Cherry Bekaert Acquires Calvetti Ferguson, Expanding Texas and Nashville Presence

Cherry Bekaert, a prominent national professional services firm, has completed the acquisition of Calvetti Ferguson, P.C., a Houston-based accounting and advisory firm with additional offices in Dallas/Fort Worth, San Antonio, and Nashville, Tennessee. The deal, announced on June 1, 2026, involves an undisclosed transaction value and is expected to significantly enhance Cherry Bekaert's operational footprint in Texas while reinforcing its presence in the Nashville market.

Founded in 2003, Calvetti Ferguson specializes in serving middle-market clients across various sectors, including real estate, construction, energy, oil and gas, private equity, venture capital, financial services, manufacturing, and technology. The acquisition is poised to bolster Cherry Bekaert's capabilities by integrating Calvetti Ferguson's talent and industry expertise, thereby enabling the combined firm to deliver digitally driven, industry-aligned solutions. This strategic move aligns with Cherry Bekaert's ongoing investment strategy aimed at expanding its reach and service offerings in key markets.

The transaction includes the acquisition of both nonattest and attest assets from Calvetti Ferguson, with Cherry Bekaert Advisory LLC acquiring the nonattest assets and Cherry Bekaert LLP taking on the attest assets. This dual acquisition structure allows Cherry Bekaert to enhance its service delivery across its advisory and audit practices, further solidifying its position as a comprehensive service provider in the accounting and advisory sector.

The integration of Calvetti Ferguson into Cherry Bekaert is expected to create significant synergies, particularly in the areas of real estate, energy, private equity, and financial services. The cultural alignment between the two firms, characterized by a people-first mindset and a commitment to quality, is anticipated to facilitate a smooth transition and foster collaboration among teams. This merger not only expands Cherry Bekaert's geographic reach but also enhances its scale and service capabilities in high-demand sectors.

Looking ahead, the acquisition reflects broader trends in the professional services industry, where firms are increasingly pursuing strategic mergers and acquisitions to enhance their competitive positioning and service offerings. As the market continues to evolve, the integration of Calvetti Ferguson is expected to enable Cherry Bekaert to better serve its clients and capitalize on growth opportunities in the Southwest and Mid-South regions. This transaction underscores the importance of adaptability and strategic alignment in navigating the complexities of the current economic landscape.