Plante & Moran Plans Spring Merger With Chicago Firm

Plante & Moran, PLLC, a regional public accounting and consulting firm in the Midwest, is moving full speed ahead with an aggressive growth strategy to continue to position itself as a professional services firm of choice for middle market businesses in the Great Lakes region.

The firm announced this week a merger with Chicago-based accounting firm Gleeson, Sklar, Sawyers and Cumpata (GSS&C). This merger will create the 10th largest accounting firm in the US. The combined firm, operating as Plante & Moran, will include 18 offices, including three Illinois locations, 1300 staff members & combined revenues of $191 million.

Bill Hermann, CPA, Plante & Moran’s Managing Partner, says the firm’s newly extended geographic reach builds on the firm’s 80 years of growth in Michigan and Ohio.

“Our merger with GSS&C is an entrée into one of the nation’s largest markets. We’ll build on GSS&C’s 37 years in the Chicago area, and Plante & Moran’s 80 years building and growing in Michigan and Ohio, to create a dynamic client-focused business advisory firm that is committed to grow in the Chicago area.“

George Cumpata, CPA, Managing Partner of GSS&C, will continue to lead the Illinois region. He acknowledges the growing trend of smaller firms partnering with larger regional firms to expand client service capabilities.

“Depth of targeted industry services has been the cornerstone of GSS&C since its founding,” explains Cumpata. “Merging our capabilities with Plante & Moran, however, takes us to an even higher level and we know that our clients and staff will benefit greatly from the intellectual resources and cumulative experience that a larger firm provides.”

Voice of the Editor

Even though any accounting auditor would tell you it seems like there are an awful lot of tax accountants out there, surely one-third of the country isn't made up of tax preparers, so it's rather startling news to learn that one-third of Americans like to do their taxes. Who knew?
ADVERTISEMENT

This Week on AccountingWEB

Bill Walter of Gross, Mendelsohn & Associates and Harold Gaar of TravisWolff LLP weigh in on mobile technology use while employees are at work.
WestArk RSVP and Fayette County Community Action Agency – organizations that received grant funding through the IRS Tax Counseling for the Elderly (TCE) program – spoke with AccountingWEB about how they assist senior citizens in their communities.
CPA Robert Raiola, who heads the Sports & Entertainment Group of Fazio, Mannuzza, Roche, Tankel, LaPilusa, LLC, talks NFL player income taxes with AccountingWEB.
Retiring KPMG Centennial Professor of Accounting at the University of Texas at Austin McCombs School of Business Robert May, PhD talks with AccountingWEB about his rewarding forty-three-year career.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT