M&A Deal Summary

Baker Tilly Acquires CironeFriedberg

On February 11, 2025, Baker Tilly acquired business services company CironeFriedberg

Acquisition Highlights
  • This is Baker Tilly’s 11th transaction in the Business Services sector.
  • This is Baker Tilly’s 12th transaction in the United States.
  • This is Baker Tilly’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2025-02-11
Target CironeFriedberg
Sector Business Services
Buyer(s) Baker Tilly
Deal Type Add-on Acquisition

Target

CironeFriedberg

Bethel, Connecticut, United States
CironeFriedberg is a CPA and advisory firm serving middle-market businesses, high-net-worth individuals, and not-for-profits in Connecticut and New York. With offices in Bethel, Shelton, and Darien, the firm offers a range of services, including tax, accounting, assurance, business valuation, strategic consulting, and outsourced CFO/Controller services. CironeFriedberg was formed in 1945 and is based in Bethel, Connecticut.

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Buyer(S) 1

Buyer

Baker Tilly

Chicago, Illinois, United States

Category Company
Founded 1931
Sector Business Services
DESCRIPTION

Baker Tilly is an advisory CPA firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers (New York, London, San Francisco, Los Angeles, and Chicago). Baker Tilly was founded in 1931 and is based in Chicago, Illinois.


DEAL STATS #
Overall 13 of 14
Sector (Business Services) 11 of 12
Type (Add-on Acquisition) 13 of 14
State (Connecticut) 1 of 1
Country (United States) 12 of 13
Year (2025) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-10-04 Alirrium

Reston, Virginia, United States

Alirrium is a veteran-owned small business specializing in helping commercial and federal clients integrate intelligent RPA into their organizations. As a UiPath Gold Level service provider and Certified Professional Services provider, the company delivers comprehensive automation solutions designed to optimize processes and enhance workforce efficiency. Alirrium is based in Reston, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-02-27 Hayflich

Huntington, West Virginia, United States

Hayflich is a regional accounting firm that provides a full range of audit, accounting, tax, and management advisory services. Hayflich is based in Huntington, West Virginnia.

Buy -