Aprio's Strategic Acquisition of Mangold Anker Phillips Boosts Texas Presence

Aprio's Growth in Texas through the Acquisition of MAP



In an exciting development for the business advisory and accounting sector, Aprio, which ranks as the 25th largest firm in the U.S., has announced its acquisition of Mangold Anker Phillips, PLLC (MAP), a well-established tax and accounting firm located in Austin, Texas. This move is designed to not only bolster Aprio's existing presence in Austin but also introduce new capabilities that will allow the firm to deliver enhanced value to its clients in the region.

Founded in 2020 through the merger of two reputable firms, MAP has carved out a niche in industries such as real estate, construction, manufacturing, professional services, restaurants, and automobile dealerships. The firm boasts a talented team of 14 partners and professionals who provide a wide array of services, including tax consulting, business valuations, litigation support, outsourced CFO services, financial statement attestations, and payroll services.

The acquisition has been characterized as a strategic step forward in Aprio's long-standing mission to provide future-focused solutions to clients nationwide. "Austin is a vibrant market, and we believe Mangold Anker Phillips brings invaluable experience, innovative talent, and a shared commitment to outstanding client service. This partnership enhances our capability to assist clients in navigating the complexities of an interconnected business environment," stated Richard Kopelman, CEO of Aprio.

This acquisition not only expands Aprio's footprint in Texas but also strengthens its operational capabilities. With its existing offices in Austin and nearby San Antonio, Aprio is now better positioned to serve a broader client base while continuing its rapid growth in crucial industries. The MAP team will integrate into Aprio's office located in the Balcones Office Park, marking a significant step in their collaborative journey.

Thomas Mangold, the managing partner of MAP, expressed enthusiasm about this new chapter. "Since our firm's inception, we have been dedicated to providing tailored solutions and exceptional service to our clients. Joining Aprio presents us with opportunities to elevate this commitment, offering clients access to advanced technologies, a broader range of resources, and an even larger team of skilled professionals. I am thrilled about the potentials this partnership will unlock for both our clients and our team," said Mangold.

MAP's core competencies lie in its tax and advisory services which have gained trust and recognition across various sectors. This acquisition marks Aprio's intention to further enhance service quality while allowing clients to reach their goals through personalized solutions and unparalleled support.

Aprio has established itself as a prominent name in business advisory and accounting services since its establishment in 1952. Currently operating in over 50 countries, the company aims to guide clients through their next steps, whether they be individuals, startups, or established firms. Their extensive service offerings include advisory, tax, and managed client services, all designed to build value, drive growth, manage risk, and protect wealth. Aprio aims to provide its clients with comprehensive solutions tailored to their specific needs, across diverse sectors such as manufacturing, education, and technology.

As this announcement unfolds, the industry watches closely to see how this strategic acquisition and collaboration will shape the future of accounting and advisory services in Texas and beyond. With a strong commitment to innovation and growth, Aprio is paving the way for an exciting new chapter in its journey, reinforcing its position as a leader among business advisors in the U.S.

For more information about Aprio and its latest developments, visit their official website or follow their social media channels for updates on their services and growth.

Topics Financial Services & Investing)

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