CRI merges in ProSport CPA

Two huge firms are coming together in a $2.3 billion cash-and-stock deal, making the combined firm what is projected to become the seventh largest accounting firm in the U.S. with approximately $2.8 billion in annual revenue.

Wolters Kluwer has acquired a host of cloud-based financial workflow and data exchange solutions from Belgian fintech Isabel Group.

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The RSM network made five strategic acquisitions in Europe, including specialist audit and consulting firms in Austria, Denmark and France, plus a prestigious law firm in Spain.

Andersen adds Reilly, Fisher & Solomon; and Platform Advisors acquires Silver+Co.

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Plus, Biller Genie launches QuickBooks Desktop integration, PayPal integration; and other accounting technology news.

The lease accounting solutions provider is the company's third acquisition this year.

The acquisition will expand the Top 100 Firm's portfolio of specialized accounting software and ERP solutions, particularly in manufacturing and distribution.

The Top 50 Firm is expanding in Western Michigan.

The Top 25 Firm in New York has added an assurance, tax and advisory firm in Worcester, Massachusetts, the latest in a series of acquisitions since it received private equity funding.

BDO USA recently appointed a new COO to oversee efforts to improve its audit practice and technology, as well as implement its ESOP.

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Plus, TaxDome adds AI reporting feature; Protiviti uses new "ProtivitiGPT" to enhance internal ops; and other accounting tech news.

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A panelist during the Scaling New Heights conference in Orlando said that private equity firms are looking for firms with good revenue, but numbers alone don't tell the whole story.

The current wave of M&A activity is driven at least in part by the need for firms to build out their CAS practices quickly, said Joe Woodard at Scaling New Heights