Top 30 accounting firm Aprio is growing its presence in Texas after acquiring Mangold Anker Phillips (MAP), a tax, accounting, and business advisory services firm based in Austin.
Financial terms of the deal weren’t disclosed. Aprio said the MAP team will transition to its existing office in Austin. Atlanta-based Aprio also has an office in San Antonio.
Formed in 2020 through the merger of The Mangold Group CPAs and Phillips Anker PC, MAP provides services to individual tax clients, in-depth advisory services to businesses, forensic accounting, and valuation services.
“This acquisition is a step forward in Aprio’s mission to deliver future-focused solutions to clients across the country,” Aprio CEO Richard Kopelman said in a statement. “Austin is a dynamic market, and Mangold Anker Phillips brings deep experience, innovative talent, and a shared commitment to exceptional client service. Together, we are enhancing our ability to help clients navigate complexities and thrive in an increasingly interconnected business landscape.”
MAP has established a reputation for delivering tailored solutions across key industries, including real estate and construction, manufacturing, professional services, restaurants, and auto dealerships. MAP includes 14 partners and professionals who provide tax services, business valuation, litigation support, outsourced CFO and controllership, financial statement attestation, and payroll services.
“Our decision to join Aprio marks an exciting new chapter for Mangold Anker Phillips. Since the formation of our firm, we have been driven by a commitment to deliver tailored solutions and exceptional service to our clients,” said Thomas Mangold, managing partner of MAP. “Joining Aprio allows us to elevate that commitment by providing clients with access to innovative technologies, expanded resources, and a broader team of talented professionals. I am excited about the opportunities this combination creates for both our clients and our team.”
Aprio announced last July that it was receiving private equity backing from Boston-based investment firm Charlesbank Capital Partners. Since then, Aprio acquired Kirsch Kohn & Bridge, a full-service CPA and advisory firm in Woodland Hills, CA, in November; two firms in Denver, Elite Tax & Accounting and Pontiff + Associates; Bellevue, WA-based cybersecurity firm Securitybricks; two firms in the Chicago area, KRD Ltd. and Burkett & Beattie; and, most recently, Timonium, MD-based CPA firm Nardone, Pridgeon & Co.
Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
Tags: Accounting, Aprio, Mergers and Acquisitions
