Broad Sky Partners, a New York-based private equity firm, has made an investment in Smith + Howard, an Atlanta-based tax, accounting and advisory firm.
Smith + Howard offers its services to middle-market businesses, nonprofits and high-net-worth families. Broad Sky’s investment looks to support Smith + Howard’s growth initiatives, including expanding its advisory services and geographic footprint as well as driving its technology services through acquisitions and strategic investments.
“We see significant tailwinds at the intersection of outsourcing, workforce virtualization, and advisory services,” comments Adam Glucksman, a partner at Broad Sky Partners. “The accounting and financial advisory services landscape is a rapidly evolving space we’ve been watching for a long time. We look forward to working with the talented Smith + Howard team to lead through expanding our service offerings.”
Koltin Consulting Group served as financial adviser. Morrison Cohen LLP served as legal adviser to Broad Sky Partners. Hunton Andrews Kurth LLP served as legal adviser to Smith + Howard.