Baker Tilly Virchow Krause, LLP and Beers + Cutler Announce Merger
25 Nov 2009
Baker Tilly Virchow Krause,
LLP (Baker Tilly) and Beers + Cutler announced today the merger
of the two firms, effective 1 December 2009.
Beers + Cutler, based in the Washington, DC region, will serve
as the firm's east coast hub as Baker Tilly continues its national
expansion. The combination of these two well-respected firms will
result in a $250+ million firm with more than 1,400 team members,
making it the 13th largest accounting and consulting firm in the
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"When we look for merger partners, we focus on the quality of the
people and the reputation of the firm. There are many synergies
between Baker Tilly and Beers + Cutler , and we see Washington, DC
as a critical market as we continue to develop the Baker Tilly
brand in the US," said Tim Christen, CEO of Baker Tilly. "As
independent members of Baker Tilly International, we have been
colleagues for many years, and together, we believe in the power of
the network and the value it brings to our clients around the
Beers + Cutler Managing Partner Ed Offterdinger will serve as
Regional Managing Partner of the firm's East Coast practice and
will serve as Vice-Chairman of the firm's Management
"Merging with Baker Tilly will allow us to better serve our clients
while providing additional opportunities for our people,"
Offterdinger said. "Many of our clients have business needs that
are becoming increasingly complex, and they have high expectations
of us. Access to Baker Tilly's deep expertise and quality resources
will strengthen our ability to meet our clients' tax, assurance and
business advisory needs."
On 1 June 2009, the former Virchow, Krause & Company, LLP
changed its name to Baker Tilly Virchow Krause, LLP, becoming the
exclusive US branded firm in the Baker Tilly International network.
The transition to the Baker Tilly brand is a commitment by the firm
to meet the ever -changing global needs of its clients.
"Merging with Beers + Cutler, also an independent member of Baker
Tilly International, will enhance our ability to serve clients and
strengthen the brand in the US," Christen said.
With staff totalling more than 1150, Baker Tilly provides a wide
range of accounting, tax, assurance and consulting services. The
firm currently has offices in Chicago, Detroit, Minneapolis, New
York and throughout Wisconsin.
Beers + Cutler was founded in 1976 and has grown to a firm of more
than 260 people. It will continue to operate from its Vienna,
Virginia location. Beers + Cutler has established a reputation as a
leading accounting and advisory firm in the Washington, DC region
by providing tax, assurance and consulting services.
"The merger is about creating opportunities," Offterdinger added.
"In looking out at the next five and ten years, it will become
increasingly important to have a national and global platform to
maintain a competitive advantage in the marketplace."
1 -- Ranking based on Inside Public Accounting's "2009 Top 100