CliftonLarsonAllen, a Prime 10 Agency, has expanded in Nashville by including Value CPAs, efficient June 20.
Value CPAs has annual income of $4.7 million, and can convey a complete of 20 folks, together with two companions, to the agency. CLA’s annual income is $1.6 billion, and its workers has over 7,500 whole folks, together with greater than 1,100 principals and signing administrators. Monetary phrases of the deal weren’t disclosed. CLA ranked No. eight on Accounting As we speak’s 2022 checklist of the Prime 100 Companies.
Value CPAs dates again to 1953. “Nice skilled service begins with stable relationships,” mentioned Value CPAs managing accomplice Tom Value in a press release Friday. “And we’ve discovered a stable relationship with CLA — one that gives the seamless continuation of our personalised method to wonderful shopper service, alongside a multiplied staff of execs aligned to the identical values.”
CLA’s Irvine workplace
The addition of Value CPAs will bolster CLA’s presence in Nashville and repair throughout Center Tennessee. Former Value CPAs staff will proceed to serve purchasers domestically and nationally from their current Nashville workplace, rising CLA’s presence within the metropolis to greater than 50 folks.
“The Value CPAs staff is a superb match with CLA,” mentioned CLA chief geographic officer Scott Engelbrecht in a press release. “After we collaborate round alternatives, we will ship providers in a means that’s really among the many finest. That’s what I imagine we’re reaching in Nashville and the encompassing communities.”
“Welcoming the Value CPAs staff is a part of our continued dedication to convey our agency promise to {the marketplace} and make a optimistic influence on the neighborhood,” mentioned Mike Slavik, firmwide growth chief and managing principal of CLA’s Nashville workplace, in a press release. “Collectively we serve purchasers starting from small entrepreneurial organizations to the biggest public corporations within the nation. It’s energizing to convey this growth to life. Thanks to Allan Koltin of Koltin Consulting Group who suggested us on the mix and helped make this match a actuality.”
CLA has a historical past of ceaselessly doing merger offers, however none have been publicly introduced since late December 2020, when the agency acquired Blumshapiro, a Prime 100 Agency based mostly in Connecticut. CLA accomplished quite a lot of different mergers in 2020, with a heavy concentrate on the West Coast. Earlier in December 2020, it merged in Atkinson & Co. in New Mexico; in October, CLA introduced a merger with White Nelson Diehl Evans in Southern California; in February, it expanded within the area by merging in Weil & Co. in Los Angeles. At first of 2020, CLA grew in Florida by including McHale, Caruso, Scullion & Knox, a agency based mostly in Fort Myers.