Purdy Powers & Company

What Purdy Powers & Company does

Purdy Powers & Company is a privately held financial consultancy headquartered at 130 Middle Street, Portland, Maine, founded in 1991 and operating from a single office with a headcount in the 11–50 range. The firm delivers seven integrated service lines: Accounting & Assurance, Tax Planning & Compliance, Management & Business Consulting, Remote Accounting Services & Business Advisory, Litigation/Valuation/Forensic Accounting, ESOP Planning, and Creditor Services. Its client base spans closely-held businesses, entrepreneurs and small businesses, non-profits, lending institutions, attorneys, and individual taxpayers across Maine, with nationwide reach enabled in part by its independent membership in BDO Alliance USA.

The firm’s technology stack is built on standard professional-services tooling: Citrix ShareFile for secure client file exchange, QuickBooks (with bill.com add-on) as the core bookkeeping platform, QuickFee powering online payments and 3–12 month installment Payment Plans, Dynamic Content hosting a branded library of web-based financial calculators, and a Squarespace-hosted service-marketing website. There is no proprietary platform, no public API, and no disclosed AI/ML capabilities; the technical footprint is operational rather than productized.

Purdy Powers generates revenue through two primary mechanics: project- and engagement-based professional services fees for assurance, tax, consulting, litigation/valuation/forensic, ESOP, and creditor work (pricing is quote-based and not publicly disclosed), and a recurring subscription-style Remote Accounting Services line offering weekly, bi-weekly, or monthly outsourced bookkeeping, financial review, and CFO advisory to SMBs and non-profits. Engagement growth is driven by referrals from the banking, business, and legal communities, complemented by direct outreach for specialized services and by online client engagement (calculators, secure file drop, online payment) for remote and SMB clients.

Name

Purdy Powers & Company

Legal name

Purdy Powers & Company

Website

https://purdypowers.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

11–50 employees

Short description

Purdy Powers & Company is a privately held, Portland, Maine-based financial consultancy offering accounting, tax, advisory, valuation, forensic, ESOP, creditor, and remote bookkeeping services to closely-held businesses, SMBs, non-profits, lenders, and individuals, leveraging standard accounting tooling and BDO Alliance USA membership.

Ownership category

akta.pro rank

Product category

Accounting & Tax Professional Services

NAICS

Offices of Certified Public Accountants (541211), Other Accounting Services (541219)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Accounting & Bookkeeping Services (BPAHABAC)

akta.pro secondary industries

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF), Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI)

Keywords

• Accounting and assurance services
• Tax planning and compliance
• Business valuation and consulting
• Forensic accounting services
• Remote bookkeeping services

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services Fees (Accounting, Tax, Consulting): Project- and engagement-based fees for accounting & assurance, tax planning & compliance, management & business consulting, and litigation/valuation/forensic accounting engagements. Pricing is quote-based and not publicly disclosed.
2. Remote Accounting Services & Business Advisory (Recurring): Recurring weekly, bi-weekly, or monthly remote full-service bookkeeping, financial review (monthly/quarterly), and as-requested CFO services targeted at entrepreneurs, small businesses, and non-profits.
3. Creditor Services (Loan Compliance & Verification): Specialized professional services to lending institutions including AR confirmations, aging analysis, investment confirmations, inventory counts and price testing, and fixed asset verification during loan life-cycle and approval.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Purdy Powers & Company is a Portland, Maine-based accounting and consulting firm that delivers seven integrated professional service lines: Accounting & Assurance, Tax Planning & Compliance, Management & Business Consulting, Remote Accounting Services and Business Advisory, Litigation/Valuation/Forensic Accounting, ESOP Planning, and Creditor Services to lending institutions. The firm serves closely-held businesses, small businesses, entrepreneurs, non-profits, lending institutions, employers considering ESOPs, and individual taxpayers through on-site engagement from its Portland office and remote/virtual delivery. It supports clients with QuickBooks-based bookkeeping, QuickFee payment plans, ShareFile secure document exchange, and a branded financial calculator library on its website.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounting and Assurance Services Assurance and audit services delivered by an experienced team of auditors and accountants to organizations, providing a responsive, flexible, and personalized approach to client service to help meet future challenges.
• Tax Planning and Compliance Services Tax planning and compliance services for businesses, closely-held companies, and individual taxpayers and families, covering personal income tax, estate tax, retirement planning, and ongoing tax filing and advisory.
• Management and Business Consulting Consulting services for closely-held businesses and owners covering mergers and acquisitions, sale of closely-held businesses, lease/buy evaluations, cost accounting, cost segregation, business plans and financing proposals, and banking relationship management, with growth sourced from referrals across the banking, business, and legal communities.
• Remote Accounting Services and Business Advisors Recurring remote full-service bookkeeping, financial review, sales tax filing, bill pay (via bill.com), and as-requested CFO services for entrepreneurs, small businesses, and non-profits, delivered via QuickBooks-centric workflow with phone support, remote-desktop support, software training, conversion, and implementation services.
• Litigation, Valuation, and Forensic Accounting Expert testimony, damages determination, business valuations for litigation, M&A, and tax planning, fraud investigations, compliance audits, embezzlement and theft investigations, and financial reporting fraud work for attorneys, businesses, and individuals, delivered by the only dedicated Litigation, Valuation, and Forensic Accounting team in Maine.
• ESOP Planning Advisory services for employers considering Employee Stock Ownership Plans, including ESOP feasibility analysis, tax efficiency analysis, plan type selection, ESOP establishment support, and synthetic equity considerations to share financial success with employees through stock ownership.
• Creditor Services Specialized services to lending institutions performed at any time during the life of a loan to ensure the borrower remains in compliance with loan covenants and minimum collateral requirements, including AR confirmations, aging analysis, investment confirmations, inventory counts and price testing, and fixed asset verification, also useful during loan approval.

