Genstar Capital and Aksia have made an undisclosed growth investment in Richey May, a Denver-based Top 50 accounting and advisory firm operating for more than 40 years. The investment will accelerate Richey May's organic growth and M&A strategy as it expands its national platform. Existing investor F3 Partners and Richey May's management team will retain significant ownership stakes alongside the new investors.

Richey May serves clients nationwide from its headquarters in Denver, Colorado, with offices across eight states. Aksia, headquartered in New York, is a global pan-alternatives solutions provider investing alongside leading sponsors through its private equity, private credit and real assets co-investment teams. Genstar Capital, based in San Francisco, manages approximately $51 billion in assets and targets the financial services, software, healthcare and industrials sectors.

Guggenheim Securities advised Richey May and F3 Partners on the transaction, while BMO Capital Markets advised Genstar. F3 Partners, based in New York, invests $10 million to $100 million in consumer, business services, healthcare and software companies across North America.