June 2025 Recap: Accounting Industry Firm Updates in 10 Mins

The accounting industry stayed on the gas in June 2025, with AI-powered launches, strategic mergers, and key leadership transitions making waves across the U.S., U.K., and beyond. From Big Four firms pushing agentic platforms to mid-market players forming powerhouse combinations, this month proved that innovation and growth aren’t slowing down. Whether you’re charting a talent strategy, evaluating tech investments, or scanning for your next M&A opportunity, the updates below offer a pulse on where the profession is headed next. Whether you're leading a team or just curious about who’s making bold moves, this recap brings the action to your inbox in 10 minutes or less. 

M&A Updates 

Burgess Hodgson Partners with Abry Partners to Drive Strategic Growth and Expansion

UK-based Burgess Hodgson has partnered with Abry Partners in a bold move to scale its SME advisory services and pursue targeted M&A. Backed by private equity and led by a retained partner group, BH aims to evolve into a super-regional platform. With new leadership joining the board and digital investment on the horizon, how will this reshape the UK mid-market advisory landscape? 

Plante Moran Strengthens East Coast Footprint with Tonneson + Co Merger 

Plante Moran is merging with Boston-based Tonneson + Co, extending its East Coast reach and gaining over 100 professionals with a 50-year track record. Leadership from both firms cited cultural alignment and a shared commitment to client service. As the July 1 integration approaches, the merger signals more than just growth, but how will it shape Plante Moran’s national and global service model... 

Baker Tilly to Acquire KraftCPAs, Strengthening Foothold in the Southeast

Baker Tilly is acquiring Nashville-based KraftCPAs to solidify its presence in the Southeast, pairing national scale with local expertise. With $35.7M in FY23 revenue, KraftCPAs brings deep regional ties and strong service capabilities across Tennessee. Leadership from both firms emphasized long-term growth and cultural alignment, but how will this merger reshape Baker Tilly’s strategy in a high-growth region? 

GHJ Deepens Entertainment Industry Expertise with Hacker Douglas Merger

GHJ has merged with Hacker Douglas, a top-tier entertainment accounting firm known for servicing major TV and film productions. The deal enhances GHJ’s Profit Participation Services Practice and expands its capacity to serve high-profile entertainment clients. Leaders highlighted shared values and strategic fit, but what does this mean for GHJ’s future role in Hollywood’s evolving financial ecosystem... 

DMJPS and Potter & Company Unite to Expand Services Across North Carolina

DMJPS PLLC and Potter & Company are joining forces to create a 10-office firm serving clients statewide in North Carolina. The merger enhances capabilities across valuation, healthcare consulting, and client accounting, backed by shared values and local roots. As the newly combined firm looks to grow purposefully, what opportunities does this unlock for regional businesses and communities.... 

People Update

Grant Thornton Appoints Rick Surett as Chief Financial Officer

Grant Thornton has named Rick Surett as its new CFO, succeeding Muhammad Bhayat after two decades of service. Surett brings deep experience in capital markets and private equity-backed firms, aligning with Grant Thornton’s global expansion plans. His appointment signals both continuity and fresh perspective, but how will his leadership shape the firm’s financial strategy going forward.... 

Elliott Davis Secures Strategic Growth Investment from Flexpoint Ford and Names New CEO

Elliott Davis is entering a new growth phase with a strategic investment from Flexpoint Ford and the appointment of John Otten as CEO. With Rick Davis stepping into an advisory role, the firm is doubling down on innovation, talent development, and geographic expansion. But what impact will this private equity partnership and leadership shift have on the firm’s long-term evolution? 

KPMG Names New Management Committee, Effective July 1

KPMG has unveiled its incoming management committee, led by CEO-elect Tim Walsh and deputy chair Atif Zaim. The leadership change signals a renewed focus on AI, global regulation, and client-centered innovation. With appointments across all major service lines, the firm aims to take a bold, focused approach to transformation. But how will this team navigate the next phase of disruption and growth for KPMG.... 

