High 15 Agency BKD CPAs & Advisors introduced that it has acquired Mesa, Arizona-based Schmidt Westergard.
The mix, which was efficient January 16, provides BKD a powerful presence within the Phoenix market.
“We rigorously search for corporations which are a powerful strategic and cultural match when making such strikes,” BKD CEO Tom Watson mentioned in a press release. “Arizona has lengthy been a goal for BKD, and I’m assured the staff at Schmidt Westergard is the proper match as we develop as soon as once more.”
Monetary phrases of the deal weren’t disclosed. BKD ranked No. 14 on Accounting At this time’s 2021 High 100 Corporations checklist, and stories $758 million in income; Schmidt Westergard’s most up-to-date income determine was roughly $6 million.
The deal provides 4 companions, one managing director and roughly 30 workers to BKD’s roughly 3,300 workers, whereas Schmidt Westergard managing associate Lynn Westergard will function BKD’s market chief in Phoenix.
“This partnership displays our dedication to offer enhanced and rewarding profession alternatives for our staff members and our ardour for higher serving our purchasers,” Westergard mentioned in a press release. “We carefully determine with BKD’s tradition, core values and philosophy of offering ‘Unmatched Consumer Service.’ By becoming a member of forces, we additionally acquire entry to new and thrilling options for our purchasers and BKD’s nationwide presence in our area of interest industries.”
One of many prime 15 corporations within the Phoenix space, Schmidt Westergard was established in 1968, and gives tax, audit, accounting and enterprise advisory companies.