With an eye on expanding into the Southwest, Chicago-based IPA 100 firm Baker Tilly (FY22 net revenue of $1.31 billion) is merging in Tempe, Ariz.-based IPA 200 firm Henry+Horne (FY21 net revenue of $35.5 million).
“The business activity happening in Arizona makes it a prime entry point to the Southwest and a natural extension of our West Coast presence,” says Steve Milner, regional MP of the western U.S. for Baker Tilly. “Henry+Horne is deeply engrained in the business momentum happening there.”
Founded in 1957, Henry+Horne provides audit, accounting, tax consulting and compliance, litigation and valuation, estate, gift and trust, and international services to closely held businesses and high-net-worth individuals throughout the United States and internationally. When the deal becomes effective on Dec. 1, Henry+Horne co-MP Chuck Goodmiller will become Baker Tilly’s MP for the Arizona market, and the firm’s 160 professionals will join Baker Tilly.
“We recognized how this union would allow us to take what we do for our clients to the next level,” says Goodmiller. “And that means thinking first about what this means for our people. We looked for a firm with a strong commitment to its people, and we found it with Baker Tilly.”
“Henry+Horne’s admirable reputation made it an attractive partner to a number of other top accounting and consulting firms wanting to grow in the Southwest,” adds Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination. “Baker Tilly stood out for their vision and strategy that leads to endless possibilities for their clients and people.”
