Former rivals Baker Tilly and Moss Adams just merged as private equity reshapes accounting. Their CEOs explain why they did the deal.

From Yahoo Finance: 2025-06-07 14:09:00

Baker Tilly and Moss Adams have merged to become the 6th largest advisory CPA firm in the US, with combined annual revenue over $3 billion. Private equity influences the mid-market landscape, with 11,500 employees now part of one firm under the Baker Tilly name. The move highlights private equity’s impact on the industry, reshaping traditional accounting firms. The merger strategically positions the firms to navigate mid-market challenges, offering clients expanded service capabilities and geographic reach. Future revenue projections aim for a $6 billion organization in five years, doubling current revenues. Former Moss Adams CEO, Eric Miles, to take over as Baker Tilly CEO, emphasizing the need for scale and breadth of services in response to changing client demands. Strategic partnership aims to lead market competition by staying ahead of industry forces and ensuring long-term strategic objectives are met.



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