EisnerAmper Appoints Kayla Konovitch and Kyle Mason to Lead Private Equity and Legal Sectors

EisnerAmper has tapped Kayla Konovitch and Kyle Mason to head its private equity and legal industry groups, respectively. The move reflects a strategic push toward deeper sector specialization and targeted growth. Both leaders bring years of experience and client-centric focus, but how will their leadership shape the firm’s service offerings in these competitive industries? 

Chelsea O’Shields Promoted to Partner at HHM CPAs

HHM CPAs has promoted Chelsea O’Shields to partner, marking a milestone in the firm’s internal talent pipeline. O’Shields rose from intern to partner over more than a decade, building expertise across tax strategy, M&A structuring, and client advisory. Her promotion highlights HHM’s focus on values-driven leadership and long-term client success, but what does her journey say about the firm’s future direction.. 

Service Update 

Deloitte Launches Global Agentic Network to Scale AI-Driven Digital Workforce

Deloitte’s Global Agentic Network marks a bold step toward AI-fueled operations worldwide. This ecosystem of intelligent business agents can independently execute tasks, optimize workflows, and enable operational autonomy across audit, tax, and consulting. With delivery centers worldwide and plans for rapid deployment, the initiative supports Deloitte’s 2030 vision for enterprise AI. But how will this reshape digital workforce models, and what challenges might lie ahead.... 

Deloitte Launches AI-Powered Workforce Tools for Enterprise Transformation

Deloitte’s new Human Capital AI suite is designed to bring agentic intelligence to workforce strategy. With Workforce Analyzer and Planner+, the firm helps HR leaders shift from reactive to proactive talent planning. By embedding real-time labor data and automation tools, these solutions promise smarter decision-making across people and processes. Backed by Deloitte’s HR AI maturity model, the rollout hints at broader enterprise transformation, but what does it mean for long-term workforce design? 

KPMG Debuts “Workbench,” a Scalable Multi-Agent AI Platform for Trusted Global Deployment

KPMG has launched Workbench, a groundbreaking multi-agent AI platform that anchors its global AI strategy. Featuring 50 trusted AI agents (with 1,000 more in the works), Workbench integrates seamlessly with Clara, Velocity, and Digital Gateway, while offering flexible deployment across partner platforms like Oracle and Salesforce. It’s the first in the industry to carry ISO-certified “Trusted AI” standards. But how does it actually reshape KPMG’s client delivery model and internal innovation... 

Cherry Bekaert Unveils Finance Modernization Solution for Mid-Market Growth

Cherry Bekaert is tackling outdated financial systems head-on with its Finance Modernization solution, built specifically for CFOs at mid-market firms. Grounded in operational realities, the offering delivers quick wins and long-term improvements across forecasting, process efficiency, and financial infrastructure. Rather than pushing tech-first tools, the approach emphasizes people-first strategy and custom scalability. But can this finance-led transformation model serve as a blueprint for sustainable growth? 

RSM Launches myRSM Tax to Advance AI Strategy and Middle Market Innovation

RSM’s new myRSM Tax platform delivers on its $1B tech investment promise, integrating AI directly into tax workflows. The system automates manual processes, supports multi-entity operations, and helps clients navigate rising compliance demands with smart, structured data tools. Leaders call it a transformational shift for middle-market tax services. But what makes myRSM Tax different, and how will it shape client service across the broader tax landscape? 

The Big Picture and What’s Ahead

June 2025 was packed with bold moves from agent-led platforms and CFO transitions to firm combinations designed for long-term scale. Service launches revealed a sharp turn toward automation, AI, and modernization. The M&A playbook expanded across North Carolina, Nashville, Boston, and London. And firm leadership? It’s evolving to meet the moment, sector-focused, digitally savvy, and globally minded. What’s next as we move deeper into Q3? More disruption, more partnerships, and more client-first transformation. Click through the full updates above and stay locked in for July. One recap, all the moves that matter only from MYCPE ONE Insights.