Eide Bailly merges in Vavrinek, Trine, Day
Eide Bailly is adding another Top 100 Firm, Vavrinek, Trine, Day & Company, expanding Eide Bailly to California, effective July 22, 2019.
The deal will give Eide Bailly 11 California offices and an expanded Phoenix office. Eide Bailly, based in Fargo, N.D., ranked 21st on Accounting Today’s 2019 list of the Top 100 Firms, while Vavrinek, Trine, Day & Company, based in Rancho Cucamonga, Calif., ranked in 85th place. Eide Bailly has $336 million in annual revenue, to which VTD will add $53 million in revenue. VTD will also add 42 partners and 280 staff to Eide Bailly, giving Eide Bailly a total of 331 partners and 2,400 staff members. The combined firm will have more than 40 offices in 15 states.
“The addition of VTD launches us into California with exceptional local talent and a culture that matches our own dedication to client service and being an employer of choice for our staff,” said Eide Bailly managing partner and CEO Dave Stende in a statement. “This combination deepens our expertise in several key industries that Eide Bailly serves. We look forward to welcoming VTD professionals and clients to our firm.”
VTD has enjoyed a strong reputation in California and Phoenix and brings expertise in several industries and services, including government, education, commercial, tax and financial institutions. Becoming part of Eide Bailly will bring tremendous opportunities for both clients and staff, according to VTD managing partner Kevin Pulliam. “Eide Bailly’s knowledge, resources, and consulting services will allow us to help our clients more fully,” he stated. “Whether it is technology consulting, wealth planning, or some other industry-specific advisory services, we’re excited to be able to offer more. On top of this, Eide Bailly is a firm of talented and down-to-earth people. They care deeply for the well-being of their clients, staff and communities; this describes us, too.”