Cherry Bekaert Acquires Sansiveri, Kimball & Co. to Expand New England Presence
Cherry Bekaert has announced the acquisition of Rhode Island-based accounting and advisory firm Sansiveri, Kimball & Co., LLP. The deal is structured such that Cherry Bekaert Advisory LLC will acquire Sansiveri's nonattest assets, while Cherry Bekaert LLP will take over its attest assets. The move significantly strengthens Cherry Bekaert's footprint in the New England region and adds approximately 60 professionals to its team. The acquisition brings specialized expertise in several key sectors, including construction, real estate, manufacturing, nonprofit, healthcare, and professional services. This strategic expansion aligns with Cherry Bekaert's broader goal of increasing geographic reach and enhancing advisory capabilities for middle-market clients across the United States.
Topics: Accounting and Advisory Services Acquisition Expansion New England Market