Eide Bailly Plans Big Expansion into California With Merger

Fargo, N.D.-based Eide Bailly (FY18 net revenue of $299.2 million) has acquired Vavrinek Trine Day & Company (VDT).

Effective July 22, the combination will add 11 California offices and an expanded Phoenix office to Eide Bailly, ranked No. 20 on the 2018 IPA 100 list.

“The addition of VTD launches us into California with exceptional local talent and a culture that matches our own dedication to client service and being an employer of choice for our staff,” Dave Stende, Eide Bailly MP and CEO says in a statement. “This combination deepens our expertise in several key industries that Eide Bailly serves.”

VTD, established in 1948, specializes in government, education, commercial, tax and financial institutions. Becoming part of Eide Bailly will bring tremendous opportunities for both clients and staff, says Kevin Pulliam, VTD MP.

“Eide Bailly’s knowledge, resources and consulting services will allow us to help our clients more fully. Whether it is technology consulting, wealth planning, or some other industry-specific advisory services, we’re excited to be able to offer more,” Pulliam says in statement. “On top of this, Eide Bailly is a firm of talented and down-to-earth people. They care deeply for the well-being of their clients, staff and communities; this describes us, too.”

VTD will add 42 partners and 280 staff to Eide Bailly, bringing totals to 331 partners and 2,400 staff. The firm will have more than 40 offices in 15 states.

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