15 MAY 2025 / M&A UPDATES

Eide Bailly Expands Southern California Footprint With Acquisition of Hamilton Tharp LLP

- MYCPE ONE Insights Team

Summary

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Accounting and business advisory firm Eide Bailly LLP has acquired Hamilton Tharp LLP, expanding its presence in Southern California and enhancing its services for high-net-worth individuals and families. This move aligns with Eide Bailly's growth strategy, especially in markets like California where demand for sophisticated tax and estate planning services is increasing, and solidifies its position as a leading CPA and business advisory firm.

Eide Bailly LLP has acquired Hamilton Tharp LLP of Solana Beach, California, marking a strategic expansion of the firm’s presence in Southern California. With this move, Eide Bailly establishes its first office in Solana Beach, strengthening its position in the San Diego area and enhancing its service offerings to high-net-worth individuals and families.

Hamilton Tharp, with over 45 years of experience, is recognized for its specialized expertise in tax planning, trust and estate consulting, family office services, and general accounting. The firm has built a reputation for delivering highly personalized service and maintaining long-standing relationships within the local community.

“This acquisition brings together two firms that share a deep commitment to client success,” said Jeremy Hauk, managing partner and CEO of Eide Bailly. “Hamilton Tharp’s strong client relationships, deep technical expertise, and commitment to personalized service align seamlessly with our values. We’re proud to join forces with a team that shares our passion for helping clients thrive.”

The integration reflects Eide Bailly’s continued growth strategy, particularly in key markets like California, where demand for sophisticated tax and estate planning services is on the rise. The addition of Hamilton Tharp not only expands Eide Bailly’s geographic reach but also enhances its capabilities in serving high-net-worth clients and complex family enterprises.

With FY24 net revenue of $704.9 million, Eide Bailly continues to scale strategically through acquisitions that bring complementary expertise and cultural alignment, reinforcing its position as a leading CPA and business advisory firm.

Until next time…

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