Raleigh, N.C.-based IPA 100 firm Cherry Bekaert (FY24 net revenue of $658 million) has announced the acquisition of Bedford, Mass.-based firm Jameson & Company CPAs, a preeminent firm specializing in providing outsourced accounting solutions to small federal government contractors and grantees. This strategic acquisition expands Cherry Bekaert's government contractor consulting services practice by leveraging Jameson's extensive experience in government contracts and grants compliance consulting.
The integration of Jameson's specialized capabilities in government contracts and grant funding aligns seamlessly with Cherry Bekaert's commitment to providing comprehensive and tailored solutions to its clients. The addition of Jameson also strengthens Cherry Bekaert's capabilities in outsourced accounting solutions to federal government contractors and grantees of all sizes.
Michelle Thompson, CEO of Cherry Bekaert Advisory LLC, stated, "Jameson's deep commitment to client service aligns perfectly with our firm's values and strategic objectives. Together, we are well-positioned to provide unparalleled support to our clients navigating the complexities of federal contracts and grants. We value the relationships Jameson has built and are excited to now offer expanded solutions to clients."
Ed Jameson, MP of Jameson & Company CPAs, commented, "We are thrilled to join forces with Cherry Bekaert. Our shared commitment to excellence and client service makes this a natural fit. We will be able to offer our clients a small firm feel, backed by the benefits and resources of a large firm."
Allan D. Koltin, CEO of Koltin Consulting Group and an advisor on the acquisition, stated: "It is great to see Jameson & Company join Cherry Bekaert. This acquisition aligns two firms with shared values and a commitment to client service, enhancing their ability to deliver exceptional value for both government contracting and grants management sectors."