HD Growth Partners

Name

HD Growth Partners

Legal name

HD Davis CPAs, LLC

Website

https://hdgrowthpartners.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Accounting and Business Advisory Services

akta.pro primary industry

Strategic Partnerships, Alliances & JVs Advisory (BPAHADAI)

Keywords

• Tax advisory services
• Fractional CFO services
• Bookkeeping services
• Audit attestation services
• Business advisory consulting

Headquarters

HQ city

Youngstown

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Tax Advisory & Compliance Services: Full-service federal, state, and local tax compliance, tax planning, multi-state tax guidance, and transaction tax planning for businesses and individuals. Includes entity structure evaluation, credit/incentive identification, and M&A modeling.
2. Virtual Accounting / Bookkeeping Services: Ongoing bookkeeping, financial statement preparation, and accounting department outsourcing on monthly, quarterly, or annual schedules. Includes multi-entity consolidation and cleanup services.
3. Fractional CFO Services: CFO-level executive financial leadership delivered as an ongoing partnership, including A/R & A/P management, budgeting, forecasting, and strategic finance support. Billed at annual fixed fees with tiers based on scope.
4. Audit & Attestation Services: Certified audit, review, and compilation of financial statements for businesses of all sizes. Pricing is tailored on a case-by-case basis.
5. Payroll Services: Payroll processing services delivered through White Glove Payroll, including payroll tax compliance and employee management.
6. Strategic Advisory: Includes individual tax planning and preparation, financial modeling and forecasting, strategic planning and growth advisory, M&A transaction readiness, succession planning, and business coaching.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

HD Growth Partners provides integrated accounting, tax advisory, bookkeeping, payroll, and fractional CFO services to middle-market businesses, multi-unit franchise operators, healthcare providers, and family-owned companies. The firm operates as an alternative practice structure (HD Davis CPAs, LLC and HD Davis Advisors LLC) delivering core compliance work alongside strategic advisory such as M&A readiness, succession planning, and financial modeling, supported by AI-enabled bookkeeping and reporting tools.

Product overview

HD Growth Partners is a business advisory and consulting firm that operates as a single integrated service platform providing comprehensive tax, accounting, and business advisory services. The firm offers core service lines including Tax Advisory Services, Virtual Accounting Department (bookkeeping), Fractional CFO Services, Audit & Attestation Services, and Payroll Services through their sister company White Glove Payroll. These core services are complemented by Strategic Advisory offerings (Individual Tax Planning, Financial Modeling & Forecasting, Strategic Planning & Growth Advisory, M&A Transaction Readiness, Succession Planning, and Business Coaching) and Industry Specialties (Restaurant Accounting, Home Healthcare Accounting, Franchise Accounting, and Non-Profit Accounting). The firm also produces educational content through the Failing Forward Podcast and newsletters. The portfolio is unified under the HD Growth Partners brand following the December 2025 merger with Onpointe Advisors, which expanded their capabilities across Ohio and Kentucky markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Advisory Services Comprehensive tax planning and compliance services including federal, state, and local tax preparation, multi-state tax guidance, sales tax and payroll tax management, entity structure evaluation, credit and incentive identification, M&A modeling, and transaction tax planning for businesses and individuals.
• Virtual Accounting Department Comprehensive bookkeeping and accounting support providing organized, accurate financial records with multi-location and multi-entity consolidated reporting, monthly/quarterly/annual financial statements, and technology-driven efficiency using AI-supported tools integrated with QuickBooks.
• Fractional CFO Services CFO-level financial leadership for growing organizations, including financial performance optimization, budgeting and forecasting, cash flow and capital strategy, strategic finance and board reporting, operational scaling, A/R & A/P management, and M&A transaction readiness.
• Audit & Attestation Services Certified and timely audit, review, and compilation of financial statements for businesses of all sizes, following a structured planning, fieldwork, and reporting process delivered through the firm's licensed CPA entity (HD Davis CPAs, LLC).
• Payroll Services Payroll processing services managed through White Glove Payroll (HD Growth Partners' sister company), providing comprehensive payroll solutions including payroll tax compliance and employee management.
• Individual Tax Planning & Preparation Year-round individual tax planning and preparation services, including strategic review and scenario modeling aligned with business objectives and ownership transitions, starting at $1,200 annually for individual returns.
• Financial Modeling & Forecasting Rolling forecasts and scenario modeling for confident decision-making, building standardized reporting and performance tools designed for clarity and scalability across multi-entity and growth-stage organizations.
• Strategic Planning & Growth Advisory Strategic guidance for business growth and development, helping organizations navigate transitions, expansions, and financing decisions through structured advisory engagements.
• M&A Transaction Readiness Financial models, quality-of-earnings preparation, and value-building strategies for organizations preparing for transactions, acquisitions, or ownership changes.
• Succession Planning Planning services for business transitions, ownership changes, and leadership succession to ensure smooth generational or strategic transitions.
• Business Coaching Executive and leadership coaching to support business owners and management in developing skills and strategies for growth.
• Restaurant Accounting Specialized accounting services for restaurant and hospitality operators, including industry-specific financial reporting and compliance tailored to the unique cost structures and operational complexity of foodservice businesses.
• Home Healthcare Accounting Accounting services tailored for healthcare service providers and home healthcare organizations with multiple locations or service lines, addressing complex billing, grant compliance, and distributed workforce payroll.
• Franchise Accounting Financial expertise for multi-unit and franchise operators, providing consistent accounting processes, multi-location consolidated reporting, and enhanced financial visibility across all operating units.
• Non-Profit Accounting Specialized accounting services for non-profit organizations, including multi-site programs and organizations managing grants and funding requirements, with 990 exempt organization tax returns starting at $1,500 annually.

