Baker Tilly
Baker Tilly is a private equity-backed advisory, tax, and assurance firm serving middle-market businesses across 30+ industries, with $6.8 billion in combined 2025 revenue following the Moss Adams merger that created the sixth-largest U.S. advisory CPA firm.
- Company typePrivate
- Founded1920
- HeadquartersChicago, United States
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What Baker Tilly does
Baker Tilly is a full-service advisory, tax, and assurance firm headquartered in Chicago with planned relocation to New York City following the Anchin acquisition. The firm was founded in 1920 and operates as a private partnership through two primary entities: Baker Tilly US, LLP (licensed independent CPA firm providing attest/audit services) and Baker Tilly Advisory Group, LP (tax and business advisory services). It is private equity-backed by Hellman & Friedman and Valeas Capital Partners following their February 2024 investment, which represented the largest U.S. private equity investment in the CPA sector. Following the April 2025 transformative merger with Moss Adams (valued at approximately $7 billion), the combined firm reported $6.8 billion in global revenue for 2025 (a 21.3% YoY increase) and became the sixth-largest advisory CPA firm in the U.S.
The firm generates revenue through professional services engagements across four primary streams: advisory services (digital transformation, risk advisory, transactions, ESG, managed services), tax services (compliance, planning, international tax, transfer pricing), assurance services (audit and attest), and managed services with outcome-based pricing. Its core technology stack includes Baker Tilly Guided AI as a proprietary AI platform, alongside technology alliances and partnerships with Sage Intacct, Salesforce, NetSuite, OneStream, IFS, Deltek, UiPath, HubSync, AWS, and Oracle. The firm has developed exclusive intelligent automation partnerships (e.g., Deltek Project Nation digital workers) and acquired AI/RPA capabilities through Alirrium.
Baker Tilly serves middle-market businesses as its primary customer segment, with additional focus on private equity and portfolio companies, real estate, healthcare, construction, financial services, not-for-profits, and high-net-worth individuals and families. The firm employs a sales-led go-to-market motion combining direct enterprise engagement with industry-specialized teams, and pursues aggressive geographic and capability expansion through strategic acquisitions. As an independent member of Baker Tilly International, the firm has access to a worldwide network spanning 147 territories with 50,000+ professionals and 700+ offices globally.
Baker Tilly firmographics
Firmographics- Name
- Baker Tilly
- Legal name
- Baker Tilly US, LLP / Baker Tilly Advisory Group, LP
- Website
- https://bakertilly.com
- Company type
- Private
- Founded year
- 1920
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Baker Tilly is a private equity-backed advisory, tax, and assurance firm serving middle-market businesses across 30+ industries, with $6.8 billion in combined 2025 revenue following the Moss Adams merger that created the sixth-largest U.S. advisory CPA firm.
- Ownership category
- akta.pro rank
Where Baker Tilly is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices7 records
Markets served
Baker Tilly business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Advisory Services: Consulting services including digital transformation, risk advisory, transactions, ESG and sustainability, and managed services for middle-market clients.
- Tax Services: Tax advisory, compliance, and planning services for businesses and individuals, including international tax and transfer pricing.
- Assurance Services: Audit and attest services provided through licensed independent CPA firm (Baker Tilly US, LLP).
- Managed Services: Ongoing outsourcing and managed services with outcome-based pricing models.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom professional services engagements |
Go-to-market motion3 records
Distribution channels2 records
Marketing channels5 records
Baker Tilly product offering
Product offeringCore offering
Baker Tilly is a full-service advisory, tax, and assurance firm providing consulting, audit, tax compliance, transaction advisory, risk management, digital transformation, and managed services to middle-market businesses and high-net-worth clients across 30+ industries. Core services are delivered through licensed CPA entities (Baker Tilly US, LLP for attest work; Baker Tilly Advisory Group, LP for tax and advisory) and increasingly augmented by proprietary AI tools and technology partnerships (Deltek, UiPath, IFS, Sage Intacct).
