Top 10 accounting firm Baker Tilly is set to acquire New York City-based top 50 firm Anchin, Block & Anchin and relocate its headquarters from Chicago to the Big Apple.
Financial terms of the deal weren’t disclosed. The transaction is expected to close this summer.
This is Baker Tilly’s first M&A deal in 2026. Its last acquisition was in December 2025 when it added Miami-based top 100 firm Berkowitz Pollack Brant Advisors + CPAs. Baker Tilly received a private equity investment from Hellman & Friedman and Valeas Capital Partners in February 2024.
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Baker Tilly says moving its headquarters to New York City reflects the growing importance of New York to its clients and business strategy.
“New York is one of the most important markets for our clients and for the future of our firm,” Baker Tilly CEO Eric Miles said in a statement on June 10. “Anchin strengthens our presence in a market that is central to many of the industries, entrepreneurs, and businesses we serve. Establishing New York as our headquarters reflects our long-term commitment to this market and our continued investment in the talent, expertise, and capabilities our clients need to succeed.”
Founded in 1923, Anchin is an accounting, tax, and advisory firm serving privately held businesses, investment funds, and high-net-worth individuals and families. The firm is known for its expertise across private client, real estate, financial services, consumer products, professional services, and the architecture, engineering, and construction industries. In addition to its New York metropolitan presence, Anchin serves clients through offices in South Florida, extending its reach into another important market for the combined firm.
“Over the last several years, we had many conversations with firms and investors exploring different paths forward for Anchin,” Russell Shinsky, managing partner of Anchin, said in a statement. “We were fortunate to be in a position of strength and could be selective about what would best serve our clients and our people for the long term. Baker Tilly stood out because of its commitment to the middle market, its investment in innovation and talent, and the respect it showed for the culture, leadership, and reputation we have built over the last 103 years. We believe this combination allows us to build on what has made Anchin successful while creating new opportunities for our clients and team members.”
Following the close of the transaction, Shinsky will serve as Baker Tilly’s New York managing principal, leading the firm’s continued growth in that market.
“What impressed us most about Anchin was not only the strength of its client relationships and industry expertise, but also the quality of its leadership and culture,” Fred Massanova, North America managing principal and chief operating officer of Baker Tilly, said in a statement. “Russell and the Anchin team have built an exceptional firm. They will play an important role in shaping our future in New York, and together we will create even greater opportunities for clients while preserving the relationship-driven approach that has defined both organizations.”
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