CHICAGO and DALLAS (Jan. 22, 2019) – Accounting and advisory firm Baker Tilly Virchow Krause, LLP (Baker Tilly) and Montgomery Coscia Greilich LLP (MCG), a Dallas-based accounting and advisory firm, announce their intent to combine with an effective date of June 1, 2019.
The Dallas-Fort Worth regional economy is one of the most diverse in the nation. Texas is among the top two states in the country for Fortune 500 corporate headquarters, with 22 located in Dallas-Fort Worth. This combination further expands Baker Tilly’s presence in Texas with offices in four of the five largest cities in the state: Houston, Dallas, Austin and Fort Worth.
“MCG is one of the fastest-growing firms in the nation – a real testament to their progressive culture, innovative approach to business and deep-rooted relationships,” Alan Whitman, Baker Tilly CEO said. “This combination signals just the beginning of accelerated growth in the Dallas-Fort Worth region and state of Texas.”
MCG’s functional specialization in assurance, tax services, sales and use tax, and consulting services complements Baker Tilly’s industry specialization – especially in manufacturing and distribution, private equity, healthcare, real estate and international services.
“There is genuine respect and a strong cultural alignment between MCG and Baker Tilly,” Gary Boyd, MCG managing partner said. “Each firm has an entrepreneurial spirit that brings together exceptional talent and complementary skillsets with a focus on people and a commitment to maximizing client value.”
Last October 2018, Baker Tilly announced its combination with MiddletonRaines+Zapata (MRZ), a Houston-area accounting and advisory firm. Allan D. Koltin, CEO of Koltin Consulting Group, advised on both combinations. “I’ve been consulting to accounting firms for close to four decades and can’t recall a firm that grew as fast organically as MCG. Equally impressive is the outstanding talent and leadership they have been able to attract,” Koltin said. “Baker Tilly is well on their way to becoming a national powerhouse – while keeping their entrepreneurial culture and passion for serving clients. These fundamentals shared by MCG is ultimately what brought the two firms together.”
Baker Tilly US, LLP (Baker Tilly) is a leading advisory, tax and assurance firm whose specialized professionals guide clients through an ever-changing business world, helping them win now and anticipate tomorrow. Headquartered in Chicago, Baker Tilly, and its affiliated entities, have operations in North America, South America, Europe, Asia and Australia. Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 145 territories, with 34,700 professionals. The combined worldwide revenue of independent member firms is $3.6 billion. Visit bakertilly.com or join the conversation on LinkedIn, Facebook and Twitter.
NOTE TO EDITORS:
Baker Tilly Virchow Krause, LLP is a member of the Baker Tilly International network, the members of which are separate and independent legal entities. Baker Tilly refers to the global network of accounting firms of Baker Tilly International Limited. Each member firm is a separate legal entity. Baker Tilly International Limited does not provide services to clients.
Montgomery Coscia Greilich LLP was founded in 2003 and has more than 300 professionals including 29 partners. MCG is ranked as the 7th largest accounting firm in the Dallas/Fort Worth Metroplex and provides taxation, assurance, sales & use tax, and consulting services to a wide range of clients. MCG is consistently recognized by Accounting Today and Inside Public Accounting as one of the Top 100 Accounting Firms in the Country. MCG has also been recognized by the Dallas Business Journal as a Best Place to Work for the years 2016 through 2018. For more information about MCG, visit mcggroup.com.