Baker Tilly Acquires Fellow IPA 100 Firm

Chicago-based IPA 100 firm Baker Tilly (FY22 net revenue of $1.31 billion) has set its sights just across town for its latest acquisition, merging in fellow Chicago-based IPA 100 firm True Partners Consulting LLC (TPC) (FY21 net revenue of $48.8 million).

“TPC has incredible talent and a market reputation for excellence,” says Craig Weaver, Baker Tilly’s MP for tax. “Together, we have a shared drive to enhance the client experience through technology.”

Founded in 2005, TPC specializes in providing high-end tax services, with a particular focus on technology startups, and public and private enterprises. When the deal closes on Nov. 1, TPC’s 210 professionals will join Baker Tilly.

“Baker Tilly brings substantial resources and capabilities to TPC’s clients – and greatly expanded opportunities for our team members,” says TPC CEO Tim Costello. “We have always been focused on the future, and we look forward to continuing that focus on a larger scale.”

“TPC is well known in the tax space – they know it inside and out,” adds Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination. “Baker Tilly’s strategy and client service philosophy, combined with its purpose to unleash and amplify talent, emerged as the natural choice to catapult TPC’s future-forward vision.”



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