BKD announces merger with Dallas-based KBA Group
Dallas-based accounting firm KBA Group LLP's partners and staff will join Springfield, MO-based BKD, LLP, one of the 10 largest CPA and advisory firms in the United States, on June 1, 2009, said BKD Chief Executive Officer Neal D. Spencer.
The eight KBA partners bring approximately $16 million in annual revenue and 95 team members to BKD.
The professionals at KBA Group provide audit, tax, risk management, and transaction advisory services, as well as family-owned business services to private companies in a variety of industries.
"We want to continue our strategy of wise growth, and the timing was right for us to have the partners and staff at KBA join us," Spencer said. "The commitment to excellence and client service of KBA's partners makes them an excellent addition to BKD."
This expansion will allow BKD to meet the needs of the rapidly growing Texas market as it serves clients from its offices in Houston, San Antonio, and now Dallas. BKD, with headquarters in Springfield, MO, is ranked among the 10 largest CPA and advisory firms in the country with approximately $354 million in annual revenues and more than 2,000 personnel, including approximately 250 partners, in 32 offices within 12 states.
The firm provides consulting, tax, assurance, accounting outsourcing, information technology, investment advisory, and corporate finance services, as well as specialized consulting for the technology, health care, financial institutions, manufacturing, distribution, construction, real estate, not-for-profit, and government industries.
"We believe joining BKD is a perfect match," said KBA Managing Partner Larry King. "We and BKD have exceptional credentials and both insist on an attentive service style and a people-first mentality. A wider array of services offered and industries served will allow us to better meet the needs of all of our clients in this growing global market."
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.