Top 25 Firm Ascend acquired GreerWalker in Charlotte, North Carolina, effective as of Sept. 1.
GreerWalker is a Southeast Regional Leader, with $46.8 million in revenue, 16 partners and roughly 135 employees. Terms of the deal were not disclosed.
Ascend, based in Arlington, Virginia, is a platform launched in January 2023 by private equity firm Alpine Partners. It acquires accounting firms with between $15 million and $50 million in revenue. It ranked No. 24 on Accounting Today's 2026
"Few regional firms possess the reputation that GreerWalker has earned when it comes to client service: problem solvers who are personal, comprehensive, vigilant, and proactive," Ascend president Nishaad Ruparel said in a statement. "What's more, the firm has become one of the more fulfilling places to work in the profession's middle market by pursuing excellence in both expertise and client service."
As is common with these types of private equity deals, GreerWalker will adopt an alternative practice structure, separating its attest and non-attest services into GreerWalker Attest and GreerWalker Advisors, respectively.
"What drew us to Ascend was its vision of bringing together high-performing firms without losing the unique culture and relationships that make each one special," Jonathan Mangels, CEO of GreerWalker, said in a statement. "GreerWalker has spent decades building trusted client relationships and a people-first culture, and it was important to find a partner that values those same principles."
The firm has made numerous acquisitions since its launch, most recently adding Southwest Regional Leader
