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Firm Management

Oregon Accounting Firms Perkins and Thompson Kessler to Merge

Perkins & Co, the largest locally-owned accounting firm in Portland, Ore., will merge with Thompson Kessler Wiest & Borquist PC (TKWB), a boutique firm with more than 30 years of experience working in high-demand industries such as construction, real ...

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Perkins & Co, the largest locally-owned accounting firm in Portland, Ore., will merge with Thompson Kessler Wiest & Borquist PC (TKWB), a boutique firm with more than 30 years of experience working in high-demand industries such as construction, real estate, manufacturing and international and expatriate tax. The merger is scheduled to take effect on July 1, 2016. The firms will consolidate under the name and office of Perkins & Co.

“Throughout Oregon and the Pacific Northwest Perkins is regarded as one of the top CPA firms in the entire region, said Allan Dr. Koltin, CEO of Koltin Consulting Group, who advised both firms on the merger. “In addition to their great leadership and talent they are probably one of the most innovative firms in the entire country. Their merger with TKW&B (another Portland Top 15 CPA firm) adds significant expertise and specialization to the firm and will provide TKW&B client’s with even greater depth and resources.”

“This merger is significant for everyone at Perkins. We are excited to expand our reach in the Northwest with the help of a new partner that shares our values and passion for making our clients satisfied and successful. I look forward to welcoming TKWB’s exceptional shareholders, employees and clients to the Perkins family,” said Gary Reynolds, president and shareholder at Perkins & Co. “TKWB supports our mission in every aspect of our business and culture. We look forward to growing together.”

Perkins was founded in Portland in 1986 with the mission to be the local alternative to the national accounting firms. The merger is in line with Perkins’ growth strategy and will strengthen its capabilities in key industries and practice areas such as real estate and construction, manufacturing and distribution, expatriate and international taxation, and employee benefit plan audits. The merger will add 18 employees and five shareholders, bringing the total firm size to more than 150 employees plus 24 shareholders.

“The values of both firms are highly compatible, with a similar business philosophy and service delivery models that focus on stability and growth, innovative tools and solutions, and active involvement with our clients,” said David Kessler, Tax Shareholder at TKWB. “Our clients will benefit from a wider array of capabilities to help them reach their goals, while still receiving the same personal customer service TKWB is known for. This merger simply means that two well-established and reputable accounting firms are combining forces, resulting in a stronger, better-equipped team to serve our clients.”

TKWB was founded in 1981 with the mission to provide proactive accounting, tax and business consulting services that support client growth and enhance stability. The TKWB shareholders joining the Perkins executive team as shareholders are John Thompson, David Kessler, Robert Wiest, Jim Borquist and Katie Powell. Learn more about their experience at: www.thompsonkessler.com/people.