Aprio Expands Its Presence in Washington, D.C. with Nextfed Acquisition, Strengthening Growth in Aerospace and Government Services

Aprio Welcomes Nextfed: A Strategic Acquisition for Growth



Aprio, the 24th largest business advisory and accounting firm in the United States, made waves recently with its announcement of acquiring Nextfed, Inc. This strategic move is set to expand Aprio's footprint in the Washington, D.C. area and significantly accelerate its growth, particularly in the ever-expanding sectors of government services and commercial aerospace.

Founded in 2011 by former national security officials, Nextfed has established itself as a prominent consulting firm specializing in strategy and mergers and acquisitions (M&A) advisory. With a headquarters in Arlington, Virginia, the company is led by experienced industry professionals, including Aaron Myers and Timothy Reardon, who bring a wealth of expertise in defense and government services. The firm’s reputation is built on delivering high-impact strategic guidance to clients navigating complex mission environments, both publicly and privately.

Nextfed's diverse expertise encompasses a variety of essential services, including strategic planning, business development, M&A advisory, proposal strategy, and corporate transformation, specifically post-merger integration. The company prides itself on a client-centric approach supported by a network of approximately 200 senior advisors who often have substantial government backgrounds, providing a unique perspective and experience.

Richard Kopelman, CEO of Aprio, emphasized the importance of this acquisition, stating, "Nextfed's team combines unmatched government insight with aerospace and commercial acumen, enhancing our ability to deliver integrated, future-oriented solutions to our clients in the defense and aerospace sectors."

The acquisition is not merely a financial transaction but also marks a strategic geographic expansion for Aprio. With Nextfed's Arlington office now part of the Aprio family, the firm strengthens its presence in the D.C. metropolitan area while continuing operations at its existing Rockville office in Maryland.

Aaron Myers, managing partner at Nextfed, noted that joining forces with Aprio allows them to amplify their impact while maintaining the personalized advisory services that their clients appreciate. He shared, "Together, we're situated to provide increased value to clients navigating periods of growth and rapid transformation."

Additionally, Timothy Reardon echoed the sentiment, highlighting that the combined expertise of their team—comprising professionals with deep backgrounds across the Department of Defense, the Intelligence Community, and the federal civilian sector—will allow them to excel within Aprio’s collaborative culture. "We are excited about the synergies this opportunity provides. It’s a chance to deliver unparalleled value to our clients, underpinned by the same commitment to integrity and performance that have always defined our work," he stated.

As part of this merger, the leadership team from Nextfed—including Aaron Myers, Josh Myers, Timothy Reardon, and Brian Sweeney—will join Aprio as partners within its Aerospace Defense and Government Advisory practice. The integration of Aprio’s broad tax, assurance, managed services, and advisory offerings with Nextfed's specialized competencies sets a solid foundation for servicing varied clients across sectors like government services, aerospace, healthcare, energy, and beyond.

With this acquisition, Aprio reinforces its commitment to meeting the needs of clients facing complex challenges in navigating a transformative landscape. This development not only affirms Aprio's growth trajectory but also signifies a potent combination of resources and talents geared towards delivering impactful solutions across critical industries.

For further details on Aprio and its enhanced advisory capabilities, visit Aprio's website.

Topics Business Technology)

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