UHY expands in Iowa with Anderson, Lower, Whitlow deal
What's the deal? Top 50 firm UHYDealroom has a profile for this one. Try Dealroom → has acquired accounting and advisory firm Anderson, Lower, WhitlowDealroom has a profile for this one. Try Dealroom → (ALW), a Bettendorf, Iowa-based practice founded in 1992. Terms were not disclosed.
Who's involved? ALW shareholders and founders Barry Anderson, Donald Lower, Todd Whitlow, and shareholder Matthew Brumfield will join UHY along with their team.
Why now? The deal broadens UHY's Iowa footprint, adding to existing offices in Des Moines and Ames. UHY ranked No. 26 on Accounting TodayDealroom has a profile for this one. Try Dealroom → 's 2026 Top 100 Firms list, with $471 million in revenue, roughly 200 partners, and over 2,000 staff across 40 offices.
The expansion angle: UHY is targeting a fast-growing region. "Iowa has a rich history in the manufacturing and agriculture space, two industries where UHY has deep expertise," said Steve McCarty, chairman and chief executive officer of UHY, adding that rapid growth in cities like Bettendorf makes it "an ideal market."
What's the endgame? For ALW, the deal means broader reach. "Joining UHY provides our clients with greater access to national resources and specialized expertise, while creating exciting new opportunities for our team," Lower said.
Why the dealmaking? UHY received a private equity investment from Summit Partners in December 2024, fuelling a wave of acquisitions. In 2026 alone it added Larson Tax PartnersDealroom has a profile for this one. Try Dealroom → in St. Louis, plus RBTDealroom has a profile for this one. Try Dealroom → and CMJDealroom has a profile for this one. Try Dealroom → in New York.
The signal: Private equity money continues to drive consolidation across the accounting sector. Backed by Summit's capital, UHY has strung together deals from St. Louis to Michigan to Maryland — with the Iowa expansion the latest in a rolling buying spree.
Read more: Accounting Today
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