Dallas-based business advisory platform Springline Advisory, which officially launched last month with backing from Dallas private equity firm Trinity Hunt Partners, has added BGBC, an accounting and advisory firm in Indianapolis.
Financial terms of the deal weren’t disclosed.
“We are thrilled to welcome BGBC to the Springline platform. Their entrepreneurial spirit and strong leadership complement our shared vision for growth,” Springline Advisory CEO Tim Brackney said in a statement. “This partnership will undoubtedly accelerate opportunity for growth and enhance value and experience for both our teams and clients.”
Founded in 1970, BGBC is a full-service accounting and advisory firm offering assurance, tax, and consulting services, with a staff of approximately 70 professionals.
“At BGBC, we’ve always prioritized an employee-centric culture, striving for excellence with a personal touch combined with exceptional client service. Joining the Springline platform aligns perfectly with our values, allowing us to scale our business while maintaining the trusted relationships we’ve built with our clients and commitment to our firm values and culture,” said BGBC Managing Partner Kyle Simmerman.
Allan Koltin, CEO of Koltin Consulting Group, who provided counsel to BGBC Partners, said of the deal, “BGBC Partners is one of the top CPA firms in Indianapolis, and this combination should accelerate their growth as well as provide additional resources and services for their clients. Combined with the financial backing of private equity firm Trinity Hunt Partners, I’m expecting big things from this group.”