CliftonLarsonAllen added two more firms Monday: CPWR LLP CPA in Dallas and Bray & Company CPA LLC in Milwaukee.
Both mergers took effect August 1 and are the latest in a string of M&A deals for CLA this year. The addition of CPWR will bolster CLA’s presence in Texas. The combined firm will have more than 130 professionals in Dallas and Fort Worth.
“CLA is the firm that takes care of Main Street America,” said CPWR managing partner Ron Colburn in a statement. “I can’t think of a better match as we help our clients through the complexities of today’s market.”
The Bray & Company deal will expand CLA’s footprint in Wisconsin. The combined firm will have nearly 280 people in Milwaukee and Southeast Wisconsin.
“CLA is a larger firm with a small firm mentality,” said Bray & Company owner Peter Bray in a statement. “I am excited to become part of a team that values client service as much as I do, and I appreciate the many resources behind me that I’m now able to bring to my clients.”
The two deals are just the latest in a series of mergers this year for CLA. At the beginning of July, CLA merged in two other firms: Peto & Company CPAs in Tucson, Ariz., and Repanich & Clevenger CPAs in Seattle, Wash. Earlier this year, it merged in Tsakopulos Brown Schott & Anchors, Adams, Martin & Associates, Bruner Cox, Four Point Partners, Guthoff Mehall Allen & Company, Komisar Brady & Co. LLP, and Galanti & Company P.C.
CLA ranked ninth on Accounting Today’s 2016 list of the Top 100 Firms, with $650 million in annual revenue.
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