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Eide Bailly Lands $1.8B PE Investment from Reverence Capital
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Subscribe24 JUN 2026 / FINANCE
US-based Eide Bailly, the 18th largest accounting firm by revenue, has agreed to sell a majority stake to private equity firm Reverence Capital Partners for about $1.8 billion. The deal signifies an evolution of the accounting sector into an investable platform, with recurring relationships, client trust and advisory services becoming key to scaling the business and attracting private capital.
Private equity walking into accounting used to feel like someone wearing sneakers to a board meeting. Interesting, maybe useful, but still a little out of place. Now? The sneakers are polished, the checkbook is open, and the mid-market accounting world is...
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