Cherry Bekaert
| Company type | Limited liability partnership |
|---|---|
| Industry | Professional services (assurance, consulting, financial advisory, tax solutions) |
| Predecessor | Cherry, Bekaert & Holland L.L.P. |
| Founded | 1947 in Wilmington, North Carolina, United States |
| Founder | Harry Cherry |
| Headquarters | Raleigh , United States |
Area served | United States (multiple states including California, Maryland, Virginia, Washington, D.C., Florida, Georgia, North Carolina, Rhode Island, Texas, Tennessee, South Carolina) |
Key people | Michelle Thompson (Firm Managing Partner and CEO) |
| Products | Assurance, consulting, financial advisory, tax solutions |
Number of employees | 1350+ |
| Parent | None |
| Website | www |
Cherry Bekaert (previously known as Cherry, Bekaert & Holland L.L.P.) is a professional services organization headquartered in Raleigh, North Carolina. The firm provides a range of services including assurance, consulting, financial advisory, and tax solutions. Employing more than 1,350 professionals, Cherry Bekaert maintains offices in multiple states such as California, Maryland, Virginia, Washington, D.C., Florida, Georgia, North Carolina, Rhode Island, Texas, Tennessee, and South Carolina.
History
The company was established in 1947 in Wilmington, North Carolina by Harry Cherry. During the early 1950s, Charles Bekaert and William Holland joined the partnership. The firm expanded into the Richmond, Virginia area in 1988 and subsequently shifted its main corporate office from Charlotte to Richmond in 1991.
In February 2013, the firm adopted the name Cherry Bekaert LLP along with the slogan "Your Guide Forward." Michelle Thompson took over as Firm Managing Partner and CEO in May 2018, following Howard Kies’s 27-year tenure.
Growth through targeted acquisitions enhanced both the firm’s geographic reach and service offerings: Powell, Ebert & Smolik (Austin) in 2018; Flieller, Kruger & Skelton (Austin) in 2019; Icimo LLC (a Raleigh-based analytics company) in 2020; PMB Helin Donovan (Austin) also in 2020; and TaxGroup Partners (specializing in private equity and transaction tax advisory in California) in 2021. In 2022, Cherry Bekaert relocated its headquarters to Raleigh.
On June 30, 2022, Parthenon Capital made an investment in Cherry Bekaert’s business advisory segments. The organization continues to operate under the Cherry Bekaert brand name with attest services offered through Cherry Bekaert LLP and business advisory along with non-attest services provided by Cherry Bekaert Advisory LLC.