Hall CPA Acquired Tooth & Coin for Industry Expansion
The accounting firm bought its dental-focused peer to grow through targeted professional service niches.
Updated on Sept. 22, 2026 in Professional Services
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Raleigh-based Hall CPA completed its first acquisition in September 2026 by purchasing Tooth & Coin. The deal combines the firms to serve a national client base while maintaining Tooth & Coin's existing brand identity.
Why it matters
This transaction signals a shift in strategy for Hall CPA as it moves from organic growth to acquiring specialized service providers to scale its operations. It marks the company's first step into expanding its footprint across specific industry niches.
Hall CPA reported $14.2 million in net revenue for fiscal year 2025 and serves nearly 2,000 clients, while the newly acquired Tooth & Coin brings 400 dental practice clients to the combined firm. The merged entity now employs more than 100 people across the United States.
The players
Hall CPA
A Raleigh-based accounting firm that serves nearly 2,000 clients and was recognized as an IPA Fastest-Growing Firm in 2025 and 2026.
Tooth & Coin
A Little Rock-based firm established in 2013 that specializes in accounting services for more than 400 dental practices nationwide.
Jonathan VanHorn
The founder of Tooth & Coin who will serve as an advisor to the firm following its acquisition by Hall CPA.
The details
Tooth & Coin will continue to operate under its original brand as a Hall CPA company, allowing the acquiring firm to retain the niche expertise the dental specialist built since its 2013 founding. Founder Jonathan VanHorn will transition into an advisory role to support the brand's continuity under the new ownership structure.
Timeline
Tooth & Coin was founded in 2013.
Hall CPA was founded in 2016.
Hall CPA was named an IPA Fastest-Growing Firm in 2025.
Hall CPA was named an IPA Fastest-Growing Firm in 2026.
Hall CPA acquired Tooth & Coin in September 2026.
Market Landscape
This acquisition follows Hall CPA's back-to-back appearances on the IPA Fastest-Growing Firm list, marking a structural evolution in how the firm maintains its growth rate. The move highlights a broader industry trend where professional service firms leverage M&A to capture niche market segments.
Operators looking to scale through acquisition should monitor how Hall CPA integrates the Tooth & Coin brand without diluting its niche market authority. Reviewing your own firm's ability to maintain client retention post-acquisition is critical when evaluating potential niche-market targets.
The takeaway
The move demonstrates how specialized service providers can scale by integrating into broader professional platforms while maintaining their unique brand identity. Firm owners should track if the acquisition of specialized expertise leads to increased cross-selling opportunities for Hall CPA's existing client base.
Further reading
For more on shifts in the accounting sector, visit our Professional Services section.
Source note: This article includes information reported by The National Law Review - A Free To Use Nationwide Database of Legal Publications.
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