MP

What MP does

MP CPAs (legal name MP P.C., previously The MP Group) is a regional certified public accounting firm founded in 1993 and headquartered at One Monarch Place in Springfield, Massachusetts, with additional offices in Lincoln, MA and Bloomfield, CT. The firm delivers a traditional suite of professional services including audit and attestation, tax planning and compliance, business valuations, and business consulting, with a specialized practice in employee benefit plan audits covering 401(k), 403(b), cash balance, and money purchase plans. Its client base is organized along five vertical specialties — Construction, Manufacturing, Wholesale & Distribution, Not-For-Profit, and Employee Benefit Plans — reflecting a deliberate vertical segmentation approach rather than horizontal service-line selling.

The firm operates as a conventional professional services practice with no proprietary technology platform; client document exchange is supported through a third-party client portal (DocItCloud), and go-to-market is conducted via direct client consultations, referral networks, and content marketing including a blog, podcast series, and active social media presence on Facebook, LinkedIn, and Instagram. Memberships in AICPA, the AICPA Employee Benefit Plan Audit Quality Center (EBPAQ), Integra International, MSCPAs, and CTCPA serve as both compliance credentials and referral channels. The firm is privately held as a professional corporation, shows no external funding or institutional investors, and exhibits a partnership-style operating model evidenced by internal promotion cycles in July 2022 and 2023.

Revenue is generated on a fee-for-service basis — hourly or fixed engagement fees for audit, tax, valuation, and consulting work — with no publicly disclosed pricing tiers or financial figures. Revenue stream is single-segment professional services fees, and customer concentration at the individual client level is not disclosed in available materials.

Name

MP

Legal name

MP P.C.

Website

https://thempgroupcpa.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

MP CPAs is a regional accounting firm founded in 1993 providing audit, tax, business valuation, and consulting services to clients across Construction, Manufacturing, Wholesale & Distribution, Not-For-Profit, and Employee Benefit Plan verticals from offices in Massachusetts and Connecticut.

Ownership category

akta.pro rank

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services Fees: Revenue generated from providing audit and attestation, tax services, business consulting, and business valuation services to clients on a fee-for-service basis, typically billed by the hour or at fixed fees for specific engagements.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

MP CPAs is a regional certified public accounting firm that provides audit and attestation, tax planning and compliance, business consulting, and business valuation services to businesses and individuals. The firm also delivers a specialized employee benefit plan audit practice covering 401(k), 403(b), cash balance, and money purchase plans, including Form 5500 preparation and DOL/IRS audit support. Services are delivered as integrated professional engagements through three New England offices and a secure client document portal.

Product overview

MP CPAs is a regional accounting firm offering a unified suite of professional services centered on audit and attestation, tax services, business consulting, and business valuations. The firm also provides specialized employee benefit plan audit services for retirement plans. The service portfolio is delivered as an integrated offering rather than a modular software platform, with advisory services designed to work together to serve clients' financial, compliance, and strategic needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit and Attestation Independent financial statement audit and attestation services that verify financial information, ensure compliance with regulatory standards, and enhance stakeholder confidence for businesses and employee benefit plans.
• Tax Services

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Seven partnerships are on record, tiered minor and core.

• Integra InternationalminorStrategic or Co-development PartnerInternational accounting firm network providing global resources and referrals for clients with international needs
• Massachusetts Society of CPAs (MSCPAs)minorOthersState professional organization for CPAs in Massachusetts providing networking, education, and advocacy
• Connecticut CTCPAminorOthersConnecticut state professional organization for certified public accountants providing resources and professional development
• American Institute of CPAs (AICPA)coreOthersNational professional organization setting standards for the accounting profession and providing resources, guidance, and credentialing for CPAs
• Young Professional Society of Greater Springfield (YPS)minorGTM or Marketing PartnerLocal professional networking organization; MP CPAs participates in YPS events including Adult Field Day and Santacon
• LLumin, Inc.minorOthersCo-hosted bowling event for The Children's Study Home benefit
• Big Green Truck PizzaminorOthersCatering vendor for annual meeting event

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Emerging players

• Pilot.com: Tech-enabled bookkeeping, accounting, and CFO services firm targeting startups and small businesses via software-driven delivery. Represents the emerging tech-enabled model that pressures traditional CPA firms on compliance pricing.
• 1-800Accountant: Tech-enabled virtual accounting and tax services firm serving small businesses nationwide. Represents the technology-led, lower-cost delivery model threatening traditional regional CPA economics.

Direct peers

• Moody, Famiglietti & Andronico, LLP: Andover, MA-based CPA firm offering tax, audit, advisory, and business valuation services to privately held businesses in New England. Comparable regional scale, service mix, and industry verticals.
• Wolf & Company, P.C. Regional CPA and business advisory firm headquartered in Boston/Lebanon NH serving New England-based businesses with audit, tax, and advisory services. Highly comparable in scale, geographic focus, and service mix to MP CPAs.
• DiCicco, Gulman & Company: Massachusetts-based CPA and advisory firm offering audit, tax, and consulting services to closely held businesses and nonprofit organizations. Direct comparable on regional New England positioning and core service lines.
• Feeley & Driscoll, P.C. Boston-based CPA firm specializing in audit, tax, and advisory for privately held companies, nonprofits, and benefit plans. Closely comparable in EBP audit specialization and regional mid-market client focus.
• KLR (Kahn, Litvak, Richman): New England-based accounting and advisory firm with offices across Massachusetts and Rhode Island, providing audit, tax, and consulting to privately held businesses. Comparable regional positioning and full-service model.

Broad incumbents

• Marcum LLP: Top-10 U.S. accounting and advisory firm with a large Boston office. Provides the same audit, tax, and advisory services as MP CPAs but at significantly greater scale, representing a key competitive threat for regional mid-market work.
• Crowe LLP: Top-10 U.S. accounting firm with significant New England presence offering audit, tax, advisory, and risk services. Represents the larger incumbent competitor that MP CPAs and its peers compete against for mid-market and EBP audit mandates.
• WithumSmith+Brown: Top-25 U.S. accounting and advisory firm with deep EBP audit practice competing for the same retirement plan audit mandates MP CPAs services. Larger incumbent in the firm's strongest specialization.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/mpcpaspc
• Instagraminstagram.com/mp_cpas/?igshid=NTc4MTIwNjQ2YQ%3D%3D

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 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 MP