The Bonadio Group

What The Bonadio Group does

The Bonadio Group (Bonadio & Co. LLP) is a privately held, New York-based national accounting and advisory firm founded in 1978. It is structured around four core service lines — Advisory & Consulting, Assurance, Small Business Advisory, and Tax — supported by specialized units including FoxPointe Solutions (cybersecurity and IT risk management), Corporate Finance (sell-side M&A advisory and Quality of Earnings), Transportation Advisory Services, and a tiered Outsource Accounting & Finance managed-service offering. The firm delivers through eleven offices across New York, Texas, Vermont, Florida, and Delaware, and leverages a Moore North America membership to access 650+ offices across 100+ countries for cross-border engagements, particularly US/Canada tax matters.

The technology stack is built on integrations with third-party cloud platforms (Sage Intacct, Bill.com, QuickBooks Online) wrapped inside the OSAF subscription tiers (Smart Start, Essentials, Emerging, CFO+). Service delivery is augmented by AI for automated data entry and transaction processing within outsourced accounting, ethical-hacking and penetration testing in cybersecurity, and predictive analytics in advisory engagements. Internal client-facing infrastructure includes the 'myPortal' secure client portal with SafeSend Returns for tax return delivery, and a content engine built around industry research (e.g., the 2026 Construction & Real Estate State of the Industry Study), webinars, and the TBG Talks podcast.

Revenue is generated primarily through professional service fees across audit, tax, advisory, and managed-service engagements, with pricing quote-based and tiered monthly subscriptions for OSAF. Go-to-market is sales-led via direct RFPs, relationship management, and a hybrid digital/in-person content engine. Customer mix spans nine industry verticals — Construction & Real Estate, Emerging Industries, Financial Services, Healthcare Services, Human Services, Manufacturing & Distribution, Private Wealth, Public Sector & Not-for-Profit, and Service Providers — with notable clients including Ronald McDonald House Charities, Ithaca Hummus, Gehring-Tricot Corporation, Veterans Outreach Center, and Erie County DSS. Notable inorganic growth includes the acquisitions of Ganer + Ganer (2021), Howard LLP (2023), and Dalle Accounting (2025).

Name

The Bonadio Group

Legal name

Bonadio & Co. LLP

Website

https://bonadio.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

The Bonadio Group is a privately held, Top 40 national accounting and advisory firm founded in 1978, delivering audit, tax, advisory, outsourced accounting, corporate finance, and cybersecurity services across nine industry verticals through eleven U.S. offices.

Ownership category

akta.pro rank

Product category

Accounting & Advisory Services

NAICS

Offices of Certified Public Accountants (541211), Other Management Consulting Services (541618), Management, Scientific, and Technical Consulting Services (5416), Portfolio Management and Investment Advice (52394)

SIC

Services-Management Consulting Services (8742), Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

General Ledger & Close (Journal Entries, Month-End Close, Reconciliations) (BPAAAGAC)

akta.pro secondary industries

Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments) (BPAAAGAA), Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ), Order-to-Cash (O2C) Operations (Order Admin, Credit, Invoicing, Collections Handoff) (BPAAAGAK), Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI), Governance & Board Effectiveness Advisory (BPAHAFAC), Family Office Advisory (Single/Multi-Family) (FSAEAAAI)

Keywords

• Accounting audit services
• Tax advisory services
• Outsourced accounting
• Cybersecurity consulting
• Corporate finance advisory

Headquarters

HQ city

Pittsford

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Audit & Assurance Services: Financial statement audits, employee benefit plan audits, CAFR certifications, and fraud/forensics services for public and private companies across industries
2. Tax Services: Comprehensive tax planning, compliance, international tax, state and local tax, and tax credits/incentives advisory services. Revenue generated through engagement fees based on complexity and scope
3. Advisory & Consulting: Strategic advisory, corporate finance, M&A transaction advisory, internal audit, and operational consulting services. Bonadio Advisory & Consulting has saved organizations over $100 million in the last five years through operational studies
4. Outsource Accounting & Finance: Cloud-based back-office accounting solutions provided as a managed service. Four tiers: Smart Start, Essentials, Emerging, and CFO+. Revenue generated through ongoing service agreements
5. Corporate Finance / Investment Banking: Sell-side investment banking services for private companies with $2M-$10M EBITDA, buy-side and sell-side Quality of Earnings reports, and M&A transaction advisory
6. FoxPointe IT Risk Management: Cybersecurity, IT auditing, penetration testing, compliance, and vCISO services through the FoxPointe Solutions division

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels13 records

Core offering

The Bonadio Group is a top-40 national accounting and advisory firm delivering audit and assurance, tax planning and compliance, outsourced accounting and CFO services, cybersecurity and IT risk management (via the FoxPointe Solutions division), corporate finance and M&A advisory, and strategic consulting to businesses, nonprofits, and high-net-worth individuals across nine industry verticals. Services are delivered through 11 U.S. offices and supported by a tiered outsourced accounting model integrated with Sage Intacct, Bill.com, and QuickBooks Online.

