Chicago-based IPA 100 firm Baker Tilly (FY24 net revenue of $1.72 billion) announced its intent to acquire Nashville, Tenn.-based IPA 200 firm KraftCPAs PLLC (FY23 net revenue of $35.7 million). The combination marks another milestone in Baker Tilly’s strategic growth, further expanding its footprint in the Southeast and enhancing its ability to serve clients in one of the nation’s fastest-growing markets.
“Our firms share a commitment to high-quality service and a culture rooted in collaboration and integrity,” said Chris Hight, chief manager of KraftCPAs. “By joining Baker Tilly, we’re expanding what’s possible for our clients and giving our team exciting new paths to grow and thrive.”
The Nashville market continues to experience rapid growth and transformation. KraftCPAs’s strong local presence and industry specialization, combined with Baker Tilly’s national scale and resources, position the combined firm to meet increasing demand for specialized, forward-looking solutions.
“This combination is about bringing together two like-minded firms to better serve our clients and communities,” said Monica Dalwadi, Baker Tilly MP – Eastern U.S. “KraftCPAs’s brings not only deep local roots, but also industry expertise that strengthens our presence in the Southeast — a region where we’re focused on strategic, long-term investment.”
Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination, said: “KraftCPAs is highly respected in the Nashville business community with a long history of trusted leadership. Their decision to join Baker Tilly is a smart, strategic move that positions both firms for continued success and growth in a competitive market.”
