Chicago-based IPA 100 firm Baker Tilly (FY24 net revenue of $1.72 billion) announced the acquisition of Dallas-based firm Invoke Tax Partners (Invoke). This acquisition enhances Baker Tilly’s capabilities in real estate and business personal property tax, sales and use tax and severance tax.
“By bringing Invoke’s cutting-edge expertise and dynamic team into Baker Tilly, we’re not just augmenting our specialty tax services — we’re redefining how we deliver value to clients on a national level,” said Lynette Stolarzyk, MP – tax services at Baker Tilly. “This combination empowers us to drive meaningful results for clients in key industries like manufacturing, commercial real estate, energy and distribution.”
The addition of Invoke is a strategic move that aligns with Baker Tilly’s ongoing commitment to expanding its specialized service offerings and deepening its client relationships. This acquisition, along with other recent acquisitions, represents a continued effort to strategically broaden the firm’s footprint and expertise, supported by Baker Tilly’s private equity investment from Hellman & Friedman and Valeas Capital Partners.
“These acquisitions reflect the momentum generated by our recent investment, which is accelerating our growth strategy and enabling us to deliver even greater value to our clients and teams across key markets,” said Fred Massanova, Baker Tilly’s chief growth officer.
“This is an exciting next chapter for Invoke,” said Mark Boozer, founding partner of Invoke Tax Partners. “Joining Baker Tilly not only creates new growth opportunities for our team, our combined capabilities will drive value for our existing and future clients while preserving the quality and service that have always defined our work.”
