Top 50 accounting firm Frazier & Deeter has expanded its presence in Charlotte, NC, by acquiring accounting firm Pesta Finnie & Associates.
Financial terms of the deal weren’t disclosed. Following the anticipated transaction close, Atlanta-based Frazier & Deeter said it will fully integrate Pesta Finnie into its operational and support infrastructure, providing immediate access to firmwide resources, such as technology, talent development, finance, marketing, and business development.
“For many years, Pesta Finnie has been a trusted name in Charlotte for real estate and tax advisory services,” Seth McDaniel, managing partner and CEO of Frazier & Deeter, said in a statement. “Their reputation for excellence and client commitment mirrors our firm’s core values. We are excited about this partnership and look forward to investing in Charlotte as part of our long-term growth.”
Founded in 1991, Pesta Finnie is a tax and accounting firm with deep expertise in the real estate industry. The firm delivers tailored strategies to middle-market companies, family offices, entrepreneurs, and investors to minimize tax liability, improve efficiency, and drive long-term growth.
“Welcoming Pesta Finnie expands our presence in the Southeast and adds highly specialized expertise to the suite of services we offer clients,” said Jeremy Jones, chief operating officer and incoming managing partner of Frazier & Deeter. “Equally important, we’ve found a strong cultural alignment between our firms, especially in how we build client relationships and prioritize investing in our people.”
Don Pesta, retiring founder and managing partner of Pesta Finnie, said joining Frazier & Deeter creates long-term opportunities for both the firm’s clients and its professionals.
“We are excited to begin this next chapter with a firm that so clearly shares our values and our commitment to trusted, relationship-driven service,” he said.
Peter Greve, a partner at Pesta Finnie who will take over as Frazier & Deeter’s Charlotte office managing partner, added, “As Don transitions into retirement at the end of the year, I’m honored to step into this leadership role with Frazier & Deeter. This move positions our team for the future by offering new career opportunities, broader resources, and the strength of a global platform, all while continuing to deliver the same high-quality service our clients expect.”
Frazier & Deeter announced in April that it was receiving private equity backing from a group led by global investment firm General Atlantic.
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The firm’s last M&A deal was in late July when it added Anglin Reichmann Armstrong, a CPA and advisory firm with offices in Huntsville, AL, Pensacola, FL and Winter Haven, FL.
Operating under the Frazier & Deeter brand, the firm includes Frazier & Deeter LLC (a licensed CPA firm providing assurance services) and Frazier & Deeter Advisory LLC (not a licensed CPA firm), which delivers advisory and tax services.
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