Aprio Acquires Boston's Waldron H. Rand & Co., Adding a Century of Client Service to Its Greater Boston Presence

Aprio, the 20th largest business advisory and accounting firm in the United States, has announced its acquisition of Waldron H. Rand & Company, P.C., a Dedham, Massachusetts-based firm with a rich history spanning over 110 years. The acquisition, effective June 1, 2026, aims to enhance Aprio's service offerings in Greater Boston by integrating Waldron Rand's extensive expertise in accounting, advisory, tax, wealth management, and legal services.

Waldron H. Rand & Company, founded in 1912 by accounting pioneer Waldron H. Rand, has established itself as one of the oldest ongoing public accounting firms in the U.S. The firm has built a strong reputation for serving closely held businesses, high-net-worth individuals, real estate investors, and nonprofit organizations throughout New England. With a team of over 70 professionals, including 12 partners, Waldron Rand has a diverse practice that encompasses areas such as estates and trusts, wealth planning, food manufacturing, and renewable energy.

The strategic rationale behind this acquisition is to create a comprehensive, multi-disciplinary platform that can better serve the evolving needs of clients in the Greater Boston area. Aprio's CEO, Richard Kopelman, emphasized the importance of this combination, stating that it will allow clients to experience fully integrated services across accounting, advisory, audit, tax, wealth, and legal disciplines. This move aligns with Aprio's broader strategy of expanding its footprint in the Northeast, following its acquisition of Sandler & Company, P.C. in 2025, which bolstered its Financial Services practice.

In addition to enhancing Aprio's service capabilities, the acquisition of Waldron Rand also includes Rand & Sweet, a Client Accounting Services practice that provides technology-enabled support to owner-managed businesses. This addition further strengthens Aprio's position in the market by offering in-house legal capabilities, led by Beth Grossman, CPA, Esq., through a separate alternative practice structure. The integration of these services is expected to provide clients with a more holistic approach to their financial and legal needs.

The acquisition of Waldron H. Rand & Company marks another significant milestone in Aprio's growth trajectory, which has included multiple strategic acquisitions across various regions. As Aprio continues to build its presence in the New England market, this transaction underscores the firm's commitment to delivering comprehensive solutions to businesses and families. The broader implications of this acquisition may signal a trend of consolidation within the accounting and advisory sector, as firms seek to enhance their service offerings and adapt to the changing demands of clients in an increasingly complex financial landscape.