Cherry Bekaert Expands Services with Acquisition of Jameson CPAs
Cherry Bekaert’s Strategic Acquisition of Jameson & Company
Cherry Bekaert, a well-respected name in the accounting and consulting world, has made a strategic move by acquiring the firm Jameson & Company CPAs. This acquisition is particularly significant as it enhances Cherry Bekaert's presence in the realm of government contracting services. Jameson & Company is recognized for its expertise in outsourcing accounting solutions tailored specifically for small federal government contractors and grantees.
Enhancing Government Contracting Services
With this new addition, Cherry Bekaert aims to strengthen its Government Contractor Consulting Services practice. The acquisition of Jameson allows the firm to tap into their extensive knowledge regarding government contracts and grants compliance, providing clients with superior support as they navigate the intricate landscape of federal regulations.
The Value of Expanded Expertise
The integration of Jameson’s specialized capabilities perfectly aligns with Cherry Bekaert's dedication to offering customized and thorough solutions. This strategic expansion comes on the heels of Cherry Bekaert's previous successful acquisition of Katz Nannis + Solomon, showcasing the firm’s continuous commitment to growing its capabilities in the northeast region. With both firms working together, the comprehensive suite of outsourced accounting services will further accommodate federal contractors and grantees of all sizes.
Leadership Insights on the Acquisition
Michelle Thompson, Chief Executive Officer of Cherry Bekaert Advisory LLC, expressed her enthusiasm regarding the integration, stating that Jameson’s commitment to excellent client service echoes the values held dearly by Cherry Bekaert. She noted, "Together, we are well-positioned to provide unparalleled support to our clients navigating the complexities of federal contracts and grants. We value the relationships Jameson has built and are excited to now offer expanded solutions to clients." This expansion is not merely strategic; it enhances the personal touch that both firms aim to maintain with their clients.
Commitment to Client Success
Ed Jameson, Managing Partner of Jameson & Company CPAs, also highlighted the seamless integration, stating his excitement about joining forces with Cherry Bekaert. He noted that the collaboration ensures clients continue to receive a personalized approach often associated with smaller firms, combined with the vast resources offered by a larger organization.
A Combined Team of Experts
Cherry Bekaert, with years of experience in the government contracting sector, brings a wealth of insight regarding compliance and operational efficiency. Their engaged team encompasses former contractor chief financial officers, controllers, and auditors, ensuring a breadth of knowledge in navigating complex regulatory mechanisms such as the Federal Acquisition Regulation (FAR) and Generally Accepted Government Auditing Standards (GAGAS). As Cherry Bekaert leverages this knowledge, clients can expect enhanced operational processes tailored to meet their regulatory obligations.
About Cherry Bekaert
Founded over 25 years ago, Cherry Bekaert stands as one of the largest assurance, tax, and advisory firms in the U.S. Their commitment goes beyond mere numbers; they strive to develop meaningful relationships with clients across various industries, both domestically and internationally. They operate under two distinct entities: Cherry Bekaert LLP, a licensed CPA firm that delivers attest services, and Cherry Bekaert Advisory LLC, which provides business advisory and non-attest solutions, including transaction advisory, risk assessment, and cybersecurity services.
As a member of Allinial Global—a network dedicated to accountancy and business advisory services—Cherry Bekaert is devoted to continuous growth and excellence. Their approach to client relationships is characterized by a commitment to understanding industry dynamics while fostering collaborative success.
Frequently Asked Questions
What does the acquisition of Jameson & Company mean for Cherry Bekaert?
The acquisition allows Cherry Bekaert to enhance its capabilities in government contracting, providing clients with informed solutions grounded in compliance and operational efficiency.
Who is Ed Jameson?
Ed Jameson is the Managing Partner at Jameson & Company CPAs, who has expressed excitement about the merger and its potential to deliver value to clients through expanded resources.
How does Cherry Bekaert support government contractors?
Cherry Bekaert offers specialized services, including compliance guidance, accounting solutions, and advisory services tailored to government contracts.
What types of services does Cherry Bekaert provide?
Cherry Bekaert provides a range of services, including auditing, tax consulting, risk management, and digital solutions, ensuring comprehensive support for their clients.
What is the history of Cherry Bekaert?
Cherry Bekaert has over 25 years of experience in the accounting and consulting field, establishing a strong reputation while growing its client base and service offerings.
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