IPA 100 Firm Adds Wealth Management Presence in Kansas City

St. Louis-based RubinBrown Advisors, the investment advisory affiliate of IPA 100 firm RubinBrown, has acquired Kansas City-based Wealth Management Advisors.

The move adds about $470 million in assets under management to one of RubinBrown’s fastest growing businesses and expands the firm’s wealth management reach into the Kansas City market.

“The more opportunities we had to meet with Kevin (Wealth Management Advisors president Kevin McGrew) and his team, the more apparent it was that this was going to be a great cultural fit,” says RubinBrown chairman John F. Herber Jr.

IPA 300 Firm Moves Into Midwest With Merger

In an effort to expand its regional reach to the Midwest and broaden its service capabilities to include governmental entities, Brooklyn, N.Y.-based Roth & Company LLP, an IPA 300 firm, has acquired E.C. Ortiz & Co. LLP of Chicago, effective July 1.

Founded in 1974, E. C. Ortiz services government entities and closely held businesses with specialists in the fields of federal and state compliance, health care compliance, financial audits and accounting.

“E.C. Ortiz’s sterling reputation, local relationships and specialized services make them the perfect partner for our Midwest expansion,” says Roth & Company co-MP Zacharia Waxler. “The acquisition allows us to continue to innovate and grow as we serve diverse clients across the globe in the private, non-profit and governmental sectors.”

Anders to Merge in Fellow St. Louis Firm

With an eye toward expanding its financial institution expertise, IPA 200 firm Anders CPAs + Advisors of St. Louis will merge in crosstown firm Cummings Ristau & Associates, effective June 30. Partners Mark Cummings and David Ristau and all 19 staff members of Cummings Ristau will join Anders.

Formed in 1996, Cummings Ristau has strong expertise in the banking industry in Missouri and Illinois, providing audit, tax, regulatory compliance and loan review services to banks and credit unions. The firm also provides agreed-upon procedures, IT audits, bank directors’ examinations, employee benefit plan audits and internal control reviews.

“Adding a strategic partner with an established niche unique to our industry offerings is important to our vision for growth, and we found a great match with Cummings Ristau,” says Anders MP Robert J. Minkler Jr. “Given the current environment and the increasing relationship between clients, accountants and their bankers as a result of the Paycheck Protection Program (PPP) and other parts of the CARES Act, the timing of this merger will add value and expertise for clients from both firms. The role community banks and financial institutions will play in the recovery and growth of our economy has never been greater and we welcome the opportunity to provide them with the services and information they will require.”

IPA 200 Firm Expands Reach in Arkansas with Acquisition

Looking to expand its geographic reach and deepen its construction industry specialty, Great Bend, Kan.-based Adams Brown Beran & Ball, Chtd., an IPA 200 firm, has acquired the Jonesboro, Ark., branch of EGP, PLLC.

The branch will be led by partner Mark Burnett, who will also serve as construction team leader. All six individuals in the former EGP Jonesboro office, including branch co-leader Ron George, have joined Adams Brown.

“Our deep industry experience will be expanded with this addition to the firm,” says Adams Brown MP Brian Staats. “We are excited to have Mark help drive our strategic direction in the construction space at the same time we expand our geographic footprint into Arkansas.”

More news from Adams Brown Beran & Ball

BDO USA Taps Into Nevada, Utah Markets With IPA 300 Acquisition

Chicago-based BDO USA, an IPA 100 firm, is merging in Las Vegas-based IPA 300 firm Piercy Bowler Taylor & Kern (PBTK) in a deal expected to close on July 1.

“By joining BDO, PBTK clients will still receive the same excellent service from a deep-rooted local team, but will now have access to the additional global resources and capabilities of an international firm,” says PBTK president Thomas Donohue.

Founded in 1990 and now the largest locally owned accounting firm in southern Nevada, PBTK serves clients across the real estate, construction, manufacturing, retail and wholesale, gaming and hospitality, government and non-profit industries. Post-merger, the firm’s nine partners and approximately 60 professionals will continue to serve clients in its Las Vegas, Reno, Nev., and Salt Lake City offices.

“PBTK’s incredible track record of technical excellence and exceptional client service makes them a perfect fit for BDO,” says Wayne Berson, CEO of BDO USA. “Their comprehensive capabilities across multiple business lines and industries, specifically in the gaming and government sectors, will complement and enhance our current strengths in these sectors and triple our size in the region. We look forward to welcoming PBTK’s talented leadership team and professionals to BDO and working together to redefine excellence for our clients in Nevada, Utah and beyond.”