Quantifiable outcome

• Only dedicated Litigation, Valuation, and Forensic Accounting team in Maine
• +1 more outcomes

Segments7 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature4 records

Partnerships

Five partnerships are on record, tiered flagship alliance, core (via alliance membership) and core operational tooling.

• BDO Alliance USAflagship allianceStrategic or Co-development PartnerPurdy Powers & Company is an independent member of BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting, and service firms with similar client service goals. The alliance provides member firms with expanded services for clients without jeopardizing existing relationships or autonomy, by accessing the resources of BDO USA and other Alliance members. The BDO Alliance USA was developed to give member firms an alternative strategy for gaining competitive advantage in a changing business landscape and is a subsidiary of BDO USA, a Delaware limited liability partnership.
• BDO USAcore (via alliance membership)Strategic or Co-development PartnerPurdy Powers & Company accesses BDO USA resources through its BDO Alliance USA membership. BDO USA is the parent organization of which the BDO Alliance USA is a subsidiary (BDO USA, a Delaware limited liability partnership).
• Citrix ShareFilecore operational toolingTechnology or IntegrationShareFile is the firm's secure client file-exchange platform, accessed via the 'Send Us a File' link on the Purdy Powers website (cpaorme.sharefile.com), enabling clients to securely upload documents to the firm.
• QuickFeecore operational toolingTechnology or IntegrationQuickFee powers the firm's online payment experience, supporting ACH/bank transfer, credit card, and 3–12 month client installment Payment Plans (with $2,000 minimum and restrictions on 12-month plans for audit/attest invoices). Embedded under the firm's 'Make a Payment' page and the dedicated QuickFee firm URL.
• QuickBooks (Intuit)core operational toolingOEM/ Whitelabel/ Licensing PartnerQuickBooks is the core bookkeeping platform supported by the firm's Remote Accounting Services and Business Advisory division. Services include phone support, remote desktop support, software training, conversion/implementation, software update services, and use of bill.com for bill pay and sales tax filing workflows.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Pilot.com: Tech-enabled bookkeeping and accounting firm for startups and small businesses, offering subscription-based monthly bookkeeping, tax, and CFO services. Direct competitor to Purdy Powers' Remote Accounting Services division on price, technology, and scalability.
• Bench Accounting: Cloud-based bookkeeping service for small businesses, providing monthly bookkeeping with software, dedicated bookkeepers, and reporting. Direct competitor to the firm's recurring remote bookkeeping and QuickBooks-centric offering.
• Prairie Capital Advisors: Independent, employee-owned investment banking and ESOP advisory firm specializing in ESOP formation, valuation, and recapitalization. Comparable ESOP advisory niche and closely-held business valuation work.

Broad incumbents

• Wipfli LLP: Top-20 U.S. accounting and consulting firm serving mid-market businesses with tax, audit, advisory, technology, and outsourcing services. Comparable multi-service mid-market focus but at significantly greater scale and geographic breadth.
• Marcum LLP: Top-30 U.S. accounting and advisory firm with strong middle-market, forensic, valuation, and ESOP practices. Closely comparable service mix, including litigation support and business valuation.
• CliftonLarsonAllen (CLA): Large U.S. accounting and advisory firm serving private mid-market businesses across tax, audit, wealth management, and consulting. Comparable mid-market client base and outsourced accounting services.
• Cherry Bekaert: Top-25 U.S. accounting and advisory firm providing tax, assurance, advisory, and wealth management to mid-market businesses. Comparable mid-market focus, multi-line service mix, and relationship-driven GTM.
• Withum: Mid-market-focused U.S. accounting and advisory firm offering tax, audit, advisory, and outsourced accounting services. Comparable mid-market and closely-held business clientele and multi-service breadth.
• BDO USA: Top-5 global accounting network and the parent organization of BDO Alliance USA, of which Purdy Powers is an independent member. Comparable full-service capabilities at much larger scale and direct competition for mid-market and enterprise clients.

Direct peers

• BerryDunn: Portland, Maine-based full-service accounting, tax, and consulting firm offering assurance, tax, and management advisory to mid-market and public sector clients. Highly comparable in geography, multi-service breadth, and Maine regional brand.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Purdy Powers & Company