CrossCountry Consulting Expands National Platform with Acquisition of CNM LLP
CrossCountry Consulting, a leading business advisory and technology solutions firm, has announced the acquisition of CNM LLP, a premier Office of the CFO advisory firm headquartered in Southern California, marking a transformative milestone in CrossCountry’s long-term growth strategy and significantly expanding its national footprint with a strong and scalable presence across the West Coast; this strategic combination enhances CrossCountry’s ability to deliver comprehensive, end-to-end advisory and technology-enabled solutions to a broad spectrum of clients nationwide, while deepening its capabilities in accounting, transactions, risk advisory, and business transformation services tailored to the evolving demands of modern finance organizations.
Strategic Expansion into Southern California and the West Coast Market
The acquisition represents a pivotal step in CrossCountry’s expansion journey, reinforcing its commitment to serving clients in key growth markets and strengthening its competitive positioning within the Southern California business ecosystem; by integrating CNM’s established offices in Los Angeles, Orange County, and San Diego, along with its presence in New York and Kuala Lumpur, Malaysia, CrossCountry significantly enhances its geographic reach and operational depth, creating a coast-to-coast advisory platform capable of supporting clients across industries and stages of growth;
this expansion not only broadens the firm’s access to high-growth middle-market companies and multinational enterprises headquartered on the West Coast but also positions it to address complex financial reporting, regulatory compliance, and operational transformation initiatives with localized expertise backed by national resources.
Southern California represents one of the most dynamic and diverse economic regions in the United States, home to a wide array of industries including technology, life sciences, consumer products, real estate, media, and manufacturing, and the addition of CNM’s experienced professionals provides CrossCountry with enhanced insight into the regional market landscape, regulatory environment, and sector-specific challenges; by strengthening its presence in this influential market, CrossCountry reinforces its ability to support finance leaders navigating rapid change, digital transformation priorities, evolving compliance standards, and increasing stakeholder expectations for transparency and performance.
Strengthening the Office of the CFO Advisory Platform
CNM has long been recognized for its deep specialization in Office of the CFO advisory services, delivering high-impact solutions across accounting operations, financial reporting, transaction support, risk management, internal controls, and business transformation initiatives; the integration of CNM’s expertise with CrossCountry’s existing service offerings creates a robust and unified platform designed to address the full lifecycle of finance transformation needs, from technical accounting and IPO readiness to mergers and acquisitions integration, system implementations, and enterprise risk management modernization;
this combined capability enhances CrossCountry’s ability to serve clients ranging from growth-oriented and mid-market enterprises to Fortune 500 corporations seeking sophisticated advisory support in an increasingly complex business environment.
By bringing together CNM’s specialized advisory model with CrossCountry’s technology-driven solutions, data analytics capabilities, and AI-enabled transformation strategies, the combined organization is positioned to deliver innovative and scalable outcomes that align with the strategic objectives of today’s CFOs; finance leaders are increasingly expected to drive enterprise-wide transformation, optimize performance through digital innovation, and provide actionable insights that inform strategic decision-making, and this acquisition strengthens CrossCountry’s ability to partner with clients in achieving those goals through integrated advisory frameworks and technology-forward methodologies.
Leadership Continuity and Regional Market Strengthening
As part of the transaction, CNM’s Managing Partner, Sanjay Sheth, will transition into the role of Los Angeles Office Managing Partner and Southern California Market Leader for CrossCountry, ensuring continuity of leadership, preservation of client relationships, and sustained momentum in regional growth initiatives; Sheth’s appointment underscores CrossCountry’s commitment to maintaining strong local leadership while integrating CNM’s team into a broader national platform, fostering alignment across culture, strategy, and service delivery standards.
Additionally, CNM Founder and Executive Chair Nathan Matthews expressed enthusiasm for the partnership, emphasizing the shared commitment between the two organizations to collaborative culture, client-centric service, and long-term value creation; this alignment of values and strategic vision provides a strong foundation for integration success, enabling both firms to combine strengths while preserving the entrepreneurial spirit and people-first philosophy that have defined their respective growth trajectories; the leadership teams from both organizations have highlighted the cultural compatibility between the firms as a key factor in the transaction, recognizing that shared principles around teamwork, innovation, and integrity are critical to sustaining excellence during periods of expansion.
