Wipfli, a High 20 agency primarily based in Milwaukee, has added two knowledge analytics and software improvement corporations, Clear up100 and Waypoint Consulting, whereas increasing its footprint to Arkansas.
Clear up100, primarily based in Chicago, presents enterprise intelligence, knowledge analytics, machine studying and predictive analytics expertise to the well being care, manufacturing, monetary providers, meals service/manufacturing and distribution/logistics industries. DecisionPoint Advisors, primarily based in Charlotte, North Carolina, which presents merger and acquisition consulting for middle-market expertise corporations, represented Clear up100 within the deal.
Waypoint, primarily based in West Chester, Pennsylvania, gives enterprise knowledge administration (knowledge warehousing, integration and governance), analytics and enterprise efficiency administration providers throughout varied industries, particularly the well being care and monetary service industries. Solganick & Co., an unbiased expertise funding financial institution with M&A advisory experience, represented Waypoint on the transaction.
Wipfli’s places of work in Wausau, Wisconsin
Clear up100 and Waypoint have a mixed 25 years of expertise in knowledge analytics and app improvement.
“They’re offering strategic advisory providers to help organizations in understanding how they will higher analyze their company knowledge to make strategic enterprise choices,” Ken Kortas, expertise consulting observe chief at Wipfli, informed Accounting Right now. “That sounds simpler than it’s as a result of knowledge will be messy. Information will be inaccurate. There might not be good governance round knowledge. There could not even be good storage of knowledge. So there’s loads of work that’s executed to prepare an organization’s knowledge infrastructure after which have the ability to successfully report on it via visualization instruments, corresponding to Microsoft Energy BI, Qlik and Tableau. Each of those organizations work with these applied sciences, however the true work is within the consulting across the knowledge administration. Inside organizations, there’s by no means sufficient knowledge, however we are able to’t essentially get to the knowledge we want.”
Monetary phrases of the deal weren’t disclosed. Wipfli ranked No. 19 on Accounting Right now’s 2021 checklist of the High 100 Corporations. The agency earned $430.6 million in annual income in 2021. Wipfli had roughly 320 companions and principals final yr. The mixed offers add greater than 50 associates to Wipfli, which now counts over 3,100 associates within the U.S., India and the Philippines. Wipfli will probably be gaining two principals and 23 workers from Clear up100, together with an workplace in Arkansas the place Wipfli beforehand didn’t have a footprint. The agency can even be getting six companions and 23 workers from Waypoint.
“Our consulting observe has been working on a nationwide scale for a few years now, so the addition of those organizations merely enhances what we’re already pursuing on a nationwide go-to-market standpoint,” mentioned Kortas. “They convey experience in crucial industries that we work in, particularly well being care, monetary providers and manufacturing. Each organizations have individuals which can be both shut within the Chicago market, or shut within the Philadelphia market, however the actuality is additionally they have individuals which can be remotely primarily based. Once we do work, we don’t consider it because the native individuals working with the native companies. We convey the best consultants to the best consumer that they will serve greatest no matter the place they’re at.”
Wipfli already had among the identical knowledge analytics capabilities in-house, however Clear up100 and Waypoint will add extra sources to assist the agency with its shoppers, and Wipfli will have the ability to assist their shoppers with further providers.
“We provide a greater strategy to combination disparate info, and report, analyze and visualize complicated knowledge via enterprise intelligence, or knowledge analytics,” mentioned Greg Woodard, principal at Clear up100, in an announcement. “Along with Wipfli, we provide improvement experience to construct governance round shoppers’ knowledge. This allows us to construct options informing data-driven choices, and provide integrations, connections and customizations that deal with distinctive wants.”
Accounting companies are investing extra in knowledge analytics expertise providers for shoppers. “Information is extra ample than ever earlier than, however organizations wrestle with planning, managing and visualizing that knowledge in a method that gives insights,” mentioned Waypoint Consulting managing associate Brendan McGuire in an announcement. “We assist all kinds of shoppers uncover, develop, and deploy knowledge and analytics options in ways in which enhance operations, scale back dangers and drive profitability.”
These are the 11th and 12th companies to affix Wipfli prior to now three years. Final June, Wipfli merged in Mueller Prost, a Regional Chief headquartered in St. Louis. In January of final yr, it added Hughes & Co. in Denver.