IPA Top 100 and Top 200 Firm Combine Forces

Milwaukee-based Wipfli LLP (FY10 net revenue of $114.4 million) acquired Rockford, Ill.-based Lindgren Callihan Van Osdol & Co., Ltd. (FY09 net revenue of $18.4 million) – 21 partners and 106 staff.

Wipfli ranked No. 26 on IPA’s Top 100 list this year, while LCV debuted on the “Beyond The IPA Top 100” at No. 151. This merger poises Wipfli for a Top 25 firm ranking in 2011.

“This is one of the largest acquisitions in our firm’s history and the largest in the last 20 years,” says Rick Dreher, Wipfli’s MP. “With the addition of LCV, Wipfli will deepen our capabilities and resources in the state of Illinois,” Dreher said.

LCV was established in 1963. The combined firm will have approximately 950 associates, including 132 partners and 20 office locations. Both firms are a member of PKF North America.