Top 30 accounting firm Aprio said Wednesday it has acquired Nextfed, an Arlington, VA-based strategy consulting and M&A advisory firm with experience in the commercial aerospace, defense, and government services sectors.
Financial terms of the deal weren’t disclosed. Nextfed executives Aaron Myers, Josh Myers, Timothy Reardon, and Brian Sweeney are joining Aprio as partners and members of the firm’s Aerospace Defense and Government Advisory practice.
The move establishes a second Washington, D.C. metro area location for Atlanta-based Aprio, alongside its existing office in Rockville, MD.
“Nextfed’s team brings a rare combination of government, aerospace, and commercial knowledge; and strategic foresight,” Aprio CEO Richard Kopelman said in a statement. “Their experience strengthens Aprio’s ability to serve clients in the defense, aerospace, and government contracting sectors with integrated, forward-looking solutions.”
Founded in 2011 by former senior members of the national security community, Nextfed has built a reputation for delivering high-impact strategic counsel to both public- and private-sector clients navigating complex mission environments across the national security landscape and commercial aerospace ecosystem.
Nextfed’s capabilities span strategic planning, M&A advisory, business development, proposal strategy, and corporate transformation—including post-merger integration. Their client-centric approach is further enhanced by a network of approximately 200 senior advisors, many of whom are former senior government officials and procurement leaders.
“Joining Aprio enables us to scale our impact while preserving the high-touch, tailored advisory partnership approach our clients value,” said Aaron Myers, a managing partner at Nextfed. “Together, we’re positioned to deliver even greater value to clients navigating growth and rapid transformation.”
“We are excited about the powerful combination with Aprio and recognize the significant value this opportunity will create for our clients,” added Reardon, a managing partner at Nextfed. “The men and women on our team bring deep experience across the Department of Defense, intelligence community, federal civilian community, and commercial sector and will thrive within Aprio’s collaborative culture. We look forward to leveraging this opportunity to deliver unparalleled value to our clients with the same dedication, integrity, and impact that have always defined our work.”
Aprio announced last July that it was receiving private equity backing from Boston-based investment firm Charlesbank Capital Partners. Since then, the accounting firm has gone on an acquisition spree, picking up JMS Advisory Group in Atlanta; Mangold Anker Phillips in Austin, TX; Nardone, Pridgeon and Co. in Baltimore; KRD and Burkett & Beattie in Chicago; cybersecurity firm Securitybricks; Denver-based combinations with Pontiff + Associates and Elite Tax & Accounting; and SND Partners in Lafayette, CA.
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