Top 10 accounting firm Baker Tilly said Monday it’s planning to acquire Hancock Askew, a Savannah, GA-based top 200 accounting and advisory firm.
Financial terms of the deal weren’t disclosed. With offices in Savannah and Augusta, GA, as well as Tampa, Jacksonville, and Orlando, FL, Hancock Askew has more than 250 employees. It finished its recent fiscal year with $48.9 million in revenue, making it the 109th largest accounting firm in the nation, according to INSIDE Public Accounting.

Michael McCarthy, managing partner of Hancock Askew, will join Baker Tilly as managing principal of Georgia and Florida.
Chicago-based Baker Tilly, which received private equity backing from investment firms Hellman & Friedman and Valeas Capital Partners nearly a year ago, said the acquisition of Hancock Askew strengthens its presence in the Southeast, enhancing its ability to provide clients with expanded resources, innovative solutions, and a seamless service experience.
“The Southeast is a vital region for businesses of all sizes,” Fred Massanova, Baker Tilly’s chief growth officer and managing principal of the Eastern U.S., said in a statement. “Hancock Askew’s longstanding commitment to client service and deep regional expertise make them an outstanding fit for Baker Tilly as we continue expanding our capabilities in this market.”
With roots that go back to 1910, Hancock Askew provides services that include tax, audit, accounting, risk assurance and advisory, SOC examinations, ISO certifications, transaction advisory, business valuations, and other business consulting services. The firm’s client roster includes emerging businesses to large corporations, nonprofit organizations to publicly traded companies, and individuals.
“This combination reflects our shared vision of delivering exceptional value and measurable results,” McCarthy said. “Joining Baker Tilly provides new opportunities for our clients and team members while preserving the commitment to quality and service that has defined Hancock Askew for decades.”
Allan Koltin, CEO of Koltin Consulting, who advised on the transaction, added, “Hancock Askew has built a stellar reputation in the Southeast. This combination strengthens Baker Tilly’s capabilities in the region and ensures continued innovation for clients.”
This is the largest deal Baker Tilly has made since acquiring top 100 accounting and advisory firm Seiler last summer.
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