Springfield, Mo.-based BKD (FY18 net revenue of $662.9 million) has reached an agreement with Chicago-based Grant Thornton (FY18 net revenue of $1.87 billion) to acquire a portion of the latter’s municipal government audit practice, most of which is based in Texas and Oklahoma. BKD will also acquire several not-for-profit (NFP), commercial and benefit plan clients in the transaction, providing a boost to one of the firm’s fastest-growing niches.
As part of the deal, BKD is admitting three new partners: Ben Kohnle joined the firm’s Dallas office effective April 1; Angie Dunlap will join the Houston office on June 15; and Dan Barron will join the Dallas office on Aug. 15.
“We’re excited about the clients that Ben, Dan and Angie will bring to BKD, and we also see tremendous promise in their abilities to help us grow our public sector practice, especially with large cities and public universities,” says BKD CEO Ted Dickman. “The South region’s public sector and NFP practice has grown nearly 14% in FY 2020 so far, and adding this new talent will help us maintain our momentum into 2021 and beyond.”