Aprio acquires Mangold Anker Phillips, PLLC to enhance business advisory services in Austin, Texas
Feb 06, 2025•10 months ago
Acquiring Company
Aprio
Acquired Company
Mangold Anker Phillips
Description
Aprio, the 25th largest business advisory and accounting firm in the U.S., has acquired Mangold Anker Phillips, PLLC (MAP), a tax, accounting, and business advisory services firm based in Austin, Texas. This acquisition enhances Aprio's presence in Austin, adds new capabilities, and positions the firm to deliver even greater value to clients across the region, especially in key industries such as real estate and construction, manufacturing, professional services, and auto dealerships.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed