Company Snapshot

• Year Founded: 1947
• Headquarters Location: 3800 Glenwood Ave, Ste 200, Raleigh, North Carolina, 27612, United States
• Ownership: Private; Parthenon Capital has invested in business advisory practices
• Key Executives: Michelle Loyd Thompson (Chief Executive Officer, Cherry Bekaert Advisory LLC), John T. Jobe V (Chief Executive Officer, Cherry Bekaert LLP)
• Number of Locations: Over 25 offices; approximately 2,500 employees
• Public Contact: Main phone: (919) 782-1040; Contact form available on website

Company Overview

Cherry Bekaert is a nationally ranked accounting and professional services firm specializing in tailored advisory, tax, assurance, and digital consulting solutions for middle-market businesses, fast-growing organizations, and multi-location enterprises. The firm leverages more than 75 years of expertise and over 2,500 professionals to help clients navigate complex business, financial, and regulatory environments—making it a strategic partner for franchise systems seeking scalable operational support and compliance.

Services Offered

• Comprehensive tax planning, preparation, and compliance services, including franchise-specific state and local tax guidance
• Audit and assurance for franchise groups and regulated industries
• Business advisory, CFO advisory, mergers \& acquisitions, and transaction services aimed at multi-location and franchise businesses
• Digital consulting, including ERP systems, finance modernization, and data analytics to support efficient, technology-enabled franchise operations

Value Proposition

• Industry Specialization: Serves a broad spectrum of industries, with targeted expertise in retail, hospitality, healthcare, manufacturing, government services, private equity, and franchises.
• Key Benefits: Delivers finance modernization for CFOs, scalable audit and compliance solutions, and integrated digital transformation to streamline franchise operations and reporting.
• Franchise Expertise: Supports dozens of multi-unit operators and franchise networks; regularly addresses franchise business issues (e.g., tax and regulatory changes) through webinars and industry content; leadership team includes professionals with direct franchise and multi-location client experience.