Madison Dearborn Partners to Invest in Merger of Nichols Cauley, Partners Risk Services and JGH Consulting

Paul, Weiss is advising Madison Dearborn Partners on its strategic growth investment in the merger of accounting and advisory firm Nichols Cauley, insurance brokerage Partners Risk Services and transactions advisory firm JGH Consulting. The investment will support the merging businesses’ combined platform, which will provide accounting, insurance and transaction advisory services to privately held small and midsize businesses, self-made entrepreneurs and family-owned companies. The merger is expected to close in the first quarter of 2026. 

Following the closing of the transaction, Nichols Cauley will operate in an alternative practice structure. Nichols Cauley & Associates, LLC, a licensed CPA firm, will provide attest services and Nichols Cauley Advisory Group, LLC will provide business advisory, tax, and other non-attest services.

The Paul, Weiss team is led by corporate partners Adam Givertz, Lukas Richards and associate Brian Huang, and includes partner Peter McCormack; tax partner Scott Sontag and counsel Daniel Bleiberg; executive compensation partner Rebecca Coccaro and counsel Lisa Krausz Eisenberg; real estate partner Matthew Dulak; intellectual property partners Jonathan Ashtor and Meggin Bednarczyk; antitrust counsel Todd Hahn; and litigation counsel Audrey Paquet.