Eide Bailly

What Eide Bailly does

Eide Bailly LLP is a top 20 U.S. certified public accounting (CPA) and business advisory firm founded in 1917 and headquartered in Fargo, North Dakota, with additional principal offices including Minneapolis. The firm employs 3,500+ partners and professionals across 50+ offices spanning 19 U.S. states plus India, serving mid-market organizations typically generating between $25 million and $750 million in annual revenue. Its core service lines span Tax (federal, state, local, and international), Audit & Assurance (including employee benefit plan audits, SOC reports, single audits, and SEC services), Advisory (transaction advisory, security & risk, managed services, strategy, data/AI, and business applications), Client Accounting Services (outsourced accounting, fractional CFO/controller, payroll), and Digital Services (cybersecurity, cloud, data analytics, technology consulting). The firm pursues a vertical specialization strategy with deep practices in Healthcare (3,500+ clients, 15,000+ engagements annually), Construction & Real Estate (2,400+ construction clients, 3,800+ real estate clients, ranked #10 in construction accounting), Manufacturing/Distribution/Logistics (3,100+ clients), and Private Equity (200+ PE firm clients, 381 portfolio companies served, 100+ engagements).

The firm's technology stack centers on the Microsoft ecosystem, including Azure cloud platform, Microsoft Dynamics 365 CRM (migrated from Salesforce in 2025), Microsoft Copilot, and Power Platform, supplemented by integrations and certifications with NetSuite, Salesforce Data Cloud/Agentforce, Snowflake, Tableau, Boomi, Workato, and Arctic Wolf. Its proprietary EB Bridge client portal handles document access, file uploads, and event registration at scale, supporting hundreds of thousands of concurrent submissions. The firm earned CMMC Level 2 certification enabling federal defense contracting.

Revenue is generated through professional services contracts on engagement-based pricing, with the most recently disclosed revenue at approximately $840 million. In June 2026, Eide Bailly entered a definitive agreement to sell a majority stake to Reverence Capital Partners at an approximately $1.8 billion valuation, with closing expected in Q3 2026. Post-transaction, the firm will adopt an alternative practice structure separating CPA attest services from advisory operations, with the stated goal of approximately doubling revenue within 3-4 years through acquisitions, AI technology investment, and accelerated advisory expansion.

Name

Eide Bailly

Legal name

Eide Bailly LLP

Website

https://eidebailly.com

Company type

Private

Founded year

1917

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Eide Bailly LLP is a top 20 U.S. CPA and business advisory firm serving mid-market organizations ($25M-$750M revenue) with tax, audit, advisory, and technology consulting across 50+ offices in the U.S. and India.

Ownership category

akta.pro rank

Product category

Professional Accounting & Advisory Services

NAICS

Offices of Certified Public Accountants (541211), Finance and Insurance (52)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

akta.pro secondary industries

Purchase Price Allocation (PPA) & Intangible Asset Valuation (FSAEAHAF), Fraud Risk & Financial Crime Controls Advisory (BPAKADAL)

Keywords

• Tax compliance services
• Audit assurance services
• Business advisory consulting
• Outsourced accounting services
• Technology consulting services

Headquarters

HQ city

Fargo

HQ country

United States

HQ region

North America

Offices52 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Tax Services: Federal, state, local, and international tax compliance and advisory services
2. Audit & Assurance: Audit, assurance, and attest services including employee benefit plan audits, SOC reports, single audits, and public company/SEC services
3. Advisory Services: Transaction advisory, security & risk, outsourced & managed services, strategy & management, data & AI, and business applications consulting
4. Client Accounting Services: Outsourced finance & accounting, fractional CFO & controller services, payroll solutions, private client solutions, business planning & analysis, and technology implementation support
5. Technology Consulting: Digital and technology consulting including cybersecurity, data solutions, digital transformation, cloud infrastructure, and technology implementation

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Eide Bailly is a top 20 U.S. CPA and business advisory firm providing tax, audit, and advisory services to mid-market organizations across the United States and India. The firm delivers professional services spanning federal, state, and local tax compliance and planning, financial statement audits, outsourced accounting (Client Accounting Services), transaction advisory, and digital transformation consulting. Industry-specific expertise covers healthcare, construction & real estate, manufacturing & distribution, private equity, and tribal governments.

