Aprio Expands Federal Contractor Services with CAVU Advisors Acquisition
Event summary
- Aprio acquires CAVU Advisors, a 2005-founded firm specializing in federal contractor advisory services.
- CAVU's team, including President Nicole Trimble and Chief Sales Officer Mike Kalnasy, joins Aprio as partners.
- Aprio's presence in the D.C., Maryland, and Virginia region grows to nearly 400 professionals.
- The acquisition follows Aprio's 2022 purchase of Aronson and 2025 acquisitions of Nardone, Pridgeon & Company, P.A., Nextfed, Inc., and O'Connor Consulting Services.
- Aprio now manages $5.5B in assets under management with over 3,000 team members.
The big picture
Aprio's acquisition of CAVU Advisors underscores the firm's strategic focus on deepening its capabilities in the federal contracting sector, a market characterized by complex regulatory environments and high-stakes procurement processes. The deal follows a pattern of targeted acquisitions aimed at scaling Aprio's presence in key regions and industries, reflecting broader trends of consolidation in the professional services sector. With $5.5B in assets under management and a growing team of over 3,000 professionals, Aprio is positioning itself as a one-stop shop for federal contractors seeking integrated advisory and accounting services.
What we're watching
- Integration Challenges
- How Aprio will assimilate CAVU's specialized federal contractor expertise into its broader platform.
- Market Consolidation
- Whether Aprio's aggressive acquisition strategy can sustain its position as a top-20 advisory firm.
- Geographic Expansion
- The pace at which Aprio will extend its federal contractor services beyond the D.C., Maryland, and Virginia region.
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