Aprio acquires Waldron Rand in Massachusetts

Aprio acquired Waldron H. Rand & Co. in Dedham, Massachusetts, effective June 1.

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Waldron Rand serves closely held businesses, high-net-worth individuals, real estate investors and nonprofit organizations across the Greater Boston area. The firm adds 70 professionals and 12 partners to the Aprio team and expands the Top 25 Firm’s presence as a multidisciplinary firm in the region. 

The deal includes Rand & Sweet, a client accounting services firm that provides technology-enabled support to owner-managed businesses. It also adds in-house legal capabilities through a separate alternative practice structure within the firm.

“Our talented team has built an incredibly special firm, and now they have access to resources, career paths, and opportunities that come with being part of a firm at Aprio’s scale,” Rick Dlugasch, managing shareholder of Waldron Rand, said in a statement. “And for our clients, it means we can deliver expanded capabilities to help them grow. I’m excited about where we will go together.”

Waldron Rand is one of the oldest accounting firms in the U.S. It was founded in 1912 by Waldron Rand, a founding member and president of the Massachusetts Society of CPAs and of the predecessor organization to the American Institute of CPAs. 

“Waldron Rand was founded by the leaders who helped shape the accounting profession in the U.S., and they have spent over a century honoring that. We are proud that they chose Aprio to carry that legacy forward,” Aprio CEO Richard Kopelman said in a statement. “Together, we are bringing a new kind of firm to Greater Boston, one where clients experience accounting, advisory, audit, tax, wealth, and legal fully integrated into one team. Aprio is building this kind of firm across the Northeast, and Greater Boston is a cornerstone.”

Aprio, based in Atlanta, ranked No. 20 on Accounting Today‘s 2026 Top 100 Firms list. It reported $616 million in revenue, with 294 partners and over 3,100 staff across 37 offices.

The firm received a private equity investment from Charlesbank Capital Partners in 2024. The following year, it launched Aprio Legal as part of a growing trend of accounting firms taking advantage of an Arizona law to create “alternative business structure” law firms.

Aprio has rapidly expanded through acquisition in recent years. Most recently, it added Pennsylvania firm Isdaner & Company this month. In May, it acquired Price Kong, expanding its Arizona presence and marking its entry into the cannabis industry; and In January, it added two Oregon firms, Delap and Hoffman, Stewart & Schmidt. In 2025, it added Mize CPAs and Prism Financial Group, RSM US’s Professional Services+ practice, JMS Advisory Group in Atlanta, and AI accounting assistant platform TimeCredit. 

In previous years, it acquired Ridout Barrett & Co. CPAs & Advisors, Antares Group, Culotta, Scroggins, Hendricks & Gillespie, Aronson, Salver & Cook, Gomerdinger & Associates, Tobin & Collins, Squire + Lemkin, LBA Haynes Strand, Leaf Saltzman, RINA and Tarlow and Co.