Cherry Bekaert Strengthens Market Position with Calvetti Ferguson Acquisition

In a strategic move to bolster its market presence, Cherry Bekaert, a prominent national professional services firm, has officially announced the acquisition of Calvetti Ferguson, P.C. This Houston-based accounting and advisory firm operates additional offices in Dallas/Fort Worth, San Antonio, and Nashville, Tennessee. This acquisition is expected to significantly enhance Cherry Bekaert's operations in Texas and reinforce its growing influence in Nashville, marking an important step in its strategic expansion across these key regions.

Founded in 2003, Calvetti Ferguson specializes in serving middle-market clients in diverse sectors, including real estate and construction, energy and oil & gas, and financial services. The firm also has a strong presence in private equity, venture capital, and manufacturing, making it a valuable addition to Cherry Bekaert’s extensive service portfolio.

Michelle Thompson, the CEO of Cherry Bekaert Advisory LLC, emphasized the importance of this acquisition, remarking, "This acquisition is a significant step forward in our strategy to serve the middle-market as trusted advisors known for digitally driven, industry-aligned solutions. Texas is central to our growth story, and Calvetti Ferguson brings the talent, industry depth, and cultural alignment to accelerate our momentum."

The integration of Calvetti Ferguson is anticipated to enhance Cherry Bekaert’s capabilities, allowing the firm to provide more comprehensive, digitally-driven solutions tailored to the needs of its clients. As part of the acquisition agreement, Cherry Bekaert Advisory LLC will acquire Calvetti Ferguson's non-attest assets, while Cherry Bekaert LLP will take over the attest assets. This strategic division of assets will help streamline operations and align services under the Cherry Bekaert brand.

Jason Ferguson, Managing Partner at Calvetti Ferguson, expressed his enthusiasm about the merger, stating, "Joining Cherry Bekaert significantly expands the capabilities and resources we can offer our clients and communities. Our firms share a strong cultural alignment rooted in a people-first mindset and a commitment to quality. Together, we are well-positioned to deliver greater value across the industries and markets we serve."

The merger not only broadens the geographic reach of Cherry Bekaert across the Southwest and Mid-South but also enhances its scale in critical sectors such as real estate, energy, private equity, and financial services. This aligns perfectly with the increasing demand for robust, industry-aligned advisory services in these growing markets.

With this acquisition, Cherry Bekaert is reinforcing its commitment to being a leading force in the accounting and advisory realm. By combining resources and expertise, both firms aim to elevate client experiences and increase overall market competitiveness. The move is further strengthened by Cherry Bekaert's reputation as one of the largest assurance, tax, and advisory firms in the United States, which already serves a diverse clientele across various industries both domestically and internationally.

As they embark on this new chapter, Cherry Bekaert and Calvetti Ferguson are poised to redefine growth in their respective markets while continuing to uphold their commitment to service excellence, innovation, and client satisfaction. For more information on the services offered by Cherry Bekaert and the newly integrated resources from Calvetti Ferguson, visit cbh.com.

Cherry Bekaert remains committed to leading with integrity and providing high-quality professional services. Through this acquisition, the firm is not only expanding its operational footprint but also reinforcing its dedication to modern solutions and client-focused approaches in an ever-evolving business landscape.