Aprio Expands in Tri-State Area with Acquisition of DeFalco & Co, CPA

Aprio Expands Its Market Presence in the Tri-State Area



Introduction
In a strategic move to enhance its market presence in the Tri-State area, Aprio, the 24th largest accounting and business advisory firm in the United States, has announced its acquisition of DeFalco & Co, CPA. This acquisition, effective as of August 1, 2025, is poised to significantly bolster Aprio's operational capabilities in the greater New York Metro region.

Strategic Rationale Behind the Acquisition
Aprio has long maintained a focus on catering to dynamic middle-market businesses, entrepreneurs, and high-net-worth individuals within the area. The inclusion of DeFalco & Co expands Aprio's reach to three offices in New Jersey and more than 150 professionals, augmenting its existing teams in nearby New York and New Jersey. This strategic acquisition aligns perfectly with Aprio's mission to enhance the advisory, tax, accounting, and audit solutions offered to clients in this bustling market.

Founded in 1971 by Louis DeFalco, DeFalco & Co has cultivated a reputation built around delivering a comprehensive suite of services. These offerings encompass tax planning and preparation, business accounting, estate and trust consulting, as well as litigation support. Moreover, their approach hinges on teamwork and automation, which enables them to provide forward-thinking solutions tailored to their clients' financial aspirations.

Words from Leadership
Richard Kopelman, CEO of Aprio, emphasized, "This combination significantly expands our ability to serve clients across the Northeast with a broader range of tax, audit, and advisory services. By integrating DeFalco & Co into Aprio, we are enhancing our capabilities while deepening our regional presence. Together, we're building on our momentum and positioning Aprio to set the standard for service and growth in the Northeast over the next three years."

Phil DeFalco, now a partner at Aprio, stated, "Aprio is a firm we have long admired for its impressive growth, forward-thinking mindset, and focus on delivering value to clients. Joining forces enables us to provide even greater resources and capabilities to our clients, while continuing to offer the personalized service they expect. We are excited about the opportunities ahead and the benefits our clients will experience as part of an agile, client-centric firm."

Impact on Business Operations
With this acquisition, Aprio continues its aggressive expansion in key markets, overseeing recent growth initiatives in Boston by adding Sandler & Company, P.C., as well as businesses in Washington, D.C., Chicago, Austin, Denver, and California. Each of these moves is carefully crafted as part of Aprio's overarching growth strategy, aimed at deepening its operational capabilities in pivotal business hubs. This ultimately allows teams to remain closely connected to the evolving needs of their clients, delivering tailored guidance and support that aligns with their long-term success.

Conclusion


As a testament to its commitment to growth, Aprio is positioning itself as a formidable player in the advisory and accounting landscape, especially in the Northeast. Identities such as DeFalco & Co, CPA are making this ambition a reality through partnerships that deepen expertise, enhance services, and bolster client relations. Looking toward the future, Aprio is not only expanding its footprint but also enriching the quality of service it offers to its discerning clientele.

To learn more about Aprio and to discover more about their rapidly expanding suite of services, visit aprio.com.

Topics Financial Services & Investing)

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