Private equity firm TPG invests undisclosed sum to accelerate expansion and AI adoption at regional tax and advisory practice.
Alternative asset manager TPG has agreed to a significant investment in Smith + Howard, a U.S. accounting, tax, and advisory firm. Financial terms were not disclosed, with capital deployed through TPG Growth, its middle-market and growth equity platform.
Smith + Howard, which employs 800 staff across seven states, has expanded through organic growth, acquisitions, and technology investments. The firm plans to use TPG’s proceeds to bolster infrastructure, talent, and client services while accelerating AI adoption to streamline operations.
The deal preserves Smith + Howard’s brand and leadership team, with TPG partner Max Wein citing the firm’s strong client relationships and consistent growth as key attractions. The partnership aims to support long-term expansion into a national professional services platform.