Product overview

The Bonadio Group operates as a top-ranked national accounting and advisory firm organized around four core service lines—Advisory & Consulting, Assurance, Small Business Advisory, and Tax—with specialized divisions and sub-brands. The Advisory & Consulting division encompasses strategic advisory services, corporate finance/investment banking, the FoxPointe Solutions cybersecurity sub-brand, internal audit, and the Outsource Accounting & Finance (OSAF) service. OSAF uses a tiered delivery model (Smart Start, Essentials, Emerging, CFO+) powered by integrated technology platforms (Sage Intacct, QuickBooks, Bill.com). FoxPointe Solutions provides cybersecurity and IT risk management as a distinct nationally recognized division. Tax Services spans international tax, state & local tax, tax credits & incentives, and tax planning & compliance. Assurance covers employee benefit plan audits and financial statement audits. The firm also offers Transportation Advisory Services (TAS) as a specialized consulting practice. Services are delivered to clients across nine industry verticals including construction & real estate, healthcare, financial services, manufacturing, and public sector & nonprofit organizations.

Differentiator

Problem solved

Functional benefit

Brands

• FoxPointe Solutions: A division of The Bonadio Group offering cost-effective security solutions including cybersecurity, IT consulting, compliance, penetration testing, and IT risk management services.

Products and services

• Advisory & Consulting Services Comprehensive consulting practice providing strategic advisory, corporate finance, internal audit, cybersecurity, and outsourced accounting services to for-profit and not-for-profit organizations, staffed by 160+ professionals across finance, strategy, operations, risk management, and M&A.
• Outsource Accounting & Finance (OSAF) Cloud-based back-office accounting solution combining technology platforms with professional expertise across four tiers — Smart Start (basic bookkeeping with AI-enhanced data entry), Essentials (full-service accounting), Emerging (AR/AP, multi-entity, GAAP), and CFO+ (C-level financial leadership, forecasting, board support, M&A).
• FoxPointe Solutions (Cybersecurity & IT Risk Management) Nationally recognized cybersecurity and IT risk management division offering GDPR, PCI DSS, HIPAA, HITRUST, SOX, and SOC compliance consulting, virtual CISO services, IT audits, penetration testing, and general IT consulting staffed by CEH, CISA, CISM, CISSP, HITRUST, PCI QSA, and SSCP certified professionals.
• Assurance Services Audit and assurance services including employee benefit plan audits, financial statement audits, fraud and forensics, internal audit, and risk management assessments for public, private, and government entities.
• Small Business Advisory Accounting and financial services for small businesses including financial statement preparation, tax planning and compliance, consulting, bookkeeping, compilations and reviews, QuickBooks consulting, and succession planning using cloud-based technology.
• Tax Services Full-service tax practice for estates & trusts, individual taxpayers, private companies, private equity, and public companies, including international tax, state & local tax, tax credits & incentives, and tax planning & compliance, delivered by partners with Big 4 experience.
• Corporate Finance / Investment Banking Investment banking and M&A advisory services helping private business owners with $2M-$10M EBITDA exit their businesses via disciplined sell-side investment banking processes; also provides buy-side and sell-side Quality of Earnings reports and transaction advisory for middle-market companies and private equity firms.
• Employee Benefit Plan Audit Specialized audit and compliance services for employee benefit plans including 11-K filings, 401(k), 403(b), profit sharing, defined benefit, ESOP, Form 5500 preparation, health & welfare, and multiemployer plans; Bonadio is a founding member of the AICPA Employee Benefit Plan Audit Quality Center.
• Financial Statement Audit Independent financial statement audit services for financial institutions, government, healthcare, higher education, private and public companies, and small businesses, including CAFR certification, M&A due diligence, and business valuations.
• International Tax Services Cross-border tax services specializing in Canadian/US tax issues, global mobility tax for expatriates, outbound (Subpart F/GILTI) and inbound (debt/equity analysis) tax compliance and planning, and M&A transaction structuring.
• Tax Credits & Tax Incentives Tax credit maximization services including Historic, Brownfield, Low Income Housing, New Market, R&D, Work Opportunity, and Qualified Opportunity Zone Tax Credits, having helped clients access over $60 million in tax credits over the past two years.
• Strategic Advisory Services Data-driven advisory consulting including fraud and forensics, healthcare consulting, strategic advisory, and transportation advisory services (TAS), delivering scenario planning, operational efficiency analysis, and profitability analysis that has saved organizations over $100 million in the last five years.
• Transportation Advisory Services (TAS) Full-service student transportation consulting and advisory firm (founded 1987) providing transportation efficiency studies, bid/RFP management services, and operational studies for education and government clients; operates as a specialized division within The Bonadio Group.

