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News » Baker Tilly acquires 115-year-old Southeast U.S. accounting firm Hancock Askew

Baker Tilly acquires 115-year-old Southeast U.S. accounting firm Hancock Askew

Photo from Hancock Askew

GEORGIA, UNITED STATES — Global advisory provider Baker Tilly will enhance its presence in the Southeast U.S. with the acquisition of accounting firm Hancock Askew & Co., LLP.

The merger combines Baker Tilly’s international reach with Hancock Askew’s deep-rooted regional expertise across Georgia and Florida.

“The Southeast is a vital region for businesses of all sizes,” said Fred Massanova, Baker Tilly’s chief growth officer and managing principal – Eastern U.S. 

“Hancock Askew’s longstanding commitment to client service and deep regional expertise make them an outstanding fit for Baker Tilly as we continue expanding our capabilities in this market.”

Regional impact and leadership transition

While terms of the acquisition were not disclosed, the deal will bolster Baker Tilly’s presence in the Southeast as Hancock Askew adds six locations across Georgia and Florida, including key markets like Savannah, Atlanta, Augusta, Tampa, Jacksonville, and Orlando.

Michael McCarthy, currently managing partner at Hancock Askew, will become managing principal for Baker Tilly operations in Georgia and Florida.

“This combination reflects our shared vision of delivering exceptional value and measurable results,” McCarthy said

“Joining Baker Tilly provides new opportunities for our clients and team members while preserving the commitment to quality and service that has defined Hancock Askew for decades.”

Global reach meets regional expertise

Baker Tilly operates within a large global network of 143 territories. It has a total of 43,500 professionals working worldwide, with combined revenues of $5.62 billion. It has a robust presence in all the major financial centers, such as New York, London, San Francisco, Los Angeles, Chicago, and Boston.

Hancock Askew is a professional services firm established in 1910. It brings over 250 professionals to the merger, offering comprehensive services, including tax, audit, accounting, risk assurance, SOC examinations, and ISO certifications. Their client portfolio ranges from emerging businesses to large corporations and publicly traded companies.

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