Cherry Bekaert Acquires Sansiveri, Strengthening New England Presence and Expanding Client Capabilities

Cherry Bekaert (the Firm) today announced the acquisition of the business of Sansiveri, Kimball & Co., LLP (Sansiveri), a Rhode Island-based accounting and advisory firm serving clients throughout Rhode Island and the broader New England region.

The acquisition strengthens Cherry Bekaert's presence and advances the Firm's continued growth strategy by expanding its reach in key New England markets. With approximately 60 professionals joining the organization, Sansiveri brings established local leadership, strong client and referral relationships, and recognized experience serving clients in the construction, real estate, manufacturing, nonprofit, healthcare, and professional services sectors.

Founded on a commitment to trusted relationships, exceptional client service, and a people-first culture, Sansiveri has built a strong reputation across the region. Cherry Bekaert and Sansiveri share a belief that long-term success is built on quality, trust, and delivering meaningful value to clients. The acquisition builds on those shared strengths while expanding the resources, capabilities, and opportunities available to clients and team members.

"This acquisition reflects our commitment to strategic growth through partnerships with firms that share our values, culture, and client-first mindset," said Michelle Thompson, Chief Executive Officer of Cherry Bekaert Advisory LLC. "Sansiveri has built an outstanding reputation based on trusted relationships and exceptional service. Together, we are strengthening our position in New England, expanding opportunities for our people, and enhancing our ability to deliver the industry-focused solutions and advisory capabilities our clients need to succeed."

Jason DaPonte, Managing Partner of Sansiveri, said, "Joining Cherry Bekaert creates exciting opportunities for our clients and our people. We were seeking a partner that shares our commitment to relationships, service excellence, and client success. Cherry Bekaert's culture, values, and vision for growth align closely with our own, making this a natural fit. Together, we will be able to provide broader resources and capabilities while preserving the client experience and culture that have always been central to who we are."

The acquisition further supports Cherry Bekaert's strategy of expanding its geographic reach, strengthening industry capabilities, and investing in talented professionals who enhance the Firm's ability to serve middle-market clients across the country.

As part of the transaction, Cherry Bekaert Advisory LLC will acquire Sansiveri's nonattest assets while Cherry Bekaert LLP will acquire Sansiveri's attest assets.