“Yet another example of BDO’s successful growth strategy, this expansion adds enormous value for current and prospective clients, particularly those in the gaming and government industries,” adds Allan Koltin, CEO of Koltin Consulting Group and an IPA most recommended consultant, who advised both firms on the transaction. “Piercy Bowler Taylor & Kern selected BDO because of its aligned and complementary culture, one that prioritizes remarkable client service.”

More news from BDO

Prager Metis Merges in William J. Keephart CPA

New York-based Prager Metis, an IPA 100 firm, has acquired William J. Keephart CPA of Lawrenceville, N.J.

“We welcome their addition,” says Prager Metis national MP Lori Roth. “Their entrepreneurial culture and dedication to exceptional client service mirrors our own. We are excited that this merger enables us to continue to provide excellent, personalized service to the diverse businesses and individuals throughout New Jersey.”

More news from Prager Metis

AAFCPAs Acquires Scott A. Goffstein & Associates

Westborough, Mass.-based AAFCPAs, an IPA 200 firm, has acquired Scott A. Goffstein & Associates, a 14-person CPA firm in Waltham, Mass.

The acquisition adds expertise to AAFCPAs and accelerates the firm’s growth, the firm announced. AAFCPAs now has 34 partners, a 240-person staff and four locations in Massachusetts ­– Boston, Westborough, Wellesley and Waltham.

Scott Goffstein, who was admitted as an AAFCPA partner, says, “We share the team’s passion, its high standards of service excellence, and we immediately recognized the value of joining the pre-eminent regional CPA and consulting firm in New England.”

Founded in 1987, Scott A. Goffstein & Associates developed specializations in international tax, tax treaty issues, transfer pricing methodologies and intercompany transactions, although its work included the full spectrum of domestic tax, audit and outsourced accounting disciplines.

The acquisition also brings a change in leadership roles for co-MPs Dave McManus and Carla McCall. With the increased focus on international tax, McManus will lead the firm’s growing tax practice across all industries. McCall will assume the sole responsibility for MP.

“This acquisition brings even greater depth to AAFCPAs’ strengths as we serve diverse clients globally in nonprofit and commercial sectors – and just as important, the individuals we are welcoming are an outstanding cultural fit,” McCall says. “Our drive to innovate and grow will continue to flourish with the addition of the Goffstein team.”

Rea & Associates Merges in Jones Battles Group

New Philadelphia, Ohio-based Rea & Associates, an IPA 100 firm, has acquired Jones Battles Group of Concord, Ohio.

The three employees of Jones Battles – Curtis Jones, Chris Bartlett and Pat Reno – will work out of Rea & Associates’ Mentor, Ohio, office, with Jones serving as an executive principal, Bartlett as a manager and Reno as a client service specialist.

“This merger supports Rea’s strategic growth plan and Jones Battles’ succession plan,” says Rea & Associates CEO Don McIntosh. “Combining our firms will better position us to provide accounting, auditing, tax and business consulting services in northeast Ohio and beyond.”

More news from Rea & Associates

MNP Acquires Applied Data Company T4G

In a move to bolster its digital transformation services, Calgary, Alberta-based MNP has acquired applied data services company T4G, which operates four offices across Canada.

Founded in 1996 by David Posluns and Geoff Flood – both of whom will join MNP as part of the acquisition – T4G helps businesses to collect, organize and use their data to drive growth, gain competitive advantage and increase market share. The company’s solutions focus largely on the areas of business intelligence and analytics, artificial intelligence (AI) and machine learning, modern data engineering and developing intelligent applications and AI tools that businesses can use to automate tasks, empower employees and engage with their customers.

“Business goals remain broadly the same from one decade to the next – companies are always looking for ways to operate more efficiently, engage effectively with customers and to continue to grow – but the tools available to support their journey are changing rapidly,” says Tanya Knight, executive vice president for MNP’s clients and services. “The strategic acquisition of T4G reflects our commitment to always look for new ways, including the use of new technologies, to help our clients reach their full potential.”

More news from MNP

BKD Merges in CampbellWilson

Springfield, Mo.-based BKD LLP (FY18 net revenue of $662.9 million) will acquire health care regulatory consulting firm CampbellWilson of Dallas effective June 1.

BKD will expand its health care practice by taking on CampbellWilson’s proprietary physician time study system, which assists hospitals in capturing reimbursable expenses on Medicare and Medicaid cost reports. BKD will also welcome CampbellWilson’s 10 staff members to its team in Dallas-Fort Worth.

“With the addition of CampbellWilson, BKD will strengthen what’s already one of the largest health care consulting teams in Texas,” says Chris Clark, BKD’s health care industry leader for the couth region. “We’re especially excited about launching the time study system with our clients firmwide, giving us another chance to provide unmatched client service.”

More news from BKD