Jim DeLeo

Banner graphic celebrating 80 years of success, featuring a large gray number '80' on a light gray background. The 'g³' logo, the orange text 'years in proof.' The design conveys Eighty years is not a milestone It’s proof. Press Release

Gray, Gray & Gray Reaffirms Commitment to Remaining Independent

Canton, MA (December 1, 2025): Gray, Gray & Gray, LLP, an accounting and business consulting firm based in Canton, MA, has issued a statement reaffirming its intention to remain independent amidst a growing trend of industry consolidation. “While many of our peers across the accounting industry have made the choice to be acquired  or merge […]

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Gray, Gray & Gray Named to “Best of the Best” Accounting Firms

Canton, MA (September 30, 2025):  Gray, Gray & Gray, LLP (www.gggllp.com), a certified public accounting, consulting, and business advisory firm based in Canton, MA, has been named to “Best of the Best” as one of the nation’s best-managed firms by INSIDE Public Accounting magazine. Gray, Gray & Gray is one of only three firms in

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Gray, Gray, & Gray Ranked Among Top 200 Accounting Firms in U.S. for 13th Consecutive Year

Canton, MA (July 29, 2025): Gray, Gray, & Gray, LLP (www.gggllp.com), an independent certified public accounting and business advisory firm in Canton, MA, has been named one of the country’s Top 200 accounting firms by INSIDE Public Accounting magazine. The publication ranked Gray, Gray & Gray as the 135th largest accounting firm in the U.S.,

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Gray, Gray & Gray Among Top 100 Largest Private Companies in Massachusetts

Canton, MA (June 25, 2025): Gray, Gray & Gray, LLP, an accounting and business consulting firm based in Canton, MA, has been included among the 100 largest privately held companies in Massachusetts by the Boston Business Journal. The firm is ranked 99th with annual revenues of $38 million. Earlier this year, Gray, Gray & Gray

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The Importance of Working Capital Analysis in Search Fund Transactions

By James A. DeLeo, MBA, CPA/MSTGray, Gray & Gray, LLP When working in the entrepreneurship through acquisition (ETA) space, search fund investors and operators face countless critical decisions during the deal process. Among these, understanding and accurately analyzing working capital stands as one of the most consequential, yet frequently misunderstood, aspects of a successful transaction.

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Boston Business Journal Ranks Gray, Gray, & Gray #42 on Fast50 List

Canton, MA (May 14, 2025): The Boston Business Journal has ranked Gray, Gray & Gray, LLP, an accounting and business consulting firm based in Canton, MA, as the 42nd fastest growing private company in Massachusetts in its 2025 Fast 50 list. The BBJ Fast 50 list was selected and ranked based on total revenue growth from 2021

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Financial Due Diligence for Mergers and Acquisitions

By James DeLeo, MBA, CPA/MST & Richard Frizzell, CPA, MSAGray, Gray & Gray, LLP Mergers and acquisitions (M&A) come with inherent risks. To mitigate these risks, comprehensive due diligence is essential. Due diligence is the process of investigating a target company to assess its financial health, business operations, and legal compliance. Financial due diligence is

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M&A Blocks, Hands

Avoiding Unexpected Tax Implications in Mergers and Acquisitions

By James DeLeo, MBA, CPA/MST & Kelly Berardi, JD, LL.M.Gray, Gray & Gray, LLP One of the most important aspects of any M&A deal is the tax planning. While experienced dealmakers know to expect certain tax consequences, there are often unexpected tax implications that can arise. These unexpected tax bills can have a significant impact

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