06-06-2025
Aprio expands in US with addition of OCS and Nextfed
Aprio, a US business advisory and accounting firm, has announced the acquisition of O'Connor Consulting Services (OCS).
The addition of OCS to Aprio's portfolio on 1 June 2025 brings a wealth of experience in nonprofit business advisory and interim outsourcing services to the firm.
OCS, established in 1999 and based in the Washington, D.C. area, specialises in a range of services including interim CFO and controller services, finance department assessments, and strategic planning.
The integration of OCS's four partners and 25 professionals into Aprio's team will bolster the firm's existing nonprofit advisory services.
OCS president and founder Kathy O'Connor will lead Aprio's nonprofit consulting practice together with OCS vice president Trina Gallaher.
Kathy O'Connor said: 'Since day one, our goal at OCS has been to become a trusted advisor to each and every client while providing our seasoned team members the opportunity to grow and thrive.'
'Joining Aprio enables us to continue to deliver on this commitment, while expanding the ways we can help them fulfil their mission. This combination is a win for our clients, our team, and our future.'
Aprio already offers outsourced accounting and strategic tax and assurance solutions, and with OCS's expertise, it will now provide a more comprehensive suite of services to nonprofit organisations.
Aprio's expanded capabilities will serve a diverse array of nonprofit entities, from grassroots initiatives to international NGOs, in key markets such as Washington, D.C., Chicago, and New York.
The firm has a team of nearly 100 professionals dedicated to the nonprofit sector, ensuring financial reporting, compliance maintenance, and maximisation of mission impact amidst complex regulatory demands.
The McLean Group advised OCS during the acquisition process.
Besides, Aprio has acquired Nextfed, a US-based strategy consulting and M&A advisory firm with a background in the commercial aerospace, defence, and government services sectors.
Nextfed, established in 2011 by former National Security community leaders, offers planning, M&A advisory, and corporate transformation services, among others.
The firm's executive team, including Aaron Myers, Timothy Reardon, Josh Myers, and Brian Sweeney, will join Aprio as partners in the Aerospace Defense & Government Advisory practice.
Aprio CEO Richard Kopelman said: 'Nextfed's team brings a rare combination of government, aerospace, and commercial knowledge, and strategic foresight.'
'Their experience strengthens Aprio's ability to serve clients in the defence, aerospace, and government contracting sectors with integrated, forward-looking solutions.'
In April 2025, Aprio also acquired SND Partners, an accounting firm in the San Francisco Bay Area, engaging in affordable housing tax credit and housing and urban development audits.
"Aprio expands in US with addition of OCS and Nextfed" was originally created and published by International Accounting Bulletin, a GlobalData owned brand.
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