1102 Broadway, Suite 400. Tacoma, WA 98402

https://usxa.com/

About the Client

USXA (Formerly WSRP) is a well-established U.S.-based accounting firm with a strong regional presence, specializing in tax, audit, CAAS, and valuation services. Prior to 2023, the firm operated with 130–140 employees and generated approximately $20 million in annual revenue. Despite solid performance, the leadership recognized the need to scale rapidly in a highly competitive and evolving industry.

In 2023, WSRP became one of the first accounting firms to raise private equity backing, partnering with private equity to accelerate its strategic growth journey.

Challenges

While WSRP had a strong foundation, it faced challenges typical of mid-sized firms aiming to scale:

  • Limited operational leverage to expand margin and service capacity.
  • Need for strategic capital and guidance for M&A execution.
  • Difficulty in scaling talent without compromising on quality or speed.
  • Limited global delivery model to remain cost-effective and competitive

The leadership knew that staying competitive required a combination of smart capital deployment, faster hiring, and a reliable delivery engine to support larger volumes of work.

Solution

Double Down on Acquisitions

Focus aggressively on growth through strategic acquisitions. 

Scale Offshoring Operations:

Expand offshore teams significantly to support operational scalability. 

Target 40% Offshore Work Allocation:

Set a clear goal of shifting at least 40% of total workload to offshore teams.

Drive Profitable Growth:

Emphasize sustainable and margin-accretive growth in all initiatives.

EBITDA Targets as a Key Metric:

Use EBITDA benchmarks to guide performance evaluation and business decisions.

Offshoring with MYCPE ONE

Phased Roadmap

Designing a phased hiring roadmap by service line.

Model Shift

Transitioned from Traditional Hourly Model to Managed Offshoring Service under full WSRP control.

System Alignment

Aligning processes, systems, and communication channels. 

Leadership Exchange

Onshore-offshore leadership coordination for culture and operations. 

Scaling to 100+

Planned to scale offshore team to 100+ by 2026.

Hire Seniors First

Focused on experienced hires in core services.

Sector-Specific Talent

Recruited for Real Estate, Healthcare, and other high-growth sectors.

Integrated Delivery

Aligned systems, tools, and leadership for smooth operations.

Incentive Alignment

Linked onshore and offshore teams with shared goals.

Key Results Achieved

  • Q1 2024: Offshore team size at 15; planning and groundwork initiated
  • Mid-2024: Headcount scaled to 35; senior hires placed across major service lines
  • 2026 Target: Offshore team of 100-120 staff handling 30-50% of total workload
  • $100M+ revenue achieved by Mid of 2025 (up from $20M pre-investment) 
  • 2.5x revenue growth in under 2 years
  • 4 acquisitions completed in 12 months
  • 30% of total firm workload planned to be delivered by offshore team by 2026

Benefits

Faster Revenue Growth

4 acquisitions completed in 12 months, with offshore delivery capacity enabling immediate scale-up and client onboarding.

Team Expansion Without Capex

Offshore team scaled from 15 to 35+ in 2024 alone, with a clear target of 100–120 by 2026 — all without any capital expenditure.

Workload Offloaded Efficiently

30–50% of total firm workload planned to be delivered offshore by 2026, freeing up onshore bandwidth for high-value tasks.

Access to Experienced Talent

Senior-level offshore hires across tax, audit, CAAS, and valuation, ensuring minimal ramp-up time and strong delivery ownership.

Strategic Incentives Alignment

ESOPs, valuation-linked bonuses, and shared performance metrics created full buy-in from both onshore and offshore leadership.

Client Service Strengthened

Offshore leaders directly interacted with clients, managed deliverables, and helped maintain service quality during rapid scaling.

Metrics

$50M+

Revenue achieved by end of 2024 (up from $20M pre-investment)

2.5x

Revenue growth in under 2 years

4

Acquisitions completed in 12 months

15 → 35

Offshore team members scaled in 2024 alone

100-120

Offshore team members targeted by end of 2026

30–50%

of total firm workload planned to be delivered offshore by 2026

Offshoring Became a Key lever

Once we got funding from the private equity, offshoring became a key lever for us. We had to scale fast, but we didn’t have time to build everything from scratch. With MYCPE ONE, the team was in place, the structure was solid, and we could move quick. We went from 15 to 50+ offshore staff without spending months figuring out ops, HR, or compliance

Scott Rins

Managing Partner,
USXA (formerly WSRP),
Salt Lake City, UT

Some Glimpses

Interested in learning how we can support your firm?

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