Virtus Group

What Virtus Group does

Virtus Group is an independently owned chartered professional accountancy and business advisory firm based in Regina, Saskatchewan, founded in 1962 by Bob Arscott as a one-person shop and now operating as Virtus Group LLP. The firm maintains three offices across Regina (headquarters, more than 60 employees), Saskatoon (more than 80 employees in the historic King George Building), and Estevan (opened in 2018), with more than 150 employees firm-wide and is positioned as Saskatchewan's largest independently owned accounting and business advisory practice. Services span taxation (planning, preparation, estate), audit and accounting (compliance, assurance, risk advisory), business advisory (strategic planning, leadership training, profitability improvement, change management), business valuation and litigation support (including M&A and Indigenous transaction advisory), private wealth management, and a dedicated outsourced-finance sub-brand, Vista by Virtus, offering basic accounting, fractional controller, and fractional CFO services.

The business model is a partner-led professional services firm with relationship-based direct sales: clients select an advisor from the firm's website or initiate contact for new client intake, engage on quote-based multi-year engagements that vary by complexity and scope, and access documents through a ShareFile client portal and a dedicated online payment portal. Revenue derives from professional services fees across full-service accounting, tax, audit, and advisory lines. The firm maintains a content-marketing presence via the Virtus Insights blog and newsletter and is involved in community initiatives across Saskatchewan.

The customer base is distributed across verticals with primary segmentation by size and persona rather than by single-industry dominance. Primary targets include owner-managed businesses, small and medium-sized businesses, not-for-profit organizations, agriculture and family farms, and professional services firms, with secondary coverage in government/healthcare/education, energy, construction and real estate, manufacturing, financial services, and automotive dealerships. Customers span both SMB (e.g., Brxton Masonry Inc.) and enterprise (e.g., Discovery Ford) sizes. The firm maintains a strategic content-sharing relationship with RSM Canada (the Canadian member of RSM International) and, in 2025, announced a merger with HVB to expand operations and service offerings, alongside the 2024 launch of the Vista by Virtus sub-brand.

Name

Virtus Group

Legal name

Virtus Group LLP

Website

https://virtusgroup.ca

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

101–250 employees

Short description

Virtus Group is a Saskatchewan-based independent chartered professional accountancy and business advisory firm founded in 1962, serving owner-managed businesses, SMEs, not-for-profits, and agriculture and family farms across Regina, Saskatoon, and Estevan through taxation, audit, business advisory, valuation, and outsourced finance services.

Ownership category

akta.pro rank

Product category

Accounting & Business Advisory Services

NAICS

Offices of Certified Public Accountants (541211), Portfolio Management and Investment Advice (523940)

SIC

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

akta.pro primary industry

Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)

Keywords

• Accounting services
• Business advisory
• Tax planning
• Audit assurance
• Business valuation

Headquarters

HQ city

Regina

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services Fees: Revenue generated from providing accounting, tax preparation, audit and assurance, business advisory, valuation, litigation support, and wealth management services to clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Virtus Group is Saskatchewan's largest independent accounting and business advisory firm delivering taxation, audit and assurance, business advisory, business valuation and litigation support, private wealth management, and outsourced client advisory services (Vista by Virtus). The firm serves owner-managed businesses, SMEs, not-for-profits, and sector-specific clients across agriculture, energy, construction, automotive, manufacturing, and government/healthcare/education from offices in Regina, Saskatoon, and Estevan.

Product overview

Virtus Group is Saskatchewan’s largest independent accounting and business advisory firm providing a full suite of professional services. The firm operates across three service lines: Core Accounting Services (taxation, audit & accounting), Business Advisory Services (strategic planning, business valuation, litigation support, and wealth management), and the Vista by Virtus sub-brand offering outsourced client advisory services including fractional controller and CFO advisory. The portfolio also includes client-facing digital tools such as an online payment portal and ShareFile-based client portal. The company serves diverse industries including agriculture, automotive, construction, energy, financial services, healthcare, manufacturing, and not-for-profit organizations across Regina, Saskatoon, and Estevan.

