What Cherry Bekaert does

Cherry Bekaert is a Top 20 U.S. accounting and advisory firm headquartered in Raleigh, North Carolina (with primary operating presence in Richmond, Virginia) that provides audit and assurance, tax, advisory, and managed technology services to middle-market and enterprise organizations. The firm operates an alternative practice structure through Cherry Bekaert Advisory LLC (tax and business advisory) and Cherry Bekaert LLP (licensed independent CPA firm for attest services), supported by acquired subsidiaries including Suite Engine, LLC, ArcherPoint Holdings LLC and its Canadian and Indian affiliates, Cordia Resources, and Choreo wealth-management branding. Founded in 1949, the firm has grown to 3,000 professionals across nine primary industry verticals: financial services, government and not-for-profit, government contracting, healthcare and life sciences, manufacturing and consumer goods, private equity, professional services, real estate and construction, and technology.

The firm monetizes through three professional-service revenue streams — accounting and assurance, tax, and advisory (covering CFO advisory, digital advisory, risk and cybersecurity, transactions, and people and workforce solutions) — augmented by managed technology services revenue from ERP consulting, cloud implementations, and ongoing managed IT. Pricing is quote-based, tailored to engagement scope, and structured on multi-year contracts. Underlying technology includes implementations and partnerships around Microsoft Dynamics 365 Business Central, Sage (Intacct, X3, 100, 300, CRE, Fixed Assets), Suite Engine vertical solutions (acquired 2024), and the newly launched Intuit Enterprise Suite partnership. Proprietary frameworks include the Digital Advisory Platform (analytics, AI, digital strategy, optimization), CFO Advisory finance-modernization methodologies, AI Security Services (governance, validation, continuous monitoring), and Outsourced Accounting Services delivered via cloud-based platforms.

Go-to-market is sales-led and enterprise-field-sales driven, with partners and directors originating business through industry expertise, professional referrals, and thought leadership. Distribution relies on direct client engagement through a U.S. regional office network (Richmond, Charlotte, Raleigh, Houston, The Woodlands, Dallas/Fort Worth, San Antonio, Nashville, Denver, Louisville, Boston, Washington D.C., Vienna, Los Angeles, and Torrance) plus a Bangalore, India operations support center, supplemented by channel/VAR partnerships with Microsoft, Sage, and Intuit. Customer segments are diversified across enterprise and government buyers (e.g., a multi-campus state higher education system, a post-PE-acquisition global tax and immigration startup operating in 42+ countries, and large manufacturing suppliers), and the firm's expansion has accelerated since the 2022 Parthenon Capital private equity investment, which enabled a sustained sequence of acquisitions including MCM CPAs & Advisors (2023, making Cherry Bekaert the largest firm in the Southeast), Cordia Partners and Cordia Resources (2023, ~$48M revenue), Kerr Consulting (2024, ~$20M revenue), Suite Engine and ArcherPoint (2024), Katz Nannis + Solomon (2024), Spicer Jeffries (2025), Jameson & Company (2025), Tarsus (2026, adding India operations), Richardson Kontogouris Emerson (2026, West Coast), and Calvetti Ferguson (2026, Texas and Nashville).

Name

Cherry Bekaert

Legal name

Cherry Bekaert Advisory LLC and Cherry Bekaert LLP (Cherry Bekaert)

Website

https://cbh.com

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Accounting and Advisory Services

NAICS

Offices of Certified Public Accountants (541211), Management Consulting Services (54161), Professional, Scientific, and Technical Services (54)

SIC

Services-Engineering, Accounting, Research, Management (8700), Services-Management Consulting Services (8742)

akta.pro primary industry

Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI)

Keywords

• Accounting advisory services
• Tax compliance services
• Audit assurance services
• CFO advisory consulting
• ERP implementation services

Headquarters

HQ city

Raleigh

HQ country

United States

HQ region

North America

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Accounting & Assurance Services: Audit & attestation, accounting advisory, accounting services including IFRS reporting, lease accounting, outsourced accounting, and revenue recognition services provided on a professional services engagement basis
2. Tax Services: International tax, state & local tax, tax credits & incentives advisory, corporate tax services, compensation & benefits consulting, estates & trusts, and tax controversy services
3. Advisory Services: CFO advisory, digital advisory, risk & cybersecurity, transactions (deal advisory, transaction tax, valuation, forensic services), strategic financing, and people & workforce solutions
4. Technology Services: ERP consulting, managed IT services, and technology advisory expanding through acquisitions of specialized technology consulting firms like Kerr Consulting and Suite Engine

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Cherry Bekaert is a Top 30 U.S. accounting and advisory firm that delivers tax, audit, and assurance services, alongside CFO advisory, digital transformation, risk & cybersecurity, transactions/deal advisory, technology/ERP consulting, and people & workforce solutions. The firm serves middle-market and enterprise clients across industries including financial services, government, healthcare, manufacturing, private equity, real estate, and technology, supported by 3,000 professionals and a network of U.S. regional offices plus an India delivery center.

