CliftonLarsonAllen Acquires NSBN LLP

Minneapolis-based CliftonLarsonAllen (FY16 net revenue of $755.9 million) will acquire NSBN LLP (FY17 net revenue of $18.3 million) of Los Angeles, effective Jan. 1, 2018.

“A personal touch is what this business is all about,” says Ken Miles, NSBN MP. “Our clients trust us to guide significant and, often, personal decisions that affect their futures. CLA shares our belief that, in order to help someone, you have to first know them. That may sound simple, but, in practice, it shifts every interaction you have and uncovers meaningful opportunities to help.”

“My biggest reward is when I am able to give my clients information they didn’t have before,” says Dennis Ayers, NSBN partner. “Expanding our resources allows us to do more for our clients as they advance toward their unique goals.”

“For more than 60 years, clients have trusted NSBN to listen and act in their best interests,” says Larry Taylor, CLA chief practice officer, Southwest region. “We are committed to continue advancing that trust by listening closely to clients, in order to bring forward ideas that contribute to their success.”

Allan Koltin, CEO, Koltin Consulting Group, Inc., who advised both firms on the combination, comments, “NSBN saw the CLA platform as a great way to provide additional value added services to their clients and create a great growth opportunity for their people. NSBN is one of the most respected firms in Los Angeles with a wonderful tradition and culture and that is in large part what attracted CLA to them. CLA’s great leadership, innovation, and commitment to investing in talent, technology, and training have made them one of the firms that everyone wants to emulate.”