Accounting firms Baker Tilly and RGL Forensics are merging

News, New York Business JournalAugust 2018

Insurance / Legal / Corporate

Accounting and advisory firms Baker Tilly Virchow Krause LLP and RGL Forensics are combining, the New York Business Journal has learned.

As appeared in the New York Business Journal, August 9, 2018

By: Anthony Noto

Accounting and advisory firms Baker Tilly Virchow Krause LLP and RGL Forensics are combining, the New York Business Journal has learned.

The merger represents an opportunity for expansion in several markets, especially in New York where both companies already have a presence.

“The combination of RGL and Baker Tilly deepens our firm’s expertise in forensic accounting services and gives RGL greater resources and capacity to serve clients on a larger scale,” Baker Tilly CEO Alan Whitman said in an emailed statement. “This merger represents strategic growth for both firms nationally and globally.”

The merger will be in full effect by the end of the year.

Englewood, Colorado-based RGL will continue to operate under its current brand as the firms work through their integration strategy.

RGL CEO Angela MacPhee also issued a prepared statement:

"We are proud of our lasting relationships with our clients around the world and our reputation for providing financial clarity to our clients. Combining our full team with Baker Tilly gives us a wider platform and more delivery channels to better serve our clients. Baker Tilly’s entrepreneurial culture and well-earned reputation as a great place to work provides our team with even more opportunities."

RGL is an international firm of accounting, valuation and technology professionals specializing in the quantification of economic damages, financial analysis, fraud investigation and expert witness services.

The combination of RGL and Baker Tilly expands both firms and gives Baker Tilly an international presence.

Chicago-based Baker Tilly ranks among the nation’s 15 largest accounting firms. The company was known as Virchow Krause & Co. before adopting the name of the global network to which it belonged in 2009.

In 2015, it acquired Michigan-based Global Development Partners, an accounting firm that specializes in Latin American economies.

Today, it encompasses a worldwide network of independent accounting and business advisory firms in 147 locations.

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