Differentiator

Problem solved

Functional benefit

Brands

• Vista by Virtus: Client Advisory Services (CAS) brand providing outsourced accounting services, fractional controller, and fractional CFO advisory services.

Products and services

• Taxation Services Tax preparation, planning, and advisory services for individuals and businesses, including estate planning. Delivered by the firm's tax and advisory teams.
• Audit & Accounting Compliance, audit and assurance, accounting services, and risk advisory for businesses and not-for-profits.
• Business Advisory Strategic planning, succession planning, estate planning, leadership and training, profitability improvement, change management, and business health check services.
• Business Valuation & Litigation Support Litigation support, buying/selling businesses, mergers & acquisitions (M&A), loss quantification, and Indigenous transaction advisory services.
• Vista by Virtus Client Advisory Services (CAS) offering basic accounting & reporting, fractional controller services, fractional CFO advisory, and additional back-office support, delivered as a wholly-owned sub-brand of Virtus Group.
• Private Wealth Management Wealth management services for private clients.

Named customers2 records

Segments9 records

Ideal customer profiles9 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• RSM CanadacoreStrategic or Co-development PartnerRSM Canada LLP is a public accounting firm that is the Canadian member firm of RSM International, a global network of independent assurance, tax and consulting firms. Virtus Group publishes content authored by RSM Canada on their website, including articles on finance automation, customs policy, cybersecurity, and nonprofit workforce topics.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• RSM Canada: Canadian member of RSM International providing assurance, tax, and consulting to mid-market clients. Already partnered with Virtus (mutual content partnership) and competes for larger cross-border and corporate engagements in overlapping verticals.
• KPMG Canada: Big Four firm with full-service assurance, tax, and advisory capabilities operating in Saskatchewan. Represents the top end of the competitive set where Virtus competes for larger audit and corporate finance mandates.
• Deloitte Canada: Big Four firm providing audit, consulting, financial advisory, tax, and risk services including to Saskatchewan-headquartered enterprises. Competes for larger advisory and assurance engagements that Virtus also targets through its M&A and valuation practice.
• PwC Canada: Big Four firm with full assurance, tax, and advisory capabilities competing with Virtus for enterprise-grade audit, M&A, and consulting mandates across the same Saskatchewan verticals.
• EY Canada: Big Four accounting and advisory firm competing with Virtus for assurance, transaction advisory, and tax engagements among larger Saskatchewan-headquartered clients and NFP organizations.

Direct peers

• BDO Canada: National Canadian accounting and advisory firm serving mid-market and owner-managed businesses across industries that overlap with Virtus (agriculture, manufacturing, construction, NFP). Comparable service mix including tax, audit, valuation, and business advisory.
• Grant Thornton Canada: Mid-market focused national accounting firm with significant Western Canada presence. Competes with Virtus for advisory, M&A, and assurance work among growth-oriented Canadian businesses in similar verticals.
• Baker Tilly Canada: Canadian mid-market accounting and advisory network with comparable vertical mix (agriculture, automotive, construction, NFP). Direct competitor for owner-managed and SMB engagements in Western Canada.
• Crowe Soberman LLP: Canadian mid-tier chartered accounting firm in Toronto offering audit, tax, advisory, and wealth management — comparable practice mix to Virtus including fractional/outsourced CFO services and owner-managed business advisory.
• MNP LLP: One of Canada's largest chartered accounting firms with deep presence across Western Canada and a strong owner-managed/specialty practice similar to Virtus Group. Both compete head-to-head for Saskatchewan SMB and mid-market engagements and for CBV-designated valuation mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/VirtusGroupLLP
• LinkedInlinkedin.com/company/virtus-group-llp
• Instagraminstagram.com/virtusgroupllp
• Xx.com/VirtusGroupLLP

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Virtus Group