Frazier & Deeter has landed INSIDE Public Accounting top 200 firm Gray, Gray & Gray in a deal that establishes the Atlanta-based top 50 firm’s first office location in the Northeast.
Financial terms of the deal weren’t disclosed. Following the close, Canton, MA-based Gray, Gray & Gray will be integrated into Frazier & Deeter’s operational and support infrastructure, including technology, talent development, finance, marketing, and business development, according to an Aug. 3 media release.
This is Frazier & Deeter’s second M&A deal in 2026. In May, the firm added Copeland Buhl, an accounting and advisory firm in the Minneapolis area, marking its first expansion into the Midwest.
Frazier & Deeter made three acquisitions last year after securing a private equity investment from General Atlantic in April 2025.
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Frazier & Deeter says the acquisition of Gray, Gray & Gray deepens its reach across the Greater Boston area, serving a diverse base of businesses, family enterprises, and individual clients.
“We are excited to officially welcome the Gray, Gray & Gray team to Frazier & Deeter and to expand our presence in the New England market,” Frazier & Deeter CEO Jeremy Jones said in a statement. “The Greater Boston area is a market defined by innovation and exceptional talent. Gray, Gray & Gray shares our commitment to client service and culture, making this a natural fit as we continue to grow thoughtfully and intentionally.”
According to John Hightower, chief growth officer at Frazier & Deeter, the acquisition represents another important milestone in the firm’s national growth strategy.
“Gray, Gray & Gray has built an outstanding reputation in the New England market, and we’re excited to build on that legacy together. By combining our expertise, we are well-positioned to broaden our capabilities and deliver even greater industry knowledge and the personalized service they expect.”
Founded in 1945, Gray, Gray & Gray says it was one of the first firms in the country to take an integrated approach that combines business advisory services with tax, audit, private wealth management, and investment banking.
“While we’ve always been proud to be an independent firm, joining Frazier & Deeter, a firm we have had a relationship with for over 30 years, is an exciting next chapter for our firm,” James DeLeo, managing partner at Gray, Gray & Gray, said in a statement. “This partnership allows us to preserve our client-first approach while providing access to broader resources, expanded advisory services, and new opportunities for our people. It was important to find a firm that shares our values, and we found that in Frazier & Deeter.”
Photo credit: Frazier & Deeter
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