Naperville, Ill.-based Sikich (FY22 net revenue of $316.4 million) announced that it has entered an agreement to acquire the federal government practice of IPA 100 firm CliftonLarsonAllen LLP (FY21 net revenue of $1.5 billion). This move will build upon Sikich’s position as a full-service provider for government agencies and contractors, and expand the firm’s presence in the Washington, D.C., market.
“The federal government vertical is a priority space for Sikich – we’ve been hyper-focused on growing our federal offerings and expertise over the past few years,” said Steven Koons, federal government services leader at Sikich. “The addition of CLA’s federal government practice allows us to continue this growth trajectory, adding to our bench of experts, enhancing our market-leading capabilities for federal clients, and providing new opportunities to work with major government entities.”
CLA’s federal government practice, based in Washington, D.C., provides audit, accounting and assurance services to help clients establish reliable financial data to make key business decisions. The practice works with a variety of government agencies and entities, including the U.S. Department of Transportation, the Defense Commissary Agency and the U.S. Nuclear Regulatory Commission.
More than 70 employees, including four principals, from CLA’s federal government practice will join Sikich’s D.C office. The transaction is scheduled to close Dec. 31.
