Chicago-based IPA 100 firm Baker Tilly (FY24 net revenue of $1.72 billion) announced its intent to acquire Huntington, W. Va.-based firm Hayflich CPAs PLLC. This acquisition strengthens Baker Tilly’s presence in the mid-Atlantic region and enhances its ability to deliver tailored solutions to businesses and individuals.
“Hayflich CPAs has built a strong reputation over its 70-year history, and we are excited to welcome their talented team to Baker Tilly. Together, we will create even greater opportunities for our clients and team members,” said Fred Massanova, Baker Tilly’s CGO.
Hayflich CPAs provides audit, tax and advisory services with specialization in the wholesale distribution, construction and manufacturing industries. Through this combination, Hayflich’s clients will gain access to Baker Tilly’s broader network of specialized services and innovative solutions.
“Joining Baker Tilly opens new opportunities for our clients and team members. We are excited to bring our local expertise to a firm that values strong client relationships and forward-thinking solutions,” said Rob Fuller, MP of Hayflich CPAs.
The acquisition reflects Baker Tilly’s strategy of combining deep local knowledge with national and global capabilities to drive meaningful results. Clients will continue working with their trusted advisors while benefiting from Baker Tilly’s expanded expertise and technology-driven approach.
As is customary for firms operating in alternative practice structures, the transaction involves two acquisitions: Baker Tilly US, LLP will acquire attest assets, while Baker Tilly Advisory Group, LP will acquire nonattest assets.
