BKD CPAs & Advisors

What BKD CPAs & Advisors does

BKD CPAs & Advisors was a privately-held national CPA and advisory firm founded in the early 1920s, headquartered in Austin, United States, with 1001-5000 employees. The firm delivered assurance, tax, and consulting services to enterprise and mid-market clients across more than 15 industry verticals, including healthcare and life sciences, financial services, construction, manufacturing, nonprofit, private equity, education, energy, and consumer. Its core technology platform comprised 17 proprietary products spanning healthcare analytics (Denials Management Monitoring, SNF Rate Calculator, Workforce Productivity Manager), financial services tools (HFS+, LoanPricingPRO, Payment Risk Analytics), tax research (SALT Explorer, TaxCred PRO), lease accounting (LeaseVision), and emerging areas such as climate risk dashboards and real-time monitoring.

In February 2022, BKD announced a merger with DHG (Dixon Hughes Goodman) to form Forvis Mazars US, creating a Top-10 national professional services firm with combined annual revenue of $1.4 billion. Following the merger, the combined entity operates under the Forvis Mazars brand and integrates with the Forvis Mazars global network for international methodologies and resources. Revenue derives from professional services fees generated through audit, assurance, tax, and consulting engagements, distributed via an enterprise field sales motion using 'Submit an RFP' and 'Let's Connect' channels, complemented by a professional referral network. The firm has expanded its AI advisory capabilities through an AI Strategy & Integration service line and AI Transformation Hub, positioning AI readiness and digital transformation as a growth vector across its industry verticals.

Name

BKD CPAs & Advisors

Legal name

BKD CPAs & Advisors

Website

https://bkd.com

Company type

Private

Founded year

1920

Operating status

Acquired

Headcount range

1,001–5,000 employees

Short description

BKD CPAs & Advisors was a US national CPA and advisory firm offering assurance, tax, and consulting services across 15+ industry verticals. Following its 2022 merger with DHG, the combined entity operates as Forvis Mazars US, a Top-10 professional services firm with $1.4 billion in revenue.

Ownership category

akta.pro rank

Product category

Accounting & Advisory Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)

Keywords

• Audit and assurance services
• Tax advisory services
• Management consulting
• Forensic accounting services
• Healthcare consulting

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services Fees: Revenue generated from providing audit, assurance, tax, and consulting services to clients across multiple industries. The combined entity (BKD + DHG merger) produces $1.4 billion in annual revenue.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

BKD CPAs & Advisors provides accounting, tax, audit, and advisory services to businesses and organizations across multiple industry verticals. In 2022, BKD merged with Dixon Hughes Goodman (DHG) in a combination of equals to form Forvis Mazars US, a top-10 national CPA and advisory firm operating within the Forvis Mazars global network. The firm serves clients in healthcare, financial services, manufacturing, nonprofit, construction, education, private equity, and private client services.

Product overview

Forvis Mazars US operates as a comprehensive professional services firm offering a unified platform of Assurance, Tax, and Consulting services supported by 17 specialized technology products. The product portfolio includes sector-specific analytical tools (Healthcare: Denials Management Monitoring, Home Health Payment Rates, SNF Rate Calculator, Workforce Productivity Manager; Financial Services: HFS+, LoanPricingPRO, Payment Risk Analytics; Tax: SALT Explorer, TaxCred PRO®, LeaseVision), industry intelligence platforms (ProBank Advisor, Program Economic Analysis, The Reporting Solution), and emerging technology solutions (Physical Climate Risk Dashboard, Pulse). These products integrate with the firm's core service lines to deliver data-driven advisory across industries including Healthcare, Financial Services, Manufacturing, Nonprofit, Private Equity, and Government.

Differentiator

Problem solved

Functional benefit

Products and services

• Denials Management Monitoring

Segments8 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Forvis Mazars GlobalcoreStrategic or Co-development PartnerForvis Mazars in the US is part of Forvis Mazars Group, a global audit and advisory network operating internationally. The US firm maintains close integration with global operations.
• Forvis Mazars GroupcoreStrategic or Co-development PartnerThe US entity operates under the Forvis Mazars brand as part of the global organization, benefiting from global methodologies, resources, and brand positioning.
• DHG (Dixon Hughes Goodman)coreStrategic or Co-development PartnerBKD merged with DHG in 2022 to form Forvis Mazars US, creating a combined Top-10 national professional services firm with $1.4 billion in revenue and expanded geographic presence.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• CliftonLarsonAllen (CLA): CLA is a Top-10 US accounting firm serving middle-market clients in healthcare, financial services, manufacturing, and nonprofit — directly comparable verticals and service mix to Forvis Mazars US.
• Baker Tilly US: Baker Tilly is a Top-15 national advisory, tax, and assurance firm with comparable industry vertical coverage (healthcare, financial services, manufacturing, construction) and similar middle-market positioning.
• BDO USA: BDO USA is a Top-10 national accounting and advisory firm with similar vertical breadth (including financial services, healthcare, manufacturing, nonprofit) and a comparable mid-market positioning relative to Forvis Mazars US.
• Grant Thornton: Grant Thornton is a Top-10 national CPA and advisory firm serving middle-market and large enterprise clients with audit, tax, and consulting services across comparable industries. Closely aligned in scale and service portfolio to Forvis Mazars US.
• Crowe LLP: Crowe is a national accounting and advisory firm with strong vertical specialization in financial services, healthcare, and government contracting — areas of overlap with Forvis Mazars US — and similar middle-market focus.
• RSM US: RSM US is the leading US alternative to the Big 4 and a Top-5 national CPA/advisory firm serving middle-market clients across similar verticals (healthcare, financial services, PE). Directly comparable in scale, mid-market focus, and service mix to Forvis Mazars US.
• Moss Adams LLP: Moss Adams is a national accounting and consulting firm with deep vertical specialization in healthcare, financial services, and nonprofit — overlapping directly with Forvis Mazars US's strongest verticals.
• Plante Moran: Plante Moran is one of the largest US accounting and business advisory firms, serving middle-market companies across manufacturing, healthcare, financial services, and technology — comparable in scale and orientation to Forvis Mazars US.
• Wipfli LLP: Wipfli is a Top-20 national accounting and advisory firm with similar vertical concentration in healthcare, financial institutions, manufacturing, and nonprofit — closely comparable to Forvis Mazars US's mid-market strategy.

Broad incumbents

• Deloitte US: Deloitte is one of the Big 4 and the largest professional services firm globally. While not a direct mid-market competitor, it sets the ceiling on enterprise audit, consulting, and AI advisory engagements that Forvis Mazars US is seeking to grow into.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/BKDLLP

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A3 records

Investments

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

Frequently asked questions about BKD CPAs & Advisors