CLA acquires Perkins & Co.

Top 20 Firm CliftonLarsonAllen acquired Regional Leader Perkins & Co., effective today.

Processing Content

Perkins & Co. is an accounting and advisory firm based in Portland, Oregon, that services privately held businesses and nonprofits across Oregon and Washington. The deal expands CLA's presence in the Pacific Northwest and adds 200 employees and nearly $50 million in revenue. 

CLA ranked No. 11 on Accounting Today's 2026 Top 100 Firms list. It reported $2.1 billion in revenue, with over nearly 9,300 employees across 120 offices. 

cla-irvine-location.jpg

"Perkins & Company brings a strong reputation in the Pacific Northwest, and a culture centered on relationships and community," Paul Bailey, chief growth officer at CLA, said in a statement. "Their experience serving privately held businesses, nonprofits and professional services organizations aligns well with CLA's approach, and we're pleased to welcome their team as they continue serving clients locally."

The deal came together as a result of the long-standing relationships between the two firms.

"We have been talking with Jared [Holum] and the Perkins team for quite some time, and it is that relationship, a shared vision, that is the reason this is such a great connection," Scott Engelbrecht, CLA's chief development officer, said in a statement. "The CLA partnership, our independent model, means that we don't engage with advisors or brokers to close the deal. It is our investment, those who are in the office each day, working directly with clients, delivering impeccable service. That is what independence is all about, not the name on the door, but the people in the room."

'This decision was made thoughtfully and from a position of strength, with a focus on continuing to serve our clients at the level they expect while expanding what we can bring to them," Jared Holum, president of Perkins & Co., said in a statement. "Just as important, it gives our people new opportunities to grow while keeping our relationships, culture and local presence at the center of everything we do."

The firm has made numerous acquisitions in recent years. In April, it added two firms: M&A advisory firm Meridian Capital in Seattle, and technology advisory firm Answerport in Milwaukee.

Last year, CLA merged in Maryland-based Dembo Jones. In 2024, it added Axiom CPAs & Business Advisors in Albuquerque, New Mexico, Engine B, a London-based AI company, and Ronald Blue and Co. In 2023, it acquired Richard, Witt & Charles in Garden City, New York; Frost & Co. in Tacoma, Washington; and Gilmore Jasion Mahler in Toledo and Findlay, Ohio. In 2022, it did a number of mergers and acquisitions, including with Hayashi Wayland in Salinas, California, Concannon Miller in Florida and Pennsylvania, and Price CPAs in Nashville, Tennessee.


For reprint and licensing requests for this article, click here.
Practice management M&A Oregon
MORE FROM ACCOUNTING TODAY
Load More