Chicago-based accounting firm Baker Tilly is reportedly acquiring Seattle-based Moss Adams in a $2 billion deal, making it the sixth-largest firm in the United States with over $3 billion in annual revenue. This merger, powered by private equity backing, is a strategic move aimed at dominating the underserved middle-market segment, demonstrating the ongoing industry trend towards consolidation and technological transformation, exemplified by EY's adoption of AI in auditing services.
You know something’s cooking when accounting firms start acting like Wall Street sharks. Baker Tilly, the Chicago-based heavyweight in the advisory and assurance ring, is reportedly making a $2 billion deal to acquire Seattle-based Moss Adams. If in...
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