Search Results for: Baker tilly Virchow

Baker Tilly Virchow Krause Launches CFO Outsourcing and Advisory Service

Chicago-based Baker Tilly Virchow Krause (FY17 net revenue of $546.6 million) launched Baker Tilly Advantage, a CFO outsourcing and business advisory service that leverages technology to bring greater insight and value to clients.

“We provide comprehensive financial management and outsourcing services so clients can focus on what matters most – running their business,” says Wade Huseth partner and Baker Tilly Advantage leader. “Our solution is unique to each client and features a powerful combination of technology, data, analysis and insight with business advisory services that deliver results.”

Strategic partnerships with leading technology providers enable Baker Tilly Advantage to streamline accounting and financial management functions. Clients have access to real-time data and easy-to-use dashboards anytime, anywhere from any device.

“More companies are making the strategic decision to outsource their finance function so they can focus on their core business,” says Huseth. “That’s where we come in. We have the expertise and resources to provide accounting, operational, and strategic support to help clients achieve their goals.”

Baker Tilly Virchow Krause and Global Development Partners Merge

Chicago-based Baker Tilly Virchow Krause LLP (FY15 net revenue of $478.1 million) announced a merger agreement with Global Development Partners (GDP) of Troy, Mich. Jeff Jorge, executive partner of GDP, will join Baker Tilly as principal and will lead Baker Tilly Michigan’s international services team and the firm’s Latin American services desk.

“GDP’s uniquely turnkey support has become the differentiator for companies and non-profits to expand globally with lower risks, faster and superior results compared to an independent effort”

GDP, founded by Jorge in 2006, delivers turnkey international market entry support to companies and non-profits in multiple industry sectors and foreign markets, with emphasis in the Americas and fast-growing, large emerging economies such as Mexico and Brazil.

“We are very excited about Baker Tilly’s merger with GDP,” says Alan Whitman, CEO-elect of Baker Tilly. “Our clients will benefit from the depth and breadth of GDP’s international experience and from Jeff and his team’s insightful view of the global marketplace. They will be leading both inbound and outbound opportunities for Baker Tilly, and we are very pleased to have Jeff and his team as part of our organization.”

Jorge and GDP bring a track record of accelerated market entry, reduction of duties/tariffs in traditionally challenging export markets and capitalizing on opportunities associated with global expansion. GDP and Jorge have helped companies reach double and triple-digit annual growth rates and operational expansion in more than 20 foreign markets with special emphasis in the Americas.

“GDP’s uniquely turnkey support has become the differentiator for companies and non-profits to expand globally with lower risks, faster and superior results compared to an independent effort,” says Jorge. “We are looking forward to bringing our expertise and our successful approach to Baker Tilly. We are also very pleased GDP’s clients will have access to Baker Tilly’s global resources and its leadership position within the profession.”

Fluent in several languages including Spanish and Portuguese, Jorge is a featured keynote speaker in numerous conferences annually and is engaged with many regional, national and international organizations.

Baker Tilly Virchow Krause and ParenteBeard Announce Merger

Chicago-based Baker Tilly Virchow Krause LLP (Baker Tilly) (FY14 net revenue of $327.8 million) and Philadelphia-based ParenteBeard LLC (FY13 net revenue of $158.3 million) announced the merger of the two firms, with an anticipated effective date of Oct. 1. The name of the combined firm will be Baker Tilly Virchow Krause LLP.

“As independent members of Baker Tilly International, our two firms have worked collaboratively and successfully for many years and on many fronts,” says Baker Tilly Chairman and CEO Timothy Christen. “This merger is an opportunity for two successful, complementary firms to join forces and create even greater opportunities for our people while broadening our geographic footprint and deepening our industry and service specialization capabilities to better serve our clients as valued business advisors.”

“ParenteBeard and Baker Tilly share a common culture and values that emphasize a dedication to exceptional client service and creating opportunities for our people to grow and develop in their careers,” says ParenteBeard Chairman and CEO Robert Ciaruffoli. “Our clients will benefit from even deeper industry knowledge and resources, as well as a broader depth of talent to deliver customized solutions to help them solve their business challenges.”

Previously reported: Baker Tilly and ParenteBeard Confirm Merger Talks – June 19, 2014

Baker Tilly Virchow Krause Names New MP of Illinois Offices

Thomas Walker has been named MP of the Illinois offices of Chicago-based Baker Tilly Virchow Krause (FY12 net revenue of $259 million).

With the firm since 2007, Walker has served as the firm leader of private equity and transaction services and was recently appointed to the firm’s board of partners. “Tom’s extensive experience allows him to make an immediate and positive impact,” says Baker Tilly CEO Tim Christen.

The firm plans to expand its presence in the Chicago area. It also has offices in Detroit, Minneapolis, New York, Washington, D.C., and throughout Wisconsin.

Baker Tilly Virchow Krause Names Hallman MP

Chicago-based Baker Tilly Virchow Krause (FY11 net revenue of $242 million) named Matthew Hallam MP of the firm’s Washington, D.C., office.