Product overview

Cherry Bekaert is a professional services firm (Top 30 accounting firm) offering a comprehensive portfolio of advisory, assurance, tax, and consulting services through a services-plus-technology model. Their offerings span Accounting & Assurance, CFO Advisory Services, Digital Advisory (including AI consulting, Analytics & Automation, and ERP Consulting), Risk & Cybersecurity, Tax Services, Transactions, and People & Workforce Solutions. The firm specializes in technology implementation and consulting for Microsoft Dynamics 365 Business Central, Sage platforms, Suite Engine solutions, and Intuit Enterprise Suite. They have developed proprietary advisory methodologies including AI Strategy and Readiness, Finance Modernization, and specialized government contractor services. Cherry Bekaert operates through an alternative practice structure with Cherry Bekaert Advisory LLC (tax and business advisory) and Cherry Bekaert LLP (CPA firm for attest services), supported by subsidiary entities including ArcherPoint Holdings LLC, EC Advance Ltd. d/b/a ArcherPoint Canada, ArcherPoint India Pvt. Ltd., and Suite Engine, LLC.

Differentiator

Problem solved

Functional benefit

Brands

• The Innovate Fund: A New Markets Tax Credits initiative operated under Cherry Bekaert's Strategic Financing Services.
• Choreo
• Cordia Resources

Products and services

• Accounting & Assurance Services

Quantifiable outcome

• 99% of U.S. middle market CFOs plan to modernize their finance operations within the next year
• +2 more outcomes

Named customers3 records

Segments10 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and flagship.

• Enkrypt AIcoreStrategic or Co-development Partner · 24 February 2026Strategic alliance to enhance Cherry Bekaert's AI security, governance, and compliance offerings. Partnership combines Cherry Bekaert's risk and compliance advisory experience with Enkrypt AI's automated testing, validation, and real-time security guardrails to help organizations deploy AI responsibly while navigating evolving regulatory and security risks.
• Intuit Inc.flagshipStrategic or Co-development Partner · 13 November 2025Partnership to deliver Intuit Enterprise Suite, an AI-native ERP platform, to mid-market businesses. Collaboration enables Cherry Bekaert to scale its accounting outsourcing practice by upgrading existing QuickBooks clients and onboarding new businesses onto Intuit's cloud-based platform. Launch events planned in Chicago, Atlanta, Washington D.C., and Austin.
• Allinial GlobalcoreStrategic or Co-development PartnerStrategic alliance network enabling Cherry Bekaert to deliver tailored solutions across geographies through cooperation with international accounting and advisory firms. Leveraged for engagements requiring in-country specialists across multiple jurisdictions.
• MicrosoftcoreTechnology or IntegrationTechnology partnership offering Microsoft Dynamics 365 Business Central, Dynamics NAV, Dynamics 365 Sales, Dynamics 365 Commerce, Microsoft Power BI, Power Apps, Azure, and Microsoft 365 solutions to clients.
• SagecoreTechnology or IntegrationTop five Sage Partner offering Sage Intacct, Sage X3, Sage 100, Sage 300, Sage CRM, Sage Fixed Assets, and Sage Enterprise Intelligence solutions with associated implementation services.
• Suite EnginecoreTechnology or IntegrationSuite Engine provides integrated business management solutions for Microsoft Dynamics 365 Business Central, including eCommerce solutions, equipment dealer management, residential developer tools, retainage management, and payment processing solutions.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Withum: Top-25 U.S. advisory and accounting firm with strong technology, life sciences, and PE verticals. Directly comparable on mid-market positioning, technology/managed services growth, and industry specialization.
• BDO USA: Top-10 U.S. accounting and advisory firm serving middle-market and large clients with audit, tax, and advisory services. Highly comparable to Cherry Bekaert on size band, mid-market focus, and full-service model.
• RSM US: Largest U.S. provider of audit, tax, and consulting services focused exclusively on the middle market. Closest direct competitor given shared middle-market positioning, industry-vertical approach, and PE-backed growth profile.
• Grant Thornton: Top-7 U.S. audit, tax, and advisory firm with a strong middle-market and industry-vertical model. Comparable to Cherry Bekaert in serving mid-sized businesses across financial services, government, healthcare, and technology.
• Crowe LLP: Top-10 U.S. public accounting and consulting firm with deep financial services, government, and healthcare verticals. Directly comparable on PE backing (HOOPP/CVC), middle-market focus, and technology-enabled advisory services.
• Baker Tilly US: Top-15 U.S. advisory, tax, and assurance firm serving middle-market clients with strong industry verticalization. Comparable given similar size, vertical strategy, and aggressive M&A expansion.
• Wipfli LLP: Top-20 U.S. accounting and advisory firm with a heavy middle-market focus and significant technology/ERP practice. Closely comparable on Sage/Dynamics ERP implementation services and PE-backed growth strategy.
• Plante Moran: Top-15 U.S. audit, tax, consulting, and wealth management firm concentrated in the middle market. Comparable on industry specializations, technology advisory capabilities, and firm size band.
• Marcum LLP: Top-15 U.S. accounting and advisory firm with strong middle-market and PE-vertical coverage. Comparable on size, service mix, and acquisition-led expansion strategy.
• Moss Adams LLP: Top-15 U.S. accounting, tax, and consulting firm focused on middle-market clients in industries like healthcare, real estate, and technology. Comparable on industry-vertical depth and technology/managed services offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/cherrybekaert
• YouTubeyoutube.com/channel/UCwyEp0ziBxMofuo9Ag50g8w
• Facebookfacebook.com/CherryBekaertCB
• LinkedInlinkedin.com/company/cherrybekaert
• Instagraminstagram.com/cherrybekaert

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries11 records

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A19 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cherry Bekaert