Aprio LLP, a Top 100 CPA-led business advisory firm, has acquired RRB Business Services LLC, an Atlanta-based CPA and consulting firm.
RRB provides accounting, tax planning and tax preparation, financial and estate planning, and advisory services. It has been in business for 30 years and services privately owned companies, nonprofit organizations, high net worth individuals and estates along with small, commercial, professional and industrial businesses.
Aprio, based in Atlanta, has combined with six other firms since 2007 as it focuses on a strategy of targeted expansion. Over the years, Aprio has also acquired Miller, Ray, Houser and Stewart; Tauber & Balser; JRZ LLC; Retirement Plan Services Company; Yeager & Boyd; and now RRB.
“Aprio has a long history working with and advising high net worth individuals and entrepreneurial clients and combining with RRB only makes us stronger,” said Aprio CEO and managing partner Richard Kopelman in a statement. “As we continue our expansion efforts throughout the US, we know that our emphasis on collaboration, culture and entrepreneurialism will allow us to attract the right firms, like RRB, and focus on smart growth.”
Financial terms of the deal were not disclosed. Aprio ranked 54th on Accounting Today’s 2017 list of the Top 100 Firms. The firm’s revenue has grown from $36.4 million in 2007 to $78 million in 2017. The acquisition of RRB adds two partners and three staff members to Aprio.
“Aprio continues on its incredible journey of strategic growth and expansion with high performing firms,” said Koltin Consulting Group CEO Allan D. Koltin in a statement. “RRB is a highly respected firm in the Atlanta market with many high net worth and privately held clients. This combination will be wonderful for their clients in terms of the additional services and resources they will be able to take advantage of.”
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