Ascend Expands in Pennsylvania with Kreischer Miller

Short summary

Ascend, a PE-backed accounting platform launched in 2023 with Alpine Investors backing, has added Kreischer Miller, a Horsham, PA-based IPA 200 firm with $55.6M in FY24 revenue. The deal brings 22 partners and ~220 staff to Ascend's platform, expanding its presence in the Greater Philadelphia market. Kreischer Miller's CEO emphasized cultural preservation and continued investment in people and technology as key motivations for the partnership.

• •Ascend acquires Kreischer Miller, adding 22 partners and ~220 staff
• •Kreischer Miller had FY24 net revenue of $55.6M serving Greater Philadelphia
• •Ascend is PE-backed by Alpine Investors, launched January 2023

Generated with AI, which can make mistakes.