Mueller CPA merges in Mulcahy, Pauritsch, Salvador & Co.
Mueller CPA has merged in Mulcahy, Pauritsch, Salvador & Co., another firm in the Chicago area, effective Jan. 1, 2018, building its presence around the Windy City.
With the deal, Mueller, based in Elgin, Ill., will have a total of 160 employees (up from 118) serving clients from four (previously two) different offices in the Chicago area. Mulcahy, Pauritsch, Salvador & Co., Ltd., (known as MPS|CPA for short), has offices in Orland Park and Burr Ridge. MPS|CPA plans to operate under the Mueller name while serving clients in its existing offices.
Financial details of the deal were not disclosed. However, Mueller had annual revenue of $17.2 million, while MPS’s revenue was $9.6 million, so the combined firm is expected to have a total of $26.8 million in annual revenue. Mueller had 17 partners before the deal, while MPS had eight, so the combined firm is expected to have 25 partners in total.
“MPS is a top Chicago area accounting firm and respected business advisor and our goal in joining together is to provide increased depth and expertise to our clients, while maintaining the high levels of service they have come to expect” said Mueller managing partner David J. Nissen in a statement. “Additionally, our firms benefit from a broader geographic reach in the Chicago area. MPS|CPA 's offices in Burr Ridge and Orland Park complement our locations in Elgin and Chicago.”
Mueller also services clients globally as PKF Mueller as a member of the PKF international network of independent accounting firms.