate, and technology, offering comprehensive services from tax planning to digital transformation. The capital influx from General Atlantic underscores a commitment to accelerate FD's industry position, facilitating vital technological advancements and growth endeavors. The transaction involves a subsequent operational structure shift, marking a distinction between Frazier & Deeter, LLC for attest services, and Frazier & Deeter Advisory, LLC for business advisory and other services. William Blair played a crucial advisory role, with legal support from Vedder Price P.C., Nelson Mullins Riley & Scarborough LLP for FD, and Paul, Weiss, Dechert for General Atlantic. Although financial transaction specifics remain undisclosed, this strategic partnership signifies a substantial step forward in reinforcing FD's market leadership.