Quantifiable outcome

• Saved organizations over $100 million in the last five years through operational studies
• +2 more outcomes

Named customers10 records

Segments9 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability7 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Howard, LLPcoreStrategic or Co-development Partner · 4 October 2023Dallas-based CPA firm Howard, LLP merged with The Bonadio Group in October 2023. This merger expanded Bonadio's presence in the Texas market and strengthened capabilities in the Dallas/Fort Worth area, part of increased consolidation in the accounting industry due to talent shortages.
• Ganer + GanercoreStrategic or Co-development Partner · 1 November 2021NYC-based accounting firm Ganer + Ganer was acquired by The Bonadio Group effective November 1, 2021. This merger expanded Bonadio's presence in the New York metropolitan area and enhanced service offerings in the region.
• Moore North America / Moore Global NetworkcoreStrategic or Co-development PartnerThe Bonadio Group is an independent member firm of Moore North America, Inc. (MNA) Association, which is itself a regional member of Moore Global Network Limited (MGNL). This membership provides access to 650+ offices across 100+ countries, enabling international service delivery and global capabilities for clients with cross-border needs.
• Sage (Sage Intacct)coreTechnology or IntegrationStrategic technology partnership for cloud-based financial management. Bonadio is a Sage Intacct partner providing customers with access to enterprise-grade cloud accounting software. Technology integration enables real-time financial insights and streamlined back-office operations.
• Bill.comcoreTechnology or IntegrationTechnology partnership for accounts payable and payment automation. Bill.com integration provides clients with efficient invoice processing, payment workflows, and cash flow management capabilities within the outsourced accounting services.
• QuickBooks OnlinecoreTechnology or IntegrationQuickBooks Online partnership as Platinum Tier Elite Solution Provider. Integration enables small business clients to access cloud-based accounting with expert support from Bonadio professionals.
• PaychexminorStrategic or Co-development PartnerStrategic partnership providing access to concierge-level HR and payroll services to assist with growing needs of emerging businesses. The partnership offers scalable HR and payroll solutions integrated with Bonadio's accounting services.
• Transportation Advisory Services (TAS)coreOthersFull-service student transportation consulting and advisory firm founded in 1987. TAS provides comprehensive transportation efficiency studies, bid/RFP management services, and operational studies. Operates as a specialized division within the Bonadio Group.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Plante Moran: Top-15 U.S. accounting, tax, and advisory firm with comparable middle-market focus, multi-vertical industry specialization, and a similarly broad service line including assurance, tax, consulting, and outsourced accounting. Plante Moran's size and culture-driven approach closely mirrors Bonadio's positioning.
• Baker Tilly US: Top-10 U.S. advisory, tax, and assurance firm serving mid-market clients across similar industries (manufacturing, healthcare, nonprofit, financial services). Baker Tilly's growing cybersecurity and consulting practices overlap directly with Bonadio's FoxPointe and Advisory offerings.
• CliftonLarsonAllen (CLA): Top-10 U.S. accounting firm with strong mid-market and private-company focus, deep industry specialization (including construction, healthcare, manufacturing), and outsourced accounting/advisory capabilities. CLA's subscription-based outsourced finance model directly competes with Bonadio's OSAF.
• Eide Bailly: Top-25 U.S. CPA and advisory firm with comparable Midwest/Mountain-West multi-office footprint, strong nonprofit and construction & real estate practices, and an active acquisition strategy. Comparable to Bonadio in size, culture, and middle-market service breadth.
• Wipfli: Top-20 U.S. accounting and advisory firm with deep middle-market and small-business focus, strong outsourced accounting and technology practice, and similar regional-to-national growth trajectory. Wipfli competes head-to-head with Bonadio's Small Business Advisory and OSAF offerings.
• Forvis (formerly FORVIS): Top-8 U.S. accounting firm formed from the BKD and Dixon Hughes Goodman merger, with comparable middle-market focus, broad industry specialization, and a significant M&A advisory practice. Forvis is a direct scale competitor with a similar roll-up playbook.
• Crowe LLP: Top-10 U.S. public accounting and consulting firm with strong financial services, healthcare, and manufacturing verticals and a dedicated cybersecurity/risk consulting practice. Crowe's FoxPointe-equivalent risk practice and audit/tax breadth put it in direct competition.
• Moss Adams: Top-15 U.S. accounting, tax, and consulting firm focused on middle-market private and public companies across industries like construction, healthcare, and manufacturing. Moss Adams' industry-vertical model and consulting depth closely mirror Bonadio's structure.
• Cherry Bekaert: Top-25 U.S. accounting and advisory firm with comparable middle-market focus, strong industry specialization (including government, healthcare, and private equity), and a similar mix of audit, tax, advisory, and consulting practices. Comparable in scale and go-to-market approach.

Broad incumbents

• RSM US: Top-5 global accounting and consulting firm with significant U.S. middle-market practice and broad consulting/technology capabilities. RSM competes for the same private business owner clients Bonadio targets with corporate finance and advisory, but at a larger scale and broader portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bonadiogroup
• YouTubeyoutube.com/user/bonadiogroup
• Facebookfacebook.com/thebonadiogroup
• LinkedInlinkedin.com/company/30826
• Instagraminstagram.com/bonadiogroup
• TikToktiktok.com/@thebonadiogroup

Compliance16 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A4 records

Investments

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

Frequently asked questions about The Bonadio Group