Product overview

Eide Bailly is a top 20 U.S. CPA and advisory firm offering a comprehensive suite of professional services structured around five core offerings: Advisory (transaction advisory, security/risk, managed services, strategy, data/AI, business applications), Audit & Assurance, Client Accounting Services (outsourced accounting with fractional CFO services), Tax Services, and Digital Services (cybersecurity, data, cloud). The firm provides AI Strategy & Readiness as a specialized advisory module. Industry-specific verticals span Construction & Real Estate, Healthcare, Manufacturing/Distribution/Logistics, and Private Equity. The Digital Services practice integrates with platforms including NetSuite, Salesforce, Microsoft, Snowflake, Tableau, Boomi, and Workato. EB Bridge is the firm's proprietary client portal for document management. Technology capabilities are delivered through strategic partnerships with leading platforms including Microsoft Copilot, Power Platform, and Salesforce Data Cloud/Agentforce.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Services
• Audit & Assurance
• Advisory Services
• Client Accounting Services
• Digital Services
• AI Strategy & Readiness
• Private Equity Services
• Healthcare Industry Services
• Construction & Real Estate Industry Services
• Tribal & Gaming Industry Services
• Wealth Advisory Services
• Human Resource Consulting

Quantifiable outcome

• Targeting double revenue to ~$1.7B within 3-4 years
• +4 more outcomes

Named customers13 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability7 records

Feature5 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• MicrosoftcoreTechnology or IntegrationStrategic technology partnership involving Azure cloud platform, Dynamics 365 CRM, Microsoft Copilot, and Power Platform. Eide Bailly completed migration from Salesforce to Dynamics 365 and plans to expand AI capabilities through Microsoft Copilot and Power Platform. Firm also helps clients implement Azure-based data solutions.
• NetSuitecoreTechnology or IntegrationTechnology partnership for ERP implementation and optimization services for clients.
• SalesforcecoreTechnology or IntegrationTechnology partnership for CRM and data solutions including Data Cloud, Agentforce tools, and custom platform development. Eide Bailly previously used Salesforce but migrated to Microsoft Dynamics 365.
• SnowflakecoreTechnology or IntegrationTechnology partnership for data warehouse and analytics solutions.
• WorkatocoreTechnology or IntegrationTechnology partnership for integration and workflow automation, including implementations for clients like BZI Steel.
• Arctic WolfcoreTechnology or IntegrationCybersecurity technology partnership for threat detection and security operations.
• Sequoia Financial GroupcoreStrategic or Co-development PartnerPartnership to integrate wealth management practice, expected to close in Q4 2024.
• Volpe Brown & Co.minorStrategic or Co-development PartnerRecently added regional firm in Ohio to strengthen presence in key markets.
• Hamilton TharpminorStrategic or Co-development PartnerRecently added regional firm in California to strengthen presence in key markets.
• Traner SmithminorStrategic or Co-development PartnerRecently added regional firm in Washington to strengthen presence in key markets.
• Wall, Einhorn & ChernitzerminorStrategic or Co-development PartnerMerged firm in Virginia as part of regional expansion strategy.

Scale indicators21 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• RSM US: RSM US is the largest US-focused middle-market audit, tax, and consulting firm and the closest direct peer to Eide Bailly — similar Top 20 ranking, mid-market focus ($25M-$1B revenue clients), industry-vertical coverage, and technology consulting capabilities.
• BDO USA: BDO USA is a top-tier global accounting and advisory firm with strong mid-market positioning, overlapping industry verticals (including healthcare and manufacturing), and comparable advisory, tax, and audit service lines.
• CliftonLarsonAllen (CLA): CLA is a Top 10 US accounting firm focused exclusively on mid-market and closely held businesses, with similar industry specialization in healthcare, construction, manufacturing, and private equity — making it a highly comparable peer to Eide Bailly.
• Baker Tilly US: Baker Tilly is a Top 15 US advisory, tax, and assurance firm with a comparable mid-market focus, industry-vertical structure, and growing technology consulting practice — directly competing for similar client segments.
• Wipfli: Wipfli is a Top 20 US accounting and advisory firm with strong Midwest geographic overlap (headquartered in Wisconsin), similar mid-market client profile, and growing technology consulting practice — particularly comparable given shared regional DNA.
• Moss Adams: Moss Adams is a Top 15 US accounting and business advisory firm serving mid-market companies across the West Coast and nationally, with overlapping industry verticals including healthcare, manufacturing, and private equity.
• Plante Moran: Plante Moran is a Top 15 US CPA and advisory firm with strong Midwest presence (headquartered in Michigan), serving closely held and middle-market organizations with comparable industry and service-line breadth.
• Crowe: Crowe LLP is a Top 10 US public accounting and consulting firm with similar mid-market orientation, industry specialization, and growing advisory and technology consulting practices competing with Eide Bailly's service portfolio.
• Forvis (FORVIS Mazars merger): Forvis is a Top 10 US accounting firm formed from the merger of FORVIS and Mazars USA, with a clear mid-market focus, comparable industry verticals, and a similar post-merger growth strategy that mirrors Eide Bailly's roll-up ambitions.

Broad incumbents

• Grant Thornton: Grant Thornton is a Top 5 global accounting organization with significant mid-market reach, offering similar audit, tax, and advisory services as part of a broader portfolio — a broader incumbent competing for the same client segment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/eidebaillyllp
• YouTubeyoutube.com/user/EideBailly/featured
• Facebookfacebook.com/eidebailly
• LinkedInlinkedin.com/company/eide-bailly-llp
• Instagraminstagram.com/EideBailly
• TikToktiktok.com/@eidebaillyllp

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds

Investors

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

M&A6 records

Investments

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

Frequently asked questions about Eide Bailly