Lecroy

What Lecroy does

LeCroy CPA Group is a regional professional services firm that delivered accounting, tax, audit, advisory, and bookkeeping services to small businesses, nonprofits, governmental entities, contractors, professional services firms, healthcare providers, and high-net-worth individuals across North Alabama and the Southeast prior to its 2025 acquisition by Aldridge Borden & Company. The firm's service architecture was organized around a proprietary "OneSource" delivery model that bundled tax planning and compliance, audit and assurance, accounting and advisory (CAAS), business consulting, and marketing services into a single integrated engagement, supplemented by industry-specific service verticals. Its core technology stack centered on the Xero cloud accounting platform, where the firm holds Gold Partner status, supplemented by the CPAmerica affiliate network membership for peer resources and best practices.

In 2025, Aldridge Borden & Company — a Top 500 U.S. public accounting firm founded in 1918 in Montgomery, Alabama, with two CPAs recognized among Forbes Top 200 in America — acquired LeCroy CPA Group and Mercer & Associates to form the combined Aldridge Borden - OneSource entity, expanding into the Huntsville, Alabama market. The merged firm is privately held, regionally focused on the Southeast, and operates from the legacy LeCroy office at 201 Williams Ave SW, Suite 280, Huntsville, AL 35801, under a sales-led go-to-market motion relying on direct client engagement and strategic partnerships. All staff from LeCroy, Mercer, and Aldridge Borden were retained, including Gail LeCroy as Partner.

Revenue is generated entirely through fee-based professional services engagements with quote-based pricing tailored to scope; no standardized pricing, revenue figures, ARR, or per-employee benchmarks are publicly disclosed. The firmographic data records a headcount of 1–10 employees for the legacy LeCroy CPA Group, a figure that is inconsistent with Top 500 CPA firm scale and likely reflects a stale snapshot of the standalone pre-merger entity rather than the combined organization.

Name

Lecroy

Legal name

LeCroy CPA Group

Website

https://lecroycpagroup.com

Company type

Private

Founded year

1918

Operating status

Acquired

Headcount range

1–10 employees

Short description

Regional accounting firm delivering tax, audit, advisory, bookkeeping, and marketing services to small businesses, nonprofits, governmental entities, contractors, and individuals across North Alabama and the Southeast; acquired in 2025 by Aldridge Borden.

Ownership category

akta.pro rank

Product category

Public Accounting Services

NAICS

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

akta.pro primary industry

Tax Operations Support (Indirect Tax, Withholding, Compliance Admin) (BPAAAGAI)

akta.pro secondary industry

General Ledger & Close (Journal Entries, Month-End Close, Reconciliations) (BPAAAGAC)

Keywords

• Public accounting services
• Tax planning services
• Audit and assurance
• Business advisory services
• Bookkeeping services

Headquarters

HQ city

Huntsville

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

Revenue model

1. Professional Accounting Services: Ongoing accounting, bookkeeping, and financial statement preparation services typically delivered on a recurring engagement basis for businesses and individuals.
2. Tax Services: Tax planning, preparation, and compliance services including IRS representation and state/local tax planning for businesses and individuals.
3. Audit & Assurance: Independent audit and assurance services providing confidence in financial reporting, including financial statement audits, compliance audits, and internal control evaluations.
4. Business Consulting: Advisory services including business valuation, financial forensics, merger and acquisition support, succession planning, and strategic financial planning.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

LeCroy CPA Group provides professional accounting, tax, audit, and advisory services to businesses, nonprofits, governmental entities, contractors, and individuals across North Alabama and the Southeast. Services are organized around five core pillars: Audit & Assurance, Accounting and Advisory Services (CAAS), Tax Services, Consulting, and Marketing Services, delivered through the proprietary OneSource integrated approach. The firm uses the Xero cloud accounting platform as its core technology and is recognized as a Xero Gold Partner.

