Top 35 accounting firm BPM is expanding its reach in Canada by merging in WBM Partners, a Burlington, Ontario-based boutique accounting and advisory firm, in a deal expected to be completed on June 1.
Financial terms of the deal weren’t disclosed. With this combination, BPM will add 37 professionals with offices in Burlington and Calgary, bringing the firm’s total Canadian locations to three and total colleagues to 125. The firm also has an office in Montreal.
San Francisco-based BPM said in a media release that the combination will significantly enhance its and WBM’s ability to serve clients across key industries in Canada, the U.S., and globally. BPM launched a new international network, BPM Global Ltd., on Feb. 3 made up of independent member firms, with Australia-based Enspira Financial as its first.
“WBM’s dedication to excellence, integrity, and value-added service aligns perfectly with BPM’s mission and values,” BPM CEO Jim Wallace said in a statement. “We are thrilled to welcome WBM to the BPM community. Together, we’re well-positioned to help clients achieve their goals and bring a full suite of services to the Canadian market.”
WBM offers a full suite of accounting, auditing, and business advisory services to individuals and organizations across industries, such as real estate and land development, hospitality, transportation, and professional services. In addition, WBM’s family office practice provides a range of services, including tax planning, estate planning, tax services, and family governance.
“Joining forces with BPM marks an exciting chapter for our clients, partners, and employees,” said Al-Karim Moloo, managing partner of WBM. “BPM’s emphasis on professional development and innovation provides unparalleled opportunities for our team and ensures we can deliver even greater value to our clients. We are excited about the possibilities this combination brings.”
“BPM’s family office services will help us deliver additional value to our family office clients,” added Dale Williams, one of WBM’s integrated advisors.
Thanks for reading CPA Practice Advisor!
Subscribe Already registered? Log In
Need more information? Read the FAQs
