BDO USA, LLP, one of the nation’s leading accounting and advisory firms, has acquired the firm of Piercy Bowler Taylor & Kern, CPAs (PBTK), which serves clients in Las Vegas, Reno and Salt Lake City. The arrangement is subject to customary closing conditions and is expected to be completed on July 1. The firm’s nine partners and approximately 60 professionals will be welcomed into BDO.
“PBTK’s incredible track record of technical excellence and exceptional client service makes them a perfect fit for BDO,” said Wayne Berson, CEO of BDO USA. “Their comprehensive capabilities across multiple business lines and industries, specifically in the gaming and government sectors, will complement and enhance our current strengths in these sectors and triple our size in the region. We look forward to welcoming PBTK’s talented leadership team and professionals to BDO and working together to redefine excellence for our clients in Nevada, Utah and beyond.”
Founded in 1990, PBTK is a full-service accounting firm with clients across the real estate, construction, manufacturing, retail and wholesale, gaming and hospitality, government and nonprofit industries. Over the past 30 years, PBTK has become the largest locally-owned accounting firm in Southern Nevada and has a growing presence in Reno, Nevada. PBTK’s Salt Lake City office focuses on government auditing, litigation support, valuation and transactions, bankruptcy and receiverships, regulatory compliance outsourcing, and internal audit services.
“By joining BDO, PBTK clients will still receive the same excellent service from a deep-rooted local team, but will now have access to the additional global resources and capabilities of an international firm,” said Thomas Donohue, President of Piercy Bowler Taylor & Kern. “We were immediately drawn to BDO’s people-first culture, as well as their significant investments in digital transformation. As we move forward together, we know our clients and our people will have increased opportunities to thrive and we are excited for what the future holds.”
“Yet another example of BDO’s successful growth strategy, this expansion adds enormous value for current and prospective clients, particularly those in the gaming and government industries,” said Allan D. Koltin, CEO of Koltin Consulting Group, who advised both firms on the transaction. “Piercy Bowler Taylor & Kern selected BDO because of its aligned and complementary culture, one that prioritizes remarkable client service.”
BDO will maintain PBTK’s three offices, including Las Vegas and Reno, Nevada locations and its Salt Lake City, Utah office.