Accounting firm UHY is on a buying binge — and it’s just getting started.
After landing a major investment from Summit Partners, the middle-market accounting powerhouse is snapping up smaller firms at a rapid clip, betting that bigger really is better in an industry once dominated by mom-and-pop shops.
The strategy: pump fresh capital into cutting-edge artificial intelligence, roll up specialized firms across the country, and build a national brand that can go toe-to-toe with the industry’s giants — all while serving the millions of privately held businesses that keep America’s economy humming.
To dig deeper, visit the original article on the Thomson Reuters blog.