Cherry Bekaert, a Raleigh, NC-based assurance, tax, and advisory firm, acquired Kerr Consulting, a business applications and cloud technology provider servicing clients across the United States.
The amount of the deal was not disclosed.
The acquisition will position Cherry Bekaert as a player among Sage providers in the United States and further bolster the technology component and industry expansion efforts of its national outsourced accounting practice.
Led by Dave Kerr, CEO, Kerr Consulting has a nationwide presence and brings in approximately $20M in total annual revenue. For almost 40 years, the firm has been delivering critical ERP, accounting software, managed services and custom software solutions to small and mid-sized clients. The company is a North American Sage partner and represents the entire suite of Sage products, with an emphasis on industry verticals such as construction, manufacturing, distribution, healthcare and family offices.
Led by CEO Michelle Thompson, Cherry Bekaert serves clients across industries in the U.S. and internationally. “Cherry Bekaert” is the brand name under which Cherry Bekaert LLP and Cherry Bekaert Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. Cherry Bekaert Advisory LLC is not a licensed CPA firm. Cherry Bekaert LLP is a licensed CPA firm that provides attest services, and Cherry Bekaert Advisory LLC and its subsidiary entities provide business advisory and non-attest services spanning the areas of transaction advisory, risk and accounting advisory, digital solutions, cybersecurity, and tax.
FinSMEs
07/08/2024