Richardson & Company, LLP

Richardson & Company, LLP, based in the US, provides essential audit, tax, and accounting advisory services tailored for governmental entities and non-profit organizations, focusing on enhancing fiscal accountability and regulatory compliance. Richardson & Company, LLP is a firm that specializes in audit, tax, and advisory services. Founded in 1991, it operates from Sacramento, US. The firm was established to address the accounting needs of diverse sectors, concentrating on clients such as governmental entities and financial institutions.

The company has engaged in one deal, with the most recent acquisition occurring on November 1, 2025, when Walter Shuffain, a portfolio company of Ascend, acquired Richardson & Company, LLP. Financial terms of the deal were not disclosed. Richardson & Company, LLP specializes in providing comprehensive audit, tax, and accounting advisory services aimed at governmental entities, banking institutions, non-profit organizations, and affordable housing projects. The firm’s core offerings are designed to address the unique financial and operational needs of its clients, ensuring compliance with regulatory standards and enhancing fiscal accountability.

Their services include forensic and investigative auditing, which caters to clients requiring detailed examinations of financial records to identify discrepancies or fraudulent activities. The firm serves a diverse client base across various geographical markets in California, including notable partnerships with the largest water district in the world, state and local governments in Northern California, and financial institutions in both the San Francisco Bay and Southern California regions. The revenue structure for Richardson & Company, LLP is built upon a professional service model characterized by direct engagements with clients across multiple sectors. The firm generates revenue through project-based billing for audit and advisory services, typically structured on a fee-for-service basis.

Transactions are initiated through client contracts that clearly outline the scope of work, duration, and associated costs, which are determined based on the complexity and scale of the services provided. While specific pricing plans for individual services remain undisclosed, they reflect the firm's commitment to delivering tailored solutions. Flagship services, such as forensic auditing and tax advisory, play a pivotal role in the firm's revenue generation, as they are frequently sought after by organizations navigating complex regulatory environments. Richardson & Company, LLP is focused on expanding its market reach and enhancing its service offerings.

The firm plans to introduce new audit and advisory products aimed at improving client compliance with emerging regulations by 2026. Additionally, there are intentions to expand into new markets within the US, specifically targeting regions in the Midwest and East Coast by the end of 2026. The recent acquisition by Walter Shuffain will facilitate these initiatives, leveraging their resources and strategic support to enhance the firm’s capabilities and operational efficiency.