LarsonAllen Strengthens Minnesota Foothold

Minneapolis (Dec. 24, 2003) -- Top-ranked accounting firm LarsonAllen has bolstered its foothold in Minnesota with the merger of New Ulm-based Biebl, Ranweiler, Christiansen, Meyer, Thompson & Co. into its fold.

BRCMT specializes in agricultural taxation. As part of the deal, a separate entity, Biebl, Ranweiler & Co. LLC, led by Andy Biebl and Bob Ranweiler, will offer tax seminar and training services, and will maintain a network of support services that BRCMT provides to other independent CPA firms.

"For some of our clients, little will change. But many of our business clients will benefit from the industry expertise of LarsonAllen in areas such as banking, manufacturing, auto dealerships and health care," said Bob Ranweiler, managing partner of BRCMT.

LarsonAllen said it will employ about 30 people in the New Ulm location. The firm has 750 employees and $88 million in revenue. The merger, effective Jan. 1, 2004, marks the firm's second deal in two months. Last month, LarsonAllen expanded into Wisconsin when it acquired Eau Claire-based Stienessen, Schlegel & Co. At that time, Larson chief executive Gordon Viere said the firm's long-term expansion plans centered around developing hub offices in areas where it has industry specialization capabilities.

-- WebCPA staff

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