Frazier & Deeter acquires Copeland Buhl

Frazier & Deeter acquired Copeland Buhl, marking the Top 50 Firm’s first expansion into the Midwest.

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Copeland Buhl is an accounting and advisory firm based in Minneapolis with 15 partners and approximately 125 employees. It services emerging and mature businesses and high-net-worth clients. Terms of the deal were not disclosed.

“We are excited to welcome the Copeland Buhl team to Frazier & Deeter and to officially establish our first Midwest presence in the Minneapolis-St. Paul area,” Frazier & Deeter CEO Jeremy Jones said in a statement Monday. “The Twin Cities represent a vibrant, growing marketplace with strong business fundamentals and an exceptional talent pool. This acquisition aligns with our long-term growth strategy to serve markets where people want to work and live, and strengthens our ability to deliver exceptional service to clients nationally while continuing to invest in local markets.” 

Frazier & Deeter, based in Atlanta, ranked No. 45 on Accounting Today‘s 2026 Top 100 Firms list. It reported $198 million in revenue, with 101 partners and over 800 total employees across 11 offices. In April 2025, the firm received an investment from private equity firm General Atlantic.

“Joining Frazier & Deeter creates tremendous opportunity for our clients and our people,” Nate Lilleodden, managing partner of Copeland Buhl, said in a statement. “We are thrilled to join a firm that shares our deep commitment to client service, quality and long-term relationships. Becoming part of FD gives our team access to broader resources, expanded service capabilities and a global platform while allowing us to continue serving the Twin Cities marketplace we love and know so well.”