Centri scores $20M credit facility from Citizens Financial

What's the deal? Centri Business ConsultingDealroom has a profile for this one. Try Dealroom →, a Philadelphia-based advisory firm, has secured a $20M credit facility from Citizens Financial Group. The firm plans to use the capital for acquisitions, talent investments, and geographic expansion.

Centri chief executive officer Michael Aiello said the facility "gives us the financial resources to keep building the way we always have, with intention and an unrelenting focus on quality."

The firm reported $48.85M in annual revenue, with 16 partners, 180 employees, and eight offices across the US in cities including Philadelphia, New York, Atlanta, Boston, and Denver. It was founded in 2011.

Why now? Centri described the credit facility as funding for the "next phase of its strategic growth plan." The firm is targeting acquisitions that deepen its capabilities, key leadership and partner hires, and expansion of its service offerings — a playbook common among mid-market advisory firms looking to scale.

What could go wrong? Debt-fuelled acquisition strategies carry execution risk. Integrating new firms and talent while maintaining service quality is notoriously difficult in professional services. If deal targets don't materialise or integrations stumble, the leverage could become a burden rather than an accelerant.

The signal: Centri's "breakout" growth stage classification on Dealroom underscores why lenders like Citizens are keen to back mid-market advisory firms at this inflection point. As accounting and consulting consolidation intensifies, regional players with nearly $49M in revenue and a clear acquisition playbook are increasingly securing institutional capital to compete — a trend that is reshaping the professional services landscape from the top down.

Read more: accountingtoday.com