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.”

You may like these other stories...

Here's a CPA who truly walks the walk. On March 15, Frank Ryan, CPA, departed San Diego, California, with plans to be in Ocean City, Maryland, by July 2 to teach a course at the Maryland Association of CPAs’ (MACPA...
When Theodore J. Flynn first joined the Massachusetts Society of CPAs (MSCPA) in 1970, it was a different world and a different profession.  The "Big Eight" were still headquartered in Boston. Vietnam War...
Accountant Rickey Charles Goodrich had it a little too good. Many bean counters would kill to serve as financial guru to the likes of Pearl Jam. Goodrich was hired in 2005, and the following year, he became the CFO of Curtis...

Upcoming CPE Webinars

Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.