Platform Accounting Group (PAG), which operates in Salt Lake City and New York, has raised $355 million in a growth equity round, according to a October 20 report. The funding round was led by Treville Capital Group and marks one of the largest fintech growth equity rounds in the United States.
The capital is intended to fuel the company's expansion strategy, which includes acquiring more firms, broadening service offerings, and investing in talent and technology. Founded in 2015 by chief executive officer Reyes Florez, PAG manages a network of regional offices that serves over 50,000 clients across tax, audit, advisory, and wealth management sectors. The company has already completed more than 65 acquisitions.
The investment round included participation from several entities, including Vista Credit Partners, Siguler Guff, Aquiline, and Brightwood Capital Advisors, as well as existing backer The Cynosure Group. Treville partner Dan Bailey joined the PAG board alongside Barry Salzberg, the former global chief executive officer of Deloitte and a Thomson Reuters board member. Additionally, PAG recently named Johanna Nielsen as chief financial officer to manage growth initiatives, capital planning, and financial strategy.
The financing comes during a period of increased consolidation within the accounting sector. Capstone Partners reported a record 194 deals in 2025, while financial buyers have been taking a rising share of the market in 2026. Dan Bailey stated that the company has built a scalable operating model and a strong reputation with firm owners across the country.
