Looking to expand its CPA Solutions team, St. Cloud, Minn.-based IPA 100 firm BerganKDV (FY20 net revenue of $80.4 million) is merging in Simma Flottemesch and Orenstein (SFO) of Minneapolis.
Founded in 1975, SFO provides tax, audit, accounting and business advisory services to clients in and around the Twin Cities area. The SFO team consists of 20 individuals, including three shareholders, bringing BerganKDV’s current Twin Cities headcount to around 130 employees. When the deal closes on June 1, SFO will adopt the BerganKDV name and brand.
“We are incredibly excited to work alongside SFO due to our shared Midwestern roots and strong work ethic,” says Tim Engeldinger, CPA Solutions leader at BerganKDV. “They have been a leading firm in the downtown Minneapolis area, and I speak for many when I say that their resources and immense talent will be of huge benefit to our clients and current team members.”