Monthly Update - January 2025

In January 2025, several significant developments occurred among top accounting firms. Here are some of the most engaging articles from that month:

1.    Armanino Announces New Partner Class for 2025

o    San Ramon, Calif.-based firm Armanino (FY23 net revenue of $640.4 million) welcomed 22 new partners to its 2025 class. This diverse group, with over one-third being women leaders, aims to drive innovation and deliver impactful solutions across various industries. Read More

2.    Grassi Strengthens Presence in Massachusetts with Integration of Anstiss & Co.

o    New York-based firm Grassi (FY23 net revenue of $132.6 million) announced the strategic combination with Chelmsford, Mass.-based firm Anstiss & Co. PC, further enhancing its regional presence and client service capabilities. Read More

3.    CRI Announces Acquisition of CapinCrouse LLP

o    Enterprise, Ala.-based firm Carr Riggs & Ingram (CRI) announced the acquisition of CapinCrouse LLP, a national CPA firm specializing in serving nonprofit organizations. This strategic move aims to expand CRI's service offerings and client base in the nonprofit sector. Read More

4.    Centri’s Charles Higgins Promoted to Partner

o    Philadelphia-based firm Centri Business Consulting (FY23 net revenue of $47.2 million) promoted Charles "Charlie" Higgins to partner, effective January 2025. Higgins brings over 30 years of experience and has been instrumental in growing the firm's valuation practice. Read More

5.    PKF O’Connor Davies Announces 2025 Partner Promotions

o    Harrison, N.Y.-based firm PKF O’Connor Davies (FY23 net revenue of $377.5 million) promoted six employees to leadership positions within the organization. These individuals bring extensive experience in tax compliance, planning, and audit services, contributing to the firm's growth and client service excellence. Read More

6.    Meaden & Moore Names Jim Rollins as Next CEO and Managing Partner

o    Cleveland-based firm Meaden & Moore (FY23 net revenue of $51.4 million) announced the election of Jim Rollins as its next CEO and managing partner, effective January 2025. Rollins, who has been with the firm for over 20 years, aims to continue the firm's growth and commitment to client service. Read More

7.    Jonathon Coffey Promoted to Partner at DBC

o    Grand Haven, Mich.-based firm De Boer Baumann & Company PLC announced the admission of Jonathon Coffey to partner, effective January 1, 2025. Coffey has been with the firm since 2015, specializing in audit and assurance services for various industries. Read More

8.    Mark Silvaggio Joins GBQ Tax Team as Director

o    Columbus, Ohio-based GBQ Partners LLC announced that Mark Silvaggio has joined its tax team as a director. Silvaggio brings 15 years of experience with PwC in corporate and partnership taxation, focusing on U.S. federal taxation and tax compliance. Read More

9.    RSM Announces 2025 Class of Partners and Principals

o    Chicago-based firm RSM US LLP (FY23 net revenue of $3.1 billion) announced its 2025 class of partners and principals, highlighting the firm's commitment to leadership development and client service excellence. Read More

10.    Farkouh Furman & Faccio Appoints Meg Beditz as COO

o    New York-based firm Farkouh Furman & Faccio (FY23 net revenue of $13.3 million) announced that Meg Beditz has been named as Chief Operating Officer. Beditz brings extensive experience in firm management and operations, aiming to enhance the firm's efficiency and client service. Read More

11.     Baker Newman Noyes Announces Six New Principals Across Practices

o    Portland, Maine-based firm Baker Newman Noyes (FY23 net revenue of $45 million) announced the promotion of six professionals to principal positions across various practices, including audit, tax, and advisory services. This move reflects the firm's commitment to developing leadership and enhancing service delivery. Read More

12.    HoganTaylor LLP Announces New Nonprofit Lead

o    Tulsa, Oklahoma-based firm HoganTaylor LLP (FY23 net revenue of $50 million) appointed a new leader for their nonprofit practice. The new lead brings extensive experience in nonprofit accounting and consulting, aiming to strengthen the firm's services to nonprofit organizations. Read More

13.     Weaver Opens Four New Offices in India

o    Houston-based firm Weaver (FY23 net revenue of $150 million) expanded its global footprint by opening four new offices in India. This strategic move aims to enhance the firm's service capabilities and provide support to clients with international operations. Read More

These articles provide valuable insights into the dynamic changes and growth within top accounting firms in January 2025.