UHY merges in RBT CPAs

UHY has added RBT CPAs LLP, expanding the Michigan-based Top 50 Firm’s presence to New York’s Hudson Valley and bolstering its nascent wealth management practice.

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RBT, based in Newburgh, New York, earned nearly $50 million in annual revenue. The deal adds 175 professionals, including 23 partners, and five offices to the firm. UHY, based in Farmington Hills, Michigan, ranked 26th on Accounting Today‘s 2026 list of the Top 100 Firms, with $471.18 million in annual revenue, 200 partners, 1,888 employees and 37 offices. Financial terms of the deal were not disclosed. 

RBT offers audit, tax, consulting, wealth management, and transaction advisory services. It’s often recognized as one of the Best Companies to Work for in New York.

The deal extends UHY’s existing footprint in the Empire State. “They’ve got five offices throughout the Hudson Valley, so when you combine that with our existing presence in New York, that takes us from Manhattan through Long Island, with deep penetration of the Hudson Valley up to Albany and into Saratoga, so it really makes for quite a dynamic footprint,” UHY CEO Steven McCarty told Accounting Today.

He had been in talks with RBT CEO and managing partner Michael Turturro for several years about a possible combination. 

“We have built a firm that our clients and communities trust, and we did that by establishing a client-centric culture where our people could thrive,” Turturro said in a statement Monday. “It was clear that UHY shares those values. Their culture of entrepreneurship, focus on the middle market, and commitment to personalized client service, mirrors who we are at RBT. This combination will give our team access to expanded resources and capabilities while allowing us to continue doing what we do best — delivering outstanding, relationship-driven accounting and advisory services to the businesses and individuals who count on us every day.” 

The deal will greatly add to UHY’s wealth management practice, which launched in January, and put the firm on Accounting Today‘s list of Wealth Magnets. “We really formalized everything and went to market, and we quickly amassed a little over a billion under management, just serving the existing vein of clients we have,” said McCarty. “As part of RBT, we get some real dynamic wealth professionals that can serve our Northeast regions and likely our Mid-Atlantic region. Together with their assets under management, they’ll put us probably over $1.5 billion since January, which is a pretty good run, I’d say.”

UHY secured a private equity investment from Summit Partners in November 2024, setting off a wave of M&A activity.  In February of this year, it added Larson Tax Partners in St. Louis and CMJ in Queensbury, New York. In 2025, it expanded in the St. Louis area, adding Sabino & Co. and Botz Deal & Co. That year it also acquired Tama, Budaj & Raab in Michigan. Prior to its PE investment, it added Paresky Flitt & Co. in Massachusetts; Baird, Cotter & Bishop PC in Michigan; Ross, Langan & McKendree in Virginia; Jansen Valk Thompson Reahm in Michigan; LWBJ in Iowa; and TGM Group LLC and Stoy Malone, both in Maryland. 

The firm has also been growing organically. “Our first priority is robust organic growth,” said McCarty. “That’s the first pillar of the strategic plan.”

UHY is focusing on becoming the go-to middle-market CPA firm for talent and clients, while expanding in markets such as South Carolina, Tennessee and Ohio. “Our partnership with Summit has allowed us that strategic acceleration of doing more of what we were already doing,” said McCarty.

“I know we picked the right partner,” he added. “We were heavily sought after, but Summit has a peak performance group, which we align really well with. They’ve helped us with our AI strategy. They’ve continued to lean in on our go-to market strategies, and also our inorganic piece, helping us with our combinations as well.”

McCarty is looking to expand the firm further in markets such as the Southeast and the Texas Gulf Coast.

Courtesy of UHY

UHY has been leveraging AI more at the firm. “We’ve evolved quickly from a fast follower to a market leader,” said McCarty. “That’s what we hear from other firms around the country.”

The firm has been partnering with AI technology companies on its assurance practice and is expanding its AI training around the country this year. It’s also looking to expand its cyber services.

“We’re integrators, not aggregators,” said McCarty. “We see a lot of firms that seem to be aggregating business, and I expect their name to change in the future. We’re building a long-term middle-market player here at UHY. We think a lot about legacy and preserving our great culture.”

He sees the combination with RBT as a way to make the firm into the most comprehensive accounting and advisory offering in the state of New York. He recently spent three days with a group of the firm’s emerging leaders.

“It’s a great time to be in public accounting, and it’s an even better time to be at UHY,” said McCarty. “I think AI has the potential to level the playing field, so to speak, amongst professionals, because we’re all going to get tremendous business insights from the technology, but it’s in the art of the delivery and it’s in the art of how you care for the client, and that’s what I’m most excited about.”