Prager Metis Acquired Sherbert CPA
The accounting firm expanded its regional presence by merging with the Charlotte-based practice.
Updated on Oct. 6, 2026 in Corporate Finance
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Prager Metis has acquired the accounting firm Sherbert CPA, integrating its staff into the firm's existing Charlotte office. The move strengthens the firm's expertise in real estate tax credits and construction across the Southeast.
Why it matters
This merger allows Prager Metis to broaden its service portfolio in the Carolinas and solidify its footprint in the regional housing and real estate tax credit sectors. It represents a strategic push to capture more market share within the competitive accounting industry.
Prager Metis operates as a top 75 accounting firm, while Sherbert CPA brings experience from its establishment in 2006 to the combined entity. Financial details of the acquisition remain undisclosed.
The players
Prager Metis
Prager Metis is a top 75 accounting firm based in New York City that provides a full range of financial and consulting services.
Sherbert CPA
Sherbert CPA is an accounting practice that provides tax, consulting, and management services with a specialization in the real estate tax credit industry.
Bill Sherbert
Bill Sherbert is the founder of Sherbert CPA who has joined Prager Metis as a principal following the merger.
Lori Roth
Lori Roth serves as the CEO of Prager Metis and led the recent announcement regarding the corporate acquisition.
The details
The Sherbert CPA team, including founder Bill Sherbert, has relocated to the existing Prager Metis office in Charlotte. The partnership combines operational resources to offer expanded consulting and management services for the affordable housing and construction industries.
Timeline
Sherbert CPA was originally founded in 2006.
Prager Metis acquired Goldsmith Molis & Gray in January 2024.
CEO Lori Roth issued a statement regarding the deal on October 1, 2026.
Market Landscape
This acquisition follows the established industry pattern of larger firms acquiring specialized local practices to bolster niche service offerings. Such moves indicate a broader trend toward consolidation among middle-market accounting firms seeking to maximize regional reach.
Clients of Sherbert CPA will now access the broader resources and service capabilities of a top 75 accounting firm. The move consolidates local expertise into a single office in Charlotte, simplifying service delivery for existing accounts.
The takeaway
Strategic mergers in the accounting sector often prioritize the integration of specialized tax expertise to better serve niche industries. Clients in the real estate and construction sectors should monitor how these service integrations influence their upcoming tax and consulting engagements.
Further reading
For more on industry consolidation, visit the Corporate Finance section.
Source note: This article includes information reported by CPA Practice Advisor.
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