Aprio Acquires Mize and Prism, Expanding Midwest Presence

What's Happening?

Aprio, a Top 25 accounting firm based in Atlanta, has announced its acquisition of Mize CPAs Inc., a Regional Leader in Topeka, Kansas, along with its affiliate, Prism Financial Group LLC. This strategic move is part of Aprio's plan to expand its operations into the Midwest. Mize is renowned for its accounting and advisory services, particularly for McDonald's owner/operators, while Prism offers wealth management services. The acquisition, expected to close by November 1, 2025, will add two offices in Kansas and increase Aprio's team by over 300 professionals. Aprio aims to grow its regional team to more than 450 professionals, reinforcing its commitment to leadership in the Midwest.

Why It's Important?

The acquisition of Mize and Prism by Aprio signifies a major expansion into the Midwest, enhancing Aprio's service capabilities and market reach. This move is expected to strengthen Aprio's position in the accounting and advisory sectors, particularly in serving franchisees and high-net-worth individuals. The integration of Prism into Aprio Wealth Management will increase assets under management to $5 billion, offering comprehensive financial planning and investment services. This expansion reflects Aprio's strategic growth ambitions and its commitment to delivering transformative value to clients across the region.

What's Next?

Following the acquisition, Aprio plans to scale its workforce to 1,000 professionals over the next three years, further solidifying its presence in the Midwest. The firm will continue to focus on delivering best-in-class services to franchisees and business owners, leveraging the combined expertise of Mize and Prism. Aprio's CEO, Richard Kopelman, emphasized the firm's dedication to growth and leadership, indicating potential future acquisitions and expansions. The integration process will involve aligning the cultures and visions of the firms to build a professional services firm of the future.