In a move that amplifies and strengthens its existing coverage and service capabilities, Baker Tilly US has announced multiple acquisitions.
Effective 1 November 2021, the firm has acquired New York-based Margolin, Winer & Evens LLP (MWE), one of the largest regional accounting and business advisory firms in the Northeast. MWE has been serving New York clients and the greater metro area for 75 years. Their industry expertise in real estate, manufacturing and distribution is a great match with Baker Tilly’s national practices and local teams. MWE’s 130 team members will continue to serve clients locally and nationally from New York, increasing Baker Tilly’s New York team to nearly 400 professionals.
Also effective 1 November 2021, Baker Tilly US has acquired West Virginia-based accounting and consulting firm Arnett Carbis Toothman, LLP (ACT) and its subsidiaries. This forms part of the firm’s expansion of its Mid-Atlantic and Northeast footprint, with a particular focus on the I-95 corridor.
This month, the firm announced that it will enter the strategic market of Boston with the acquisition of The MFA Companies (MFA), effective 2 December 2021. This expansion positions Baker Tilly’s life sciences practice in 10 of the top 13 life science clusters in the US. The combination turbo-charges the firms’ ability to scale and serve clients, notably in healthcare, technology, higher education, private equity and government contractors.
Finally, in a move that sees Baker Tilly US create a Mortgage Lender Centre of Excellence, the firm has announced it will acquire California-based The Compliance Group (TCG), a one-stop-shop for mortgage lenders requiring regulatory compliance and seeking risk management. The combination will be effective 6 December 2021.
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