M&A

Platform Accounting Group enters South Carolina with Hultquist deal

What's the deal? Platform Accounting GroupDealroom has a profile for this one. Try Dealroom → has acquired The Hultquist FirmDealroom has a profile for this one. Try Dealroom → in Greenville, South Carolina, which will rebrand as Milestone Advisors. Milestone is a tax, accounting, and advisory firm serving individuals and small to mid-sized businesses.

Why South Carolina? The deal marks Platform's first acquisition in the state and widens its footprint across the Southern US.

Who's buying? Holladay, Utah-based Platform ranked No. 41 on Accounting Today 's 2026 Top 100 Firms list. It reported $215.7 million in revenue, with more than 1,100 employees across over 50 offices.

What changes? Milestone's team gains Platform's backing while keeping its client base. "Joining Platform is a natural evolution for our firm," said Mat Hultquist, principal of Milestone Advisors, adding that it unlocks "new growth opportunities for our employees."

Why now? Platform has been acquiring firms steadily. In May 2026, it added Burke & Associates CPAs in Massachusetts and Accounting Specialists in Florida; in February 2026, Smeriglio Associates in Connecticut; and in January 2026, Riibner and Associates in Maryland.

The money behind it: In February 2024, Platform completed an $85 million funding round led by Salt Lake City's Cynosure Group.

The signal: Backed by outside capital, Platform is rolling up regional accounting firms to build national scale — with the South Carolina move extending that consolidation into a new state.

Read more: Accounting Today

Image credit: infomatique

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