Milwaukee, Wis.-based Wipfli (FY17 net revenue of $274.8 million) acquired Kessler Orlean Silver & Co. (KOS) of Deerfield, Ill., effective Jan. 1. As part of this combination, 50 KOS professionals, including seven partners, have joined Wipfli.
“The addition of this long-time Chicago firm signifies another significant step toward further strengthening our firm’s physical presence in this key market and helping us to better serve mid-sized Chicagoland businesses with deeper resources locally,” says Rick Dreher, Wipfli’s MP. “We feel fortunate to have found a firm with a shared dedication to providing high-quality service and a similar focus on helping small and mid-sized businesses reach and exceed their goals.”
“Our clients are continually adapting to an ever-changing business landscape that presents many challenges to small and mid-sized businesses. While we are proud of the many decades we have served the Chicago market as an independent firm, Kessler Orlean Silver and Company has always been committed to providing our clients with the best solutions possible to help them achieve their goals,” says KOS MP Jeff Arnol.
By combining with Wipfli, we are better positioned to help our clients capitalize on the opportunities ahead, providing more industry-focused specialization and having access to a larger resource pool of diverse experience and niche expertise, while continuing to provide that same exceptional service to our clients.”
Allan D. Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination, commented, “Wipfli has become a major force in the Chicago market literally overnight and I believe their expansion will only continue to increase. Their depth of resources, great leadership and entrepreneurial culture continue to be the major reasons why successful firms all over the country are combining with them.”