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Firm Management

CLA to Combine with Top 200 CPA Firm Concannon Miller

When completed on Nov. 1, CLA will have about 330 employees in Pennsylvania and around 450 in Florida.

Top 10 accounting firm CliftonLarsonAllen (CLA) said this morning it is merging in Bethlehem, PA-based CPA firm Concannon Miller on Nov. 1.

Concannon Miller, which also has an office in St. Petersburg, FL, was ranked No. 191 in INSIDE Public Accounting’s list of the top 500 firms in the U.S. by revenue. In its most recent fiscal year, the firm brought in nearly $22.7 million.

Once completed, the merger will boost CLA’s headcount to more than 330 in Pennsylvania and more than 450 in Florida. CLA has more than 7,500 employees nationwide.

“Growth for CLA is about enhancing our ability to create opportunities for our clients, our people, and our communities,” Scott Engelbrecht, chief geographic officer at CLA, said in a written statement. “We’re always seeking ways to help—whether personal, financial, or business. Welcoming the Concannon Miller team members supports our promise to know and help those around us.”

Incorporated in 1962, with roots going back to the 1920s, Concannon Miller has grown to a full-service tax, accounting, and consulting firm, with clients ranging from large, privately held manufacturers and distributors to small- and midsized businesses to McDonald’s franchisees to families and nonprofits.

“We take our clients’ needs to heart and commit to fully understanding their business and their goals, both professional and personal,” said Ted Witman, Concannon Miller president and chief operating officer. “CLA shares this promise, which is a key reason behind our decision to join the firm.”

Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination, said about the deal: “CLA continues on its magical journey of adding deep and specialized talent to the firm. What is notable here are two distinct qualities Concannon Miller team members bring to the table—experience at one of the preeminent accounting and tax firms in Lehigh Valley and also famous nationally in serving McDonald’s franchisees.”

The 130-plus former Concannon Miller team members will continue to serve clients locally and nationally from Bethlehem and St. Petersburg.

CLA is the ninth largest accounting firm in the U.S. by revenue, according to INSIDE Public Accounting, raking in nearly $1.5 billion during its most recent fiscal year.