What's Happening?
Aprio, a prominent accounting firm based in Atlanta, has announced its expansion into the Pacific Northwest by acquiring two firms, Delap LLP and Hoffman, Stewart & Schmidt, P.C., effective January 1, 2026. This strategic move aims to bolster Aprio's capabilities in auditing, tax planning, digital forensics, and cybersecurity services. Delap, established in 1933 and based in Lake Oswego, Oregon, brings 117 professionals and 14 partners to Aprio, enhancing its public company audit platform and technology-forward services. Hoffman, Stewart & Schmidt, a Portland-based CPA firm, adds over 70 professionals and 10 partners, focusing on tax, audit, and advisory services for various industries. This acquisition follows Aprio's recent private equity
investment from Charlesbank Capital Partners and its acquisition of RSM US's Professional Services+ practice.
Why It's Important?
The acquisition of Delap and Hoffman, Stewart & Schmidt by Aprio signifies a significant expansion of its service offerings and geographical reach, particularly in the Pacific Northwest. This move aligns with a broader trend in the accounting industry towards consolidation, allowing firms to offer both scale and specialized capabilities. By integrating Delap's strong audit platform and HSS's industry-specific expertise, Aprio is well-positioned to support growing businesses facing increasing regulatory and operational complexities. This expansion not only enhances Aprio's ability to deliver high-quality services but also strengthens its competitive position in the national market.
What's Next?
With the integration of Delap and HSS, Aprio is expected to focus on leveraging the combined expertise and resources to deliver enhanced value to clients. The firm may continue to explore further acquisitions or partnerships to expand its service offerings and geographical presence. Stakeholders, including clients and employees, will likely experience a period of transition as the firms integrate their operations and cultures. Aprio's leadership will need to manage this transition effectively to ensure a seamless integration and maintain client satisfaction.