Product overview

Aldridge Borden (now operating at lecroycpagroup.com following the acquisition of LeCroy CPA Group and Mercer & Associates) offers a suite of integrated accounting and advisory services organized around five core pillars: Audit & Assurance, Accounting and Advisory Services (CAAS), Tax Services, Consulting, and Marketing Services. These core offerings are supplemented by the proprietary OneSource (Client Account Services) program, which bundles multiple service lines into a unified client experience, and further extended by industry-specific service verticals covering individuals, governmental entities, contractors, professional services & healthcare, general businesses, and nonprofits. The overall architecture is a single integrated platform approach where the firm's professional services are delivered through coordinated teams rather than standalone software products.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit & Assurance Comprehensive audit and assurance services ensuring compliance and confidence in financial reporting, including financial statement audits, compliance audits, internal controls & risk management, employee benefit plan audits, due diligence services, financial statement reviews, and internal control reviews. Targeted at businesses, nonprofits, and governmental entities requiring independent attest services.
• Accounting and Advisory Services (CAAS) Flexible, reliable, and advanced accounting solutions supporting financial health and organizational growth, providing real-time financial reporting, financial decision support, budgeting & forecasting, and cash flow management. Targeted at businesses and nonprofits seeking outsourced accounting support.
• Tax Services Proactive and personalized tax services ensuring compliance, accuracy, and peace of mind, including tax planning & compliance, IRS representation, state & local tax planning, international tax services, and tax credits & incentives. Targeted at businesses and individuals seeking tax planning and compliance support.
• Consulting Expert consulting services in business valuation, financial forensics, and strategic financial planning, including merger & acquisition support, succession planning, and strategic financial planning. Targeted at business owners and executives seeking strategic advisory.
• Marketing Services Comprehensive marketing services aligned with business objectives and future aspirations, including marketing strategy development, brand management, digital marketing, and campaign management. Targeted at small businesses seeking brand and marketing execution support.
• OneSource (Client Account Services) A bundled service approach that brings together diverse skills to offer tailored solutions, combining accounting, tax, and advisory services under a unified program. The Client Account Services component helps streamline back-office needs for clients. Targeted at businesses seeking an integrated, single-point-of-contact service model.

Quantifiable outcome

• Minimized tax liability through strategic tax planning
• +2 more outcomes

Named customers4 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Aldridge BordencoreStrategic or Co-development PartnerStrategic alliance and merger combining Aldridge Borden's century-long legacy with LeCroy's specialized expertise. This partnership expands Aldridge Borden's footprint into Huntsville, Alabama market, combining over 100 years of accounting excellence with enhanced resources and expertise for clients in North Alabama and Southeast.
• Mercer & AssociatescoreStrategic or Co-development PartnerStrategic partnership with Mercer & Associates alongside LeCroy CPA Group to form combined firm under Aldridge Borden umbrella. Mercer brings additional expertise and client relationships to strengthen service offerings in Huntsville market.
• CPAmericaminorStrategic or Co-development PartnerMember of CPAAmerica network, providing access to broader accounting expertise, resources, and best practices across the network of independent accounting firms.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Withum: Top 30 U.S. accounting and advisory firm serving middle-market businesses, government, and nonprofit clients. Closely comparable in audit, tax, advisory mix and in targeting CPAmerica-style mid-market accounts.
• Aprio: Top 50 U.S. accounting firm with strong Southeast U.S. presence delivering audit, tax, advisory, and outsourced accounting services. Directly comparable in mid-market focus and service-line breadth.
• Eide Bailly: Top 25 U.S. accounting firm with similar regional mid-market focus, offering audit, tax, consulting, and industry-specific services. Comparable in structure and client segments to a Top 500 regional CPA platform.
• WIPFLI: Top 20 U.S. accounting and consulting firm offering audit, tax, advisory, and technology services to mid-market businesses, nonprofits, and individuals across the Southeast. Directly comparable in service mix, client targeting, and Top 500-style positioning.
• Cherry Bekaert: Top 30 U.S. accounting and advisory firm serving middle-market businesses, government, and nonprofits. Comparable service portfolio (audit, tax, advisory, industry specialization) and regional Southeast presence.
• Aldridge Borden: Acquirer of LeCroy CPA Group and the parent operating entity under which LeCroy now operates. Aldridge Borden is a Top 500 public accounting firm providing the same core services (audit, tax, advisory, consulting) with overlapping client segments in Alabama and the Southeast.
• Carr, Riggs & Ingram (CRI): Top 25 U.S. accounting firm with strong Southeast presence providing audit, tax, advisory, and wealth management. Comparable regional/Southeast footprint and similar service breadth to the combined Aldridge Borden / LeCroy platform.

Broad incumbents

• RSM US: Provider of audit, tax, and consulting services to the middle market with a global footprint. Directly competes for the same mid-market and nonprofit clients the combined firm targets, but at materially larger scale.
• BDO USA: Top 10 global accounting network with a strong U.S. presence across audit, tax, and advisory. Represents the broader incumbent competition that Top 500 regional firms like Aldridge Borden / LeCroy compete against for larger enterprise and government engagements.
• Forvis Mazars: Top 10 U.S. accounting firm formed by the merger of Eide Bailly and Forvis, providing audit, tax, advisory, and outsourced services to mid-market, government, and nonprofit clients. Comparable broad service portfolio but operates at significantly greater scale than the combined Aldridge Borden / LeCroy entity.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/AldridgeBorden
• LinkedInlinkedin.com/company/aldridge-borden-company-pc
• Instagraminstagram.com/aldridgeborden

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Lecroy