Top 20 accounting firm Eide Bailly will officially expand to Virginia on Dec. 8 when it combines with Norfolk-based CPA firm Wall, Einhorn & Chernitzer.
Financial terms of the deal weren’t disclosed.
This latest move marks two milestones for Fargo, ND-based Eide Bailly: its first office in Virginia and its official arrival on the East Coast.
The firm currently has offices in Arizona, California, Colorado, Idaho, Illinois, Iowa, Minnesota, Montana, Nebraska, Nevada, North Dakota, Ohio, Oklahoma, South Dakota, Texas, Utah, and Washington.
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“We’re thrilled to welcome the talented team at WEC to Eide Bailly,” Jeremy Hauk, managing partner and CEO of Eide Bailly, said in a statement on Dec. 2. “Their client-focused approach and industry expertise align perfectly with our culture and strategic vision. This expansion strengthens our ability to serve dynamic markets and opens new opportunities for growth.”
With more than 30 years of experience, WEC is recognized for its innovative approach to assurance, tax, accounting, and advisory services.
The firm serves a diverse client base, from individual entrepreneurs to large organizations, across industries such as real estate, manufacturing, construction, government contracting, and technology.
“Joining Eide Bailly allows us to build on our strong foundation while giving our clients access to expanded resources and expertise,” said Angela Kerns, managing shareholder at WEC. “We’re excited to continue delivering the personalized service our clients value while leveraging Eide Bailly’s depth in areas like national tax, technology consulting, and business advisory.”
Eide Bailly’s last M&A deal was this past June when it added Traner Smith, an Edmonds, WA-based accounting firm.
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With more than 3,500 staff and partners, Eide Bailly has more than 50 offices in the U.S. and India.
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