Quantifiable outcome

• 90% of projects completed on time, significantly exceeding the professional services industry average of 76%
• +2 more outcomes

Named customers5 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

AI capability2 records

Feature3 records

Partnerships

Four partnerships are on record, tiered core and major.

• Onpointe AdvisorscoreStrategic or Co-development Partner · 4 December 2025Onpointe Advisors, an award-winning advisory firm based in Shaker Heights, Ohio, merged with HD Growth Partners effective December 4, 2025. The merger combines Onpointe's personalized approach with HD Growth Partners' expanded resources, bringing the combined team to over 80 employees. The merger enhances services for Ohio and Kentucky businesses and expands HD Growth Partners' presence in the Cleveland market via a newly renovated office in the Tower East Building adjacent to the Van Aken District.
• White Glove PayrollcoreStrategic or Co-development PartnerWhite Glove Payroll is the sister company of HD Growth Partners, founded by CEO Tim Petrey. It provides payroll processing services including payroll tax compliance. HD Growth Partners and White Glove Payroll share team members, culture, and cross-refer clients. Both firms are part of the Ascend platform and are jointly recognized for their workplace culture (Belong award winners span both teams).
• KarbonmajorTechnology or IntegrationKarbon is a practice management platform for accounting firms. HD Growth Partners is an active member of the Karbon community and was honored with the Practice Excellence Award at KarbonNext2026. The firm uses Karbon for practice management and collaboration tools, and is publicly grateful for Karbon's 'rare, refreshing approach to true partnership.'
• Intuit QuickBooksmajorTechnology or IntegrationHD Growth Partners is a QuickBooks ProAdvisor firm that helps clients implement, optimize, and transition between QuickBooks Online and Desktop products. The firm advises clients on QuickBooks pricing changes and helps them optimize their QuickBooks setup for cost efficiency.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• GBQ Partners: Ohio-based accounting and consulting firm offering tax, audit, advisory, and technology services. Directly competes in HD Growth Partners' home market with overlapping service lines and middle-market client focus.
• Wipfli: Top-20 U.S. accounting and advisory firm serving middle-market organizations with tax, audit, technology, and outsourced accounting services. Comparable service mix and middle-market focus, scaled nationally through organic growth and acquisitions.
• Plante Moran: Large U.S. regional accounting and advisory firm serving middle-market companies with tax, audit, consulting, and wealth management services. Comparable service breadth, target client profile, and culture-driven positioning.
• Aprio: PE-backed (private-equity-owned) national accounting and advisory firm serving middle-market companies with tax, audit, advisory, and fractional CFO services. Highly comparable business model and PE-driven M&A growth strategy make it the closest analog to HD Growth Partners' Ascend/Alpine-backed trajectory.
• Clark Schaefer Hackett: Ohio- and Midwest-based accounting and advisory firm providing tax, audit, consulting, and CFO advisory services. Competes in the same Ohio/Kentucky regional market with similar middle-market client base.
• Cherry Bekaert: PE-backed accounting and advisory firm providing tax, assurance, advisory, and digital transformation services to middle-market and PE-backed clients. Closely comparable PE ownership structure and middle-market service portfolio.
• Forvis: Major U.S. accounting firm formed from the merger of BKD and Dixon Hughes Goodman, serving middle-market clients with audit, tax, and advisory services. Comparable middle-market specialization with substantially greater scale.

Broad incumbents

• RSM US: Global middle-market-focused accounting and consulting firm with deep tax, audit, and advisory capabilities. Targets the same middle-market and PE-backed portfolio company segments as HD Growth Partners from a much larger platform.
• BDO USA: Top-tier global accounting and advisory network with a strong U.S. middle-market practice. Competes for the same middle-market and PE-backed clients as HD Growth Partners but at meaningfully larger scale and broader geographic reach.

Regional players

• Rea & Associates: Ohio-based regional accounting firm providing tax, audit, and business advisory services. Directly comparable in scale, geography, and middle-market orientation, making it a head-to-head regional competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCpUVkllZ0DYpMCgHbeQFZ3w
• Instagraminstagram.com/hdgrowthpartners
• Xx.com/HDGrowth
• Facebookfacebook.com/HDGrowthPartners
• LinkedInlinkedin.com/company/hdgrowthpartners

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about HD Growth Partners