Milwaukee-based Wipfli LLP (FY23 net revenue of $546.2 million) is merging in Clayton & McKervey of Southfield, Mich. (FY22 net revenue of $18.4 million), effective Sept. 1. The deal adds more than 90 shareholders and associates to Wipfli’s workforce of approximately 3,200, and more than 2,000 new clients.
“[Clayton & McKervey’s] strong reputation and business approach in accounting, audit, tax and consulting will be a great fit at Wipfli,” says Wipfli MP Kurt Gresens. “Their deep bench in helping startups and multinational companies based in the U.S. and abroad will help us connect with a broader client base, enabling us to introduce a larger range of consulting services including digital, cybersecurity, cloud computing and outsourced accounting services. Working together, we’ll be well-positioned to support them.”
Founded in 1953, Clayton & McKervey provides accounting, transaction, digital advisory, private client and client accounting services to closely held businesses in a range of industries, including manufacturing and distribution, architecture, engineering and industrial automation. The firm also helps companies establish a subsidiary or presence in the United States, and U.S. companies expand their businesses abroad.
“Wipfli’s focus on building relationships with clients aligns well with Clayton & McKervey culture,” says Clayton & McKervey president Rob Dutkiewicz. “Just like Wipfli, we’re dedicated to fostering the growth of our team and the companies they work with while operating at the highest level of integrity.”
“Clayton & McKervey was sought after by numerous suiters but selected Wipfli for the culture connections and strategic fit with middle-market and high-net-worth clients,” adds Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination. “They also saw huge growth opportunities for their younger talent and leaders.”
