Investing in our future, today
An ingrained trait of Baker Tilly is a curious, persistent will to see past the horizon, what’s beyond the next curve in the road. We do this for our clients every day. Our people leave nothing left unexplored when it comes to doing things better.
It’s who we are, and the next leg of our journey is exactly this.
On Feb. 5, 2024, we shared news of an important milestone on our path to create the advisory CPA firm of the future, today. Global private equity leaders Hellman & Friedman (H&F) and Valeas Capital Partners have committed to making a significant investment in our firm — the largest private equity investment in the CPA sector to date.
This is a proud moment for us. These esteemed investors recognize how Baker Tilly stands out in our industry and exude confidence in our organization as we become the first advisory CPA firm in their world-class portfolios of incredible companies.
For Baker Tilly, we looked for a like-minded investment partner who believed in who we are and what we do. H&F and Valeas were that and more, starting with a strong strategic alignment and important cultural fit.
Our investors bring a strong capital commitment to accelerate our growth and next-level expertise in important areas like operational systems implementations, technology, complementary workforces and M&A. In line with our strategic priorities, this new investment and structure will help us do three things:
Invest in our people
This strategic investment provides us with a more modern structure that will enhance our ability to attract, retain, engage and reward talent. There'll be more opportunities for more people to expand their careers and expand their knowledge base.
Take our growth to new heights
This investment greatly enhances our ability to grow organically and acquisitively. Our M&A capabilities, now with expanded resources and allocated capital, will help us move on these opportunities as soon as day one.
Advance our technology
Access to more capital allows us to further invest in our numerous large-scale technology transformation projects already underway, as well as future initiatives needed to enhance client offerings and improve how we work, giving us better tools to do a better job for our clients.
All of the above boosts our ability to execute our mission to enhance and protect our clients’ value. We will take full advantage of the additional resources and capabilities to help our clients successfully navigate their business challenges and capitalize on their opportunities.
Over the past five years, we’ve achieved significant growth and have expanded our footprint nationally and internationally, securing us a position as a top 10 advisory CPA firm in the United States. We are in this leading position because of our people.
I’d like to personally thank our talented, passionate team members for positioning us to reach this important milestone. It is because of the work they do for our clients and for our organization that we lead the industry in growth and are a preeminent firm in the middle market.
Thank you to our valued clients for trusting us with their business and for joining us on this journey. With exciting opportunities on the horizon, we look forward to working together to create the advisory CPA firm of the future, today.
Jeffrey L. Ferro
Baker Tilly CEO