Aprio, the 20th-largest business advisory and accounting firm in the US, has agreed to acquire Price Kong, a Phoenix-based accounting and advisory firm, expanding its Arizona footprint and adding capabilities in the cannabis sector. The transaction takes effect on 1 June 2026 and brings Price Kong's accounting, audit and advisory capabilities alongside Aprio's existing legal practice in the Arizona market. The deal also marks Aprio's entry into cannabis sector advisory. Founded in 1967, Price Kong has spent nearly six decades advising entrepreneurs and businesses across construction, dental, healthcare, real estate, technology and other growth-oriented industries in Phoenix. The firm was among the first to offer accounting services to the cannabis industry, helping operators and ancillary businesses navigate regulatory, tax and financial challenges for more than ten years. Price Kong has more than 40 professionals, including managing partner Ross Dietrich and five additional partners. Aprio entered the Phoenix metro market in early 2025 with the launch of Aprio Legal, a full-service alternative business structure law firm. The acquisition is the latest in a sequence of growth moves that includes the addition of CAVU Advisors in Columbia, Maryland; expansion into Portland, Oregon; the addition of a state and local tax team in Denver; and the launch of Aprio Global to serve clients with cross-border tax, accounting and advisory needs. Commenting on the transaction, Richard Kopelman, chief executive of Aprio, says: "Our goal is to be the firm that Arizona's most ambitious entrepreneurs and business leaders turn to when navigating a growth opportunity, a complex transaction, managing regulatory risk, or building toward an exit." Ross Dietrich, managing partner of Price Kong, adds: "Our team has spent decades building deep experience in complex and fast-moving industries, and by joining Aprio, we are able to pair that specialisation with broader capabilities and deeper resources." Aprio has more than 3,000 team members serving clients in over 50 countries and US$5.5 billion in assets under management.
