CMJ Acquired by UHY — Financial Services M&A

UHY, the international accounting network formed in the 1980s through a merger between an Albany firm and a London-based practice, has agreed to acquire CMJ LLP, a Queensbury, New York CPA firm. The add-on transaction also brings two Albany-based professionals and their teams into UHY’s Capital Region operations, expanding the firm’s local advisory footprint. The deal is reported to be valued at more than $100 million, with additional figures cited around $148 million and $10 million components, though specific purchase-price terms were not disclosed.

CMJ LLP provides accounting and business advisory services, including support for mergers and acquisitions and succession planning, while the added Albany practice contributes expertise in similar client-facing areas. The move reflects UHY’s strategy of building scale in the U.S. through targeted acquisitions of regional firms, aiming to broaden access to specialized services for middle-market and closely held businesses across New York and beyond.

Terms of the acquisition were not released, and no closing date was provided in the announcement. UHY’s Capital Region leadership positioned the combination as a continuation of local advisory relationships and professional development, consistent with its prior roll-up activity in the accounting and CPA services sector.