General Atlantic Invests in Accounting Firm Frazier & Deeter

Paul, Weiss is advising General Atlantic on its strategic growth investment in Frazier & Deeter, a globally recognized accounting and business advisory firm. The investment also included the participation of PSP Capital Partners and Aksia. Terms of the transaction were not disclosed.

Following the close of the transaction, Frazier & Deeter will operate in an alternative practice structure. Frazier & Deeter, LLC, a licensed, global CPA firm, will provide attestation services, and Frazier & Deeter Advisory, LLC, will provide business advisory, tax and other non-attestation services. Both entities will be separately owned and governed but will operate under the Frazier & Deeter brand name.

The Paul, Weiss team is led by corporate partners Cullen Sinclair, Matthew Abbott and Matthew Benedetto, and includes partners Suhan Shim, Will Aitken-Davies and Aaron Schlaphoff, and counsel Hein Visser, Judy Kim, Nathan Mitchell, Arik Hirschfeld and Caitlin Kelly; tax partners Reuven Garrett, Cian O’Connor and Lindsay Parks, and counsel Caroline Inker and Adam Parry; intellectual property partner Jonathan Ashtor; antitrust partners Ross Ferguson, Annie Herdman and Marta Kelly, and counsel Chad de Souza; litigation partners Jessica Carey and David Friedman, and counsel Marques Tracy, Audrey Paquet and Pietro Signoracci; executive compensation partner Lawrence Witdorchic and counsel Bruce Goldberger; and environmental counsel William O'Brien.