Platform Accounting Group Secures $355 Million in Strategic Financing for National Expansion
Platform Accounting Group has successfully secured $355 million in strategic growth financing to support its ongoing national expansion and corporate development initiatives. The transaction was led by alternative asset manager Treville Capital Group, marking a major milestone for the Holladay, Utah-based firm as it scales its operations across the country.
Institutional Backing and Investment Partners
The financing round drew participation from a robust group of institutional investors. Alongside Treville Capital Group, participants included Vista Credit Partners, Siguler Guff, Aquiline, and Brightwood Capital Advisors. The Cynosure Group, which previously backed Platform with an $85 million funding round in 2024, also participated in the latest transaction to maintain its support for the growing enterprise.
Founder and Chief Executive Officer Reyes Florez noted that the capital infusion provides the organization with enhanced financial flexibility. According to leadership, the funds will be deployed toward several core strategic objectives:
- Accelerating the company acquisition strategy across new and existing markets
- Expanding specialized service offerings for clients and local communities
- Investing heavily in internal technology infrastructure and professional talent
Board Additions and Leadership Perspectives
As part of the financing agreement, former Deloitte global CEO Barry Salzberg is slated to join Platform Accounting Group’s board of directors. Salzberg currently serves as a strategic advisor to Treville Capital Group.
Dan Bailey, a partner at Treville Capital Group and co-head of Treville Capital Solutions, emphasized the strength of the company operating model. Bailey highlighted that Platform has successfully established a scalable infrastructure and an effective integration framework that appeals to firm owners nationwide. He will also take a seat on the board of directors following the transaction.
Zach Larkin, managing director at The Cynosure Group and an existing board member, commended the executive team led by Florez and President and Chief Operating Officer Tyson Chapman for maintaining a strong commitment to local professionals and clients while scaling the business.
Growth Trajectory and Market Presence
Founded in 2015, Platform Accounting Group has established a significant footprint in the professional services sector. Ranked No. 41 on the Top 100 Firms list, the organization reported $215.7 million in revenue and employs over 1,100 professionals across more than 50 office locations.
The company maintains an active transaction pipeline, having completed more than 65 acquisitions since its inception. Recent additions to its portfolio include regional practices across Florida, Massachusetts, South Carolina, Connecticut, and Maryland, reflecting a steady pattern of geographic expansion.
During the transaction process, Perella Weinberg Partners acted as the financial advisor to Platform Accounting Group, while Parr Brown Gee & Loveless served as legal counsel. Choate Hall & Stewart provided legal counsel to Treville Capital Group.
