Roseville, Calif.-based GALLINA (FY15 net revenue of $48.9 million) is merging into Minneapolis-based CliftonLarsonAllen LLP (CLA) (FY15 net revenue of $650.7 million) on Jan. 1.
GALLINA will assume the CLA name, and Larry Taylor, MP of GALLINA, will serve on the CLA leadership team as chief practice officer. GALLINA, after a series of mergers over the years, now has 12 offices in California, Utah, Washington and Nevada, and specializes in construction and real estate.
The CLA merger is expected to double expertise in those areas, as well as strengthening capabilities in agribusiness, manufacturing and distribution, and many other industries. CLA is ranked No. 9 on the 2016 IPA 100 list of largest firms in the nation.
“By joining CLA, we have an ability to better serve our clients by bringing them a greater depth of service offerings through more robust resources,” says Taylor. “This will also provide exceptional growth and expanded career opportunities for our team members in tax, audit and consulting.”
GALLINA regional MP Teresa Arrighi says, “I am confident the clients we serve will value the expanded seamless integrated capabilities our combined firms offer.” Arrighi will join CLA’s construction and real estate executive team.
“There is tremendous synergy between the GALLINA and CLA teams,” says CLA CEO Denny Schleper. “Together, we remain committed to serving privately held businesses and their owners with deep industry knowledge, striving to offer integrated capabilities that exceed our clients’ expectations.”
Allan Koltin, CEO of Koltin Consulting Group who advised both firms on the merger, says GALLINA met with five or six national firms and selected CLA, which has a culture, strategy and client service philosophy “identical” to GALLINA’s. “The obvious benefits were the additional industry niches and the ability to offer other services in its construction practice.” Also, the merger provides growth opportunities for future leaders, he said.
GALLINA’s team of more than 300 professionals will continue to serve clients locally and nationally from their locations in California, Nevada, Utah and Washington. Its Rancho Cordova, Calif., office is being combined with its headquarters office in Roseville, where nearly half of GALLINA’s professionals work.