CPA plans more than $500m acquisitions investment
Summary by International Accounting Bulletin
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CPA plans more than $500m acquisitions investment
Crete Professionals Alliance (CPA), an accounting platform supported by Thrive Capital, is looking to invest more than $500m to acquire US-based accounting firms over the next two years. The initiative aims to implement OpenAI-powered AI technology to increase operational efficiency, reported Reuters citing company executives. Established in 2023, CPA has rapidly expanded, now reporting more than $300m in annual revenue and incorporating more th…
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