CFGI Acquires BAO Consulting Group to Strengthen Dallas Market Presence
CFGI, an international accounting and business advisory firm, has acquired BAO Consulting Group (BAO), enhancing its presence in the Dallas market. The acquisition complements CFGI's existing services by adding capabilities such as CFO support, financial planning, systems implementation, and transaction-related consulting. Founded in 2021, BAO experienced rapid growth through strong client relationships and repeat business. Its integration into CFGI is expected to deepen service offerings, improve client experience, and expand the firm's footprint across Texas. Ben Amstein of BAO stated that joining CFGI allows for greater delivery capacity and resources for future growth. CFGI, backed by Carlyle Group and CVC Capital Partners, operates in over 30 global offices with more than 1,400 professionals. The acquisition is expected to enable the firm to pursue larger engagements and create new opportunities for employees.
