Chicago-based top 10 public accounting firm Baker Tilly said last week that it acquired Bay Area-based tax consultancy firm ACG. Terms of the deal, which goes into effect on Dec. 1, were not disclosed. ACG’s 50 professionals will join Baker Tilly next month.
ACG is the second tax consultancy firm Baker Tilly has recently acquired—a deal with True Partners Consulting went into effect on Nov. 1.
Pleasanton, CA-based ACG is a well-known name in corporate tax, especially in the technology and transportation sectors within Silicon Valley, and the firm serves clients across the U.S. These two recent transactions make Baker Tilly one of the largest firms providing corporate tax services in the Bay Area market.
“The Bay Area is a business and technology hub on the West Coast and an international connection point where we want to continue to grow. With ACG’s incredible talent on board, we look forward to what we can do next for our clients,” Lynette Stolarzyk, Bay Area managing partner for Baker Tilly, said in a written statement.
ACG CEO Alan Chinn added, “Joining forces with Baker Tilly catapults our ability to provide new and innovative ways to tackle our clients’ most pressing challenges on a national and international scale. Add to that, Baker Tilly’s purpose to unleash and amplify talent answered our desire to provide our team members with more resources and opportunities to achieve their professional goals.”
Baker Tilly is the 10th largest public accounting firm in the U.S. by revenue, according to INSIDE Public Accounting, bringing in $1.31 billion in its most recently fiscal year.