Cherry Bekaert Acquires Rhode Island Firm Sansiveri
The deal adds about 60 professionals to Cherry Bekaert's New England presence through its acquisition of Sansiveri, Kimball & Co. LLP.
Updated on Nov. 2, 2026 in Healthcare
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Cherry Bekaert has acquired Sansiveri, Kimball & Co. LLP, a Rhode Island-based accounting firm serving construction, real estate, manufacturing, nonprofit, healthcare and professional services clients. Cherry Bekaert Advisory LLC will acquire Sansiveri's nonattest assets, and Cherry Bekaert LLP will acquire its attest assets.
Why it matters
The acquisition expands Cherry Bekaert's footprint in New England and adds roughly 60 professionals to its regional operations. It continues a pattern of growth for the firm since its 2022 private equity investment from Parthenon Capital.
The acquisition adds approximately 60 professionals to Cherry Bekaert, which reports $764 million in revenue, over 3,000 staff and 58 offices and ranks No. 17 on Accounting Today's Top 100 Firms list. The deal's financial terms were not disclosed.
The players
Cherry Bekaert
Cherry Bekaert is a U.S. accounting and advisory firm that has grown through a series of acquisitions since its 2022 private equity investment from Parthenon Capital.
Sansiveri, Kimball & Co. LLP
Sansiveri, Kimball & Co. LLP is a Rhode Island-based accounting firm serving clients in construction, real estate, manufacturing, nonprofit, healthcare and professional services.
Parthenon Capital
Parthenon Capital is a private equity firm that invested in Cherry Bekaert in 2022 and has backed the firm's subsequent acquisitions.
The details
Cherry Bekaert Advisory LLC will acquire Sansiveri's nonattest assets, while Cherry Bekaert LLP will acquire its attest assets. Sansiveri serves clients across construction, real estate, manufacturing, nonprofit, healthcare and professional services sectors.
Timeline
2022: Parthenon Capital made a private equity investment in Cherry Bekaert.
June: Cherry Bekaert merged with Calvetti Ferguson in the Southwest.
November 2, 2026: The Sansiveri acquisition was announced.
Market Landscape
Cherry Bekaert has completed over a dozen deals since Parthenon Capital's 2022 investment, and the Sansiveri acquisition extends that run into New England. The move follows the firm's June merger with Calvetti Ferguson in the Southwest and reflects continued consolidation among mid-sized accounting firms.
Clients of Sansiveri in construction, real estate, healthcare and other sectors will be served by Cherry Bekaert's larger platform after the transition. Attest and nonattest work will be handled by separate Cherry Bekaert entities.
The takeaway
Mid-sized accounting firms are increasingly combining through acquisition to broaden regional reach and service lines. Business owners working with Sansiveri should expect their engagements to shift to Cherry Bekaert's attest and advisory entities.
Further reading
For more on healthcare business activity in the region, see Healthcare coverage on Wisevoter.
Source note: This article includes information reported by Accounting Today.
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