Ed Offterdinger, who previously served in this role, has been promoted to the position of executive MP, a firmwide leadership position in the office of the CEO. 

Hallam will oversee operations for the firm’s 300-person office in Tysons Corner, Va.

Baker Tilly Virchow Krause Names New MP–Executive MP

Chicago-based Baker Tilly Virchow Krause (FY11 net revenue of $242 million) named Matthew Hallam MP of the firm’s Washington, D.C., office.

Ed Offterdinger, who previously served in this role, has been promoted to the position of executive MP, a firmwide leadership position in the office of the CEO. Hallam will oversee operations for the firm’s 300-person office in Tysons Corner, Va.

Baker Tilly Virchow Krause CEO, Christen To Lead AICPA’s Major Firms Group

Timothy Christen, CEO of Madison, Wis.-based Baker Tilly Virchow Krause (FY09 net revenue of $207.2 million), has been appointed chairman of the AICPA’s Major Firms Group.

Christen will serve a three-year term.

Christen continues to serve as a member of the AICPA Board of Directors, working in conjunction with the organization’s national council to oversee management and services that impact members nationwide.

Cary Mailandt to Lead Baker Tilly Business Advisory Services

Cary Mailandt

Chicago-based Baker Tilly Virchow Krause, an IPA 100 firm, has appointed partner Cary Mailandt to lead the firm’s business advisory services practice.

“Cary brings a unique background as a trained engineer with years of experience building teams in management consulting across different industries and disciplines,” consulting MP Angela MacPhee says.

In his new role, Mailandt will be responsible for strategy and operations of the growing business advisory services practice which includes transactions advisory services and CFO advisory. He has worked across a number of industries, including manufacturing, technology, health care, distribution, retail and hospitality.

“Our business advisory professionals bring an impressively broad range of backgrounds, including engineering, finance, manufacturing, accounting, marketing and data analytics – all working together,” Mailandt says. “Each client is unique and it is more important than ever that we deploy collaborative teams with deep and diverse expertise to address their complex challenges.”

Mailandt joined Baker Tilly in 2019 when Plano, Texas-based Montgomery Coscia Greilich combined with the larger firm.

More news from Baker Tilly Virchow Krause

Marks Admitted as Baker Tilly Partner

Jonathan Marks

Jonathan Marks

Jonathan Marks has joined Chicago-based Baker Tilly Virchow Krause (FY18 net revenue of $578.4 million) as a partner in the firm’s specialized forensic litigation valuation services consulting practice.

Marks specializes in internal and regulatory investigations; governance matters; assessment, design and implementation of compliance programs; global fraud risk management; and compliance coordination and monitoring services for the private, public and not-for-profit sectors.

He has led high-profile financial, accounting, compliance and due diligence investigations around the world relating to allegations of accounting irregularities, improper financial disclosures, fraud, non-compliance, corruption, bribery and data breaches. Marks has provided expert testimony on accounting, financial and internal control issues in commercial litigation matters.

“His depth of expertise in forensic investigations and anti-fraud matters as well as his diverse experience helping clients and their boards improve their governance structure will add tremendous value for our clients as we continue to grow our practice,” says Jack Williams, Baker Tilly’s leader of the forensic valuation services team.

“The regulatory environment has changed,” Marks said. “The SEC, DOJ and other enforcement agencies are demanding more and we must answer the call. Investigating is only part of what is expected. Today, we need to be able to assess risk, conduct root cause analysis, design and enhance internal controls, evaluate the effectiveness of internal audit and compliance and appraise the governance framework.”

MRZ Merger with Baker Tilly To Give Firm Foothold in Houston

Alan D. Whitman

Chicago-based Baker Tilly Virchow Krause (FY18 net revenue of $578.4 million) and Houston-based MiddletonRaines+Zapata (FY17 net revenue of $10.9 million) have announced their intention to merge by the end of the year.

“MRZ is one of the fastest-growing accounting firms in Houston,” Baker Tilly chairman and CEO Alan D. Whitman says. “They are progressive and entrepreneurial and are an ideal partner for us in Houston.”

MRZ is known for its “high-energy, hands-on client experience,” says MP Wesley Middleton. “Joining forces with Baker Tilly gives us national resources and broader capabilities to better serve our clients and provide growth and development opportunities for our team members.”

MRZ’s industry strengths are compatible with Baker Tilly’s, particularly construction and real estate, manufacturing and health care, the firms say. MRZ also specializes in the oil and gas industry. Baker Tilly’s specialization in private equity and tax credits and incentives will be a competitive addition to MRZ’s services in the Houston market.

Allan D. Koltin, CEO of Koltin Consulting Group, advised both firms on the merger. “MRZ represents the type of firm that larger firms dream of aligning with – great leadership, dynamic growth, innovation, young talented professionals and a passion for client service. Wes Middleton and his partners were courted by almost every major CPA firm in the country to become their Houston office. In the end, they loved Baker Tilly’s strategy, culture and leadership and knew it provided the best growth opportunities for their people and clients.”