Product overview
Baker Tilly is a leading advisory, tax, and assurance firm that operates as a professional services organization with a portfolio of proprietary tools, managed services, and technology partnerships. Its core AI offering is Baker Tilly Guided AI, an AI platform for advisory, tax, and business decision-making. The proprietary product portfolio also includes transparencyNOW (global spend transparency), 1099 Automation & e-Filing (tax compliance), fmvNOW (fair market value compensation database), engagementNOW (HCP engagement), Cost Containment in Healthcare, Advanced Allocations, Advanced Approvals, 360 Subscription Billing, and Batch Production tools. Baker Tilly's managed services combine cloud ERP expertise with AI-driven automation across accounting, finance, HR, tax, and operations, integrating technology partnerships with Sage Intacct, Salesforce, NetSuite, OneStream, IFS, Deltek, Microsoft, Oracle, AWS, and Yardi. The firm also offers specialized implementation services for UiPath (agentic automation), Deltek (digital workforce solutions), IFS (AI+ERP), and Sage Intacct (cloud ERP). Baker Tilly serves clients across 30+ industries including construction, energy, financial services, healthcare, real estate, technology, and private equity.
Differentiator
Problem solved
Functional benefit
Products and services
- Advisory Services
- Tax Services
- Assurance Services
- Managed Services
- M&A and Transaction Advisory Services
- Baker Tilly Guided AI
- transparencyNOW (Global Spend Transparency Reporting)
- fmvNOW (Fair Market Value Compensation Database)
- engagementNOW (HCP Engagement Solution)
- Cost Containment in Healthcare: Service Line Data Signs
- Healthcare IT Consulting
- Intelligent Business Managed Services
- Agentic Automation Services (UiPath)
- Deltek Digital Workforce Solutions
- IFS AI+ERP Integration Services
- Sage Intacct Implementation Services
- Global Trade and Customs Advisory
- Wealth Management Advisory
- Real Estate Advisory
- Risk Advisory and Compliance Services
- ESG and Sustainability Advisory
Quantifiable outcome
- 21.3% revenue growth to $6.8 billion in 2025
- +1 more outcomes
Companies that use Baker Tilly
Customer profileNamed customers11 records
Segments8 records
Ideal customer profiles3 records
Baker Tilly technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration11 records
AI capability8 records
Feature3 records
Baker Tilly partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered flagship, core, major, supporting and regional.
- Anchin, Block & Anchin LLPflagshipAgreement to acquire Anchin, a New York-based accounting, tax and advisory firm with approximately 600 professionals, establishing New York City as Baker Tilly's headquarters.
- HubSynccorePartnership to deploy HubSync's AI-enabled accounting workflow platform across Baker Tilly's tax practice, standardizing and integrating tax engagement processes.
- Berkowitz Pollack Brant Advisors + CPAsmajorPlanned acquisition to establish Baker Tilly's presence in South Florida, one of the nation's fastest-growing markets, and deepen East Coast reach.
- KraftCPAs PLLCmajorNashville-based accounting and advisory firm with over 60 years of service and specialization across construction, healthcare, manufacturing, not-for-profits, real estate and private equity.
- SockeyemajorTop Sage Intacct partner acquisition to expand Sage Intacct capabilities and construction industry focus. Sockeye supports over 2,000 businesses across the U.S. and Canada.
- Moss AdamsflagshipStrategic combination creating the sixth-largest advisory CPA firm in the U.S., valued at approximately $7 billion. Combines Baker Tilly and Moss Adams under the Baker Tilly name with shared commitment to client success and industry specialization.
- AlirriumcoreAcquisition of Alirrium, a specialist in robotic process automation (RPA), to enhance Baker Tilly's technology capabilities in RPA, AI, and machine learning. Effective November 1, 2024.
- UiPathsupportingBaker Tilly promotes implementation of UiPath's agentic automation platform combining agentic AI with traditional robotic process automation.
- IFSsupportingStrategic alliance with IFS to help businesses integrate AI with core ERP systems through IFS.ai, combining AI with ERP for digital transformation.
- DeltekcoreExclusive intelligent automation partner for Deltek Project Nation; developed digital workers that automate billing workflows within Deltek Costpoint ERP platform.
- MHAmajorPlanned merger with MHA, a Baker Tilly International member firm covering the UK, Ireland, and UAE, as part of Baker Tilly South East Europe's expansion strategy.
- Baker Tilly (Qatar)regionalNew member firm addition to Baker Tilly International network, expanding presence in the Middle East. Over 20 years of experience providing audit, accounting, tax, advisory, and consulting services.
- Baker Tilly (Qatar)regionalNew member firm in Qatar as part of Baker Tilly International expansion in Middle East, following expansions into UAE and Saudi Arabia last year.