Cultural Alignment and Talent Empowerment
A central component of the acquisition strategy involves not only expanding geographic and service capabilities but also investing in talent development and employee engagement; CNM brings more than 200 professionals into the CrossCountry organization, adding significant depth in technical accounting, advisory execution, and client relationship management; this expanded workforce enhances the firm’s ability to scale projects efficiently, respond to complex engagements, and deliver consistent quality across markets; moreover, the combined organization offers enhanced career pathways, cross-regional collaboration opportunities, and access to broader training and development resources, empowering professionals to grow within a diversified and innovation-focused advisory platform.
CrossCountry has consistently emphasized the importance of cultivating a collaborative culture that prioritizes client impact, employee development, and community engagement, and the integration of CNM aligns with these principles by fostering an environment where shared expertise and diverse perspectives drive superior outcomes; by combining local market knowledge with national infrastructure and advanced technology solutions, the firm creates an ecosystem in which professionals can leverage collective insights to address increasingly sophisticated client challenges.
Advisory Excellence Across Finance, Risk, and Transformation
The expanded firm is positioned to deliver a comprehensive suite of services that extend beyond traditional accounting advisory, encompassing digital finance transformation, system modernization, automation strategy, enterprise risk management, and operational optimization initiatives; as organizations face mounting regulatory requirements, technological disruption, and investor scrutiny, the ability to provide integrated advisory services becomes a critical differentiator, and the CrossCountry–CNM combination strengthens the firm’s capacity to meet these demands with agility and precision;
clients benefit from a unified advisory partner capable of navigating technical accounting complexities while simultaneously implementing transformative technology solutions that enhance efficiency, transparency, and scalability.
In addition to serving corporate clients, the combined firm continues to maintain strong relationships with private equity sponsors, venture-backed enterprises, and high-growth companies preparing for capital markets transactions, providing advisory support throughout transaction lifecycles including due diligence, integration planning, financial reporting readiness, and post-merger optimization; the synergy between CNM’s transaction-focused advisory experience and CrossCountry’s technology-enabled solutions enhances value creation potential for clients pursuing strategic acquisitions, divestitures, or restructuring initiatives.
Transaction Advisors and Legal Counsel
The acquisition process was supported by experienced financial and legal advisors who facilitated the successful execution of the transaction; William Blair & Company served as exclusive financial advisor to CNM, providing strategic guidance throughout the negotiation and structuring phases, while Sheppard Mullin Richter & Hampton LLP acted as legal counsel to CNM, ensuring compliance with regulatory requirements and safeguarding stakeholder interests; Holland & Knight LLP provided legal counsel to CrossCountry, supporting due diligence, transaction documentation, and integration planning processes that underpin the successful combination of both firms.
A Platform for Sustainable National Growth
Headquartered in Washington, D.C., CrossCountry Consulting has built a reputation as a trusted advisor to Fortune 500 companies, emerging growth market leaders, and private equity sponsors by combining deep industry knowledge with data-driven innovation and advanced technology integration; the acquisition of CNM represents a continuation of this strategic expansion model, reinforcing the firm’s commitment to sustainable national growth while preserving its client-centric approach and cultural identity; by extending its presence into Southern California and strengthening its West Coast capabilities, CrossCountry enhances its ability to serve clients wherever they operate, providing localized expertise supported by a national network of professionals and global delivery capabilities.
The transaction signals CrossCountry’s intention to remain at the forefront of advisory innovation, leveraging AI, analytics, and leading technologies to help organizations navigate transformation, optimize performance, and achieve long-term resilience; as finance leaders confront increasing complexity in regulatory compliance, cybersecurity risk, digital integration, and stakeholder accountability, the need for integrated advisory partnerships becomes more pronounced, and the CrossCountry–CNM combination positions the firm to meet these evolving demands with agility, scale, and strategic insight.
Delivering Enhanced Value to Clients Nationwide
Ultimately, the acquisition underscores a shared vision between CrossCountry and CNM to deliver measurable value, foster innovation, and build enduring client relationships grounded in trust and expertise; by combining complementary strengths, expanding geographic reach, and aligning leadership under a unified growth strategy,
the firm creates a powerful advisory platform capable of addressing the most pressing challenges facing today’s finance organizations; as the integration progresses, clients across industries can expect enhanced service continuity, expanded access to specialized expertise, and innovative solutions that drive operational excellence and strategic advantage in a rapidly evolving business landscape; through this transformative partnership, CrossCountry Consulting strengthens its position as a national leader in finance, accounting, risk, and operations advisory, while charting a forward-looking path defined by collaboration, innovation, and sustained growth.
