Apella acquiring Blue Spark; Waverly adding MCS; CohnReznick to add Aldrich
Blue Spark is Apella's 30th acquisition since 2014; MCS is Waverly's 37th since a 2021 minority investment.
At a glance
Apella is acquiring Blue Spark at $261 million and Waverly is acquiring MCS Family Wealth Advisors at $151 million.
CohnReznick, the New York tax and consulting firm, announced a mid-December deal to bring in Aldrich CPAs + Advisors, including a wealth practice sized at $8 billion.
Across the three transactions, the reported asset figures total roughly $8.4 billion, with $8 billion in the Aldrich practice and $412 million across the two RIA deals.
Apella is acquiring Blue Spark at $261 million and Waverly is acquiring MCS Family Wealth Advisors at $151 million. Blue Spark is Apella's 30th acquisition since 2014, and MCS is Waverly's 37th since a 2021 minority investment, according to the deal coverage.
CohnReznick, the New York tax and consulting firm, announced a mid-December deal to bring in Aldrich CPAs + Advisors, including a wealth practice sized at $8 billion. The combination adds about 48 partners and more than 500 employees.
| Firm | Transaction | Size |
|---|---|---|
| Apella | Acquires Blue Spark; 30th since 2014 | $261M |
| Waverly | Acquires MCS Family Wealth Advisors; 37th since 2021 | $151M |
| CohnReznick | Mid-December deal to add Aldrich CPAs + Advisors, including its wealth practice | $8B |
Across the three transactions, the reported asset figures total roughly $8.4 billion, with $8 billion in the Aldrich practice and $412 million across the two RIA deals.
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