- BMO Commercial BanksupportingExpanded partnership for the third annual BMO Wine Market Report, providing comprehensive data and analysis for wine industry stakeholders.
- MergermarketsupportingJoint report on mid-market food and beverage M&A activity with Baker Tilly and Mergermarket reporting global deal volumes and values.
Scale indicators7 records
Recent moves12 records
Expansion highlights7 records
Baker Tilly competitors and assessment
Company assessmentDirect peers
- Wipfli: Wipfli is a top-20 US accounting and consulting firm serving middle-market organizations with audit, tax, technology, and advisory services, pursuing an organic-plus-acquisition growth strategy similar to Baker Tilly.
- Grant Thornton: Grant Thornton is a US-focused accounting and advisory firm serving dynamic middle-market clients with audit, tax, and advisory services — a direct competitor across Baker Tilly's primary segments.
- Marcum LLP: Marcum LLP is a top-15 US accounting and advisory firm serving middle-market companies, family offices, and high-net-worth individuals with services that directly overlap Baker Tilly's core practice areas.
- BDO USA: BDO USA is a top-tier global accounting and advisory firm serving middle-market companies with audit, tax, and consulting services that directly overlap Baker Tilly's core service lines and target clients.
- Eide Bailly: Eide Bailly is a rapidly growing top-25 US CPA firm serving middle-market clients with audit, tax, and advisory services, and has been pursuing geographic expansion through acquisitions comparable to Baker Tilly's strategy.
- RSM US: RSM US is the largest US firm focused exclusively on the middle market, offering audit, tax, and consulting services — the closest direct competitor to Baker Tilly's middle-market advisory, tax, and assurance positioning.
- Plante Moran: Plante Moran is one of the largest US accounting and advisory firms serving middle-market businesses with industry-focused audit, tax, consulting, and wealth management services that closely parallel Baker Tilly's offerings.
- Crowe LLP: Crowe LLP is a major US public accounting and consulting firm with a comparable middle-market focus, providing audit, tax, advisory, risk, and technology services similar to Baker Tilly's portfolio.
Broad incumbents
- KPMG: KPMG is a Big Four firm providing audit, tax, and advisory services globally; it overlaps with Baker Tilly in middle-market advisory, tax, and technology-enabled managed services even though its primary franchise is enterprise-scale.
- Deloitte: Deloitte is one of the Big Four global professional services networks offering audit, tax, consulting, and advisory services at much larger scale; it competes with Baker Tilly for large middle-market and PE clients, especially on digital transformation and managed services.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Baker Tilly social profiles
Digital presenceBaker Tilly financial estimates
Financial estimateRevenue estimate
Valuation estimate
Baker Tilly leadership team
Management profileNumber of profiles
Profiles13 records
Baker Tilly subsidiaries and ownership
Company hierarchySubsidiaries14 records
Baker Tilly funding detail
Funding detailFunding overview
Funding rounds3 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Baker Tilly M&A and investment
M&A and investmentM&A22 records
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Baker Tilly
What does Baker Tilly do?
Baker Tilly is a full-service advisory, tax, and assurance firm providing consulting, audit, tax compliance, transaction advisory, risk management, digital transformation, and managed services to middle-market businesses and high-net-worth clients across 30+ industries. Core services are delivered through licensed CPA entities (Baker Tilly US, LLP for attest work; Baker Tilly Advisory Group, LP for tax and advisory) and increasingly augmented by proprietary AI tools and technology partnerships (Deltek, UiPath, IFS, Sage Intacct).
Is Baker Tilly a public or private company?
Baker Tilly is a private company. It is classified as private equity controlled and is currently operating.
When was Baker Tilly founded?
Baker Tilly was founded in 1920. It employs 5,001 to 10,000 people.
Where is Baker Tilly based?
Baker Tilly is headquartered in Chicago, United States, in the North America region.
How does Baker Tilly make money?
Four revenue lines are on record. Advisory Services are the primary driver. The others are tax Services, assurance Services and managed Services.
Who are Baker Tilly's main competitors?
Direct peers on record are Wipfli, Grant Thornton, Marcum LLP, BDO USA, Eide Bailly, RSM US, Plante Moran and Crowe LLP. Broad incumbents are KPMG and Deloitte.
Does Baker Tilly have an API?
No public API is recorded for Baker Tilly.