Springline adds Christy Paddock Advisors

Springline Advisory, a Top 100 Firm based in Dallas, acquired Christy Paddock Advisors LLC, an Indianapolis firm that specializes in fractional CFO and financial advisory services.

Financial terms of the deal were not disclosed. Springline ranked No. 73 on Accounting Today's 2025 list of the Top 100 Firms and now earns $164.65 million in revenue. The deal with Christy Advisors will add two partners, 15 team members and one office to Springline, which had over 750 employees last November. 

Jeremy Harris

"Christy Paddock Advisors has built a reputation for showing up as a true partner to growth-stage companies, not just an outside advisor," said Springline Advisory CEO Tim Brackney in a statement Tuesday. "That mindset, combined with their leadership and culture, aligns closely with how we support firms that want to grow with purpose.  We could not be more excited to have Paddock as part of Springline, as we see them as a natural extension of our client accounting services business and accretive to the support we offer clients in business transitions."

Christy Paddock Advisors offers fractional CFO and financial advisory services to help business owners and leadership teams improve profitability and growth.

"We've always prioritized an employee-centric culture and delivering thoughtful, high-impact advisory services with a personal touch," managing partner Christy Paddock said in a statement. "Partnering with Springline Advisory aligns with our values and long-term vision, providing support as we continue to grow while staying true to our culture and the relationships we've built with our clients."

Springline was created by private equity firm Trinity Hunt Partners in January 2024. The first investment was in MarksNelson, a Kansas-based firm. Springline later added Indianapolis-based BGBC Advisory and made plans to expand by adding more firms around the country that serve middle-market clients. It has since made several M&A deals, including HM&M Advisory in Dallas; Clark, Raymond & Co. in Redmond, Washington; Fiske Advisory in South Florida; and EFPR Advisory in Rochester, New York. Last month, Springline Advisory acquired Actuarial Resources, a Kansas City-based actuarial software and consulting firm. In November, Springline acquired Infinity Globus and Smart Accountants, both based in Ahmedabad, India, expanding the firm's international reach.