Wipfli merges in Tidestone Solutions
Wipfli LLP, a Top 20 Firm based in Milwaukee, has added Tidestone Solutions, a technology consulting firm in Portland, Maine, effective April 16.
Tidestone Solutions was founded in 1995 and concentrates on Microsoft Dynamics software implementations. It will fit in with Wipfli’s existing technology consulting services in the firm’s New England offices, which include four offices in Maine and New Hampshire.
Financial terms of the deal were not disclosed. Wipfli’s net revenue for the fiscal year ending May 31, 2019, was $361 million. Wipfli ranked 19th on Accounting Today’s 2020 list of the Top 100 Firms. Tidestone’s revenue is not available.
All eight associates from Tidestone will join Wipfli, including Tidestone Solutions’ leader, who will join Wipfli as a director. Wipfli currently has more than 2,600 associates, including over 265 partners, across 50 offices.
“In today’s marketplace, technology consulting, along with the insights and data provided by exceptional software platforms, are helping to enhance business performance,” said Wipfli managing partner Kurt Gresens in a statement Monday. “The exceptional skills and service offerings that Sandra Wyman and her team at Tidestone Solutions bring to Wipfli will accentuate the firm’s ability to continue to support our large client base of Microsoft Dynamics clients. With their exceptional track record of helping businesses throughout New England, we are excited to welcome the Tidestone Solutions associates to our firm.”
Tidestone Solutions has been recognized as a Microsoft ERP Silver Certified Partner. In 2014, Tidestone Solutions launched Your Cloud for Microsoft Dynamics GP, a Microsoft Azure-based cloud offering that offers an alternative to companies operating Microsoft Dynamics GP on in-house hardware servers.
“We are excited to join forces with Wipfli so our clients can benefit from the broader capabilities we can provide them to serve their growing needs, including Wipfli’s suite of industry-specific software products, and their ability to help us grow the YourCloud practice,” said Tidestone Solutions president and CEO Sandra Wyman in a statement. “For our employees, being part of a national consulting firm will allow their talents to be broadened through the variety of projects and the career development opportunities.”
In March, Wipfli added another technology consulting firm, Punchkick Interactive, based in Chicago. In January, Wipfli expanded in Denver by adding advisory firm Strategem. Wipfli also did a number of M&A deals last year. In November, Wipfli expanded in Naperville, Illinois, by merging in Klein Hall. In October, it combined with Porter Keadle Moore in Atlanta. The firm also added Patke & Associates in Illinois in August, TopLine Strategies in Arizona in June, and Howe, Riley & Howe, in Bedford, New Hampshire, in January.