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Aprio Expands into Midwest with Acquisitions of KRD, Ltd. and Burkett & Beattie, Inc.
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Subscribe03 JAN 2025 / M&A UPDATES
Business advisory and accounting firm Aprio has acquired two Chicago-based firms, KRD, Ltd. and Burkett & Beattie, Inc., to expand its presence in the greater Chicago region. The strategic move, which aims to enhance Aprio's service offerings, adds nearly 110 professionals to the company's team and enhances its capabilities in serving diverse business sectors.
Aprio, a leading business advisory and accounting firm, has announced the strategic acquisitions of two Chicago-based firms: KRD, Ltd. and Burkett & Beattie, Inc. (B&B). This expansion into the greater Chicago area aligns with Aprio's commitment to broadening its national presence and enhancing its service offerings.
The acquisition of KRD, Ltd., a premier firm providing financial, wealth planning, assurance, tax, consulting, and outsourced accounting services, adds nearly 110 professionals to Aprio's team. Jon Segal, Managing Partner of KRD, Ltd., joins Aprio as the Midwest regional leader and Chicago and Schaumburg office leader. He expressed enthusiasm about the merger, stating, "By joining forces with Aprio, we gain access to a broader network of top talent, innovative technologies, and solutions, while preserving KRD’s unique qualities and personalized approach that has set us apart in the marketplace."
Burkett & Beattie, Inc. specializes in full-service accounting and tax services, focusing on small, growing businesses across various industries, including health clubs, marketing research, and veterinary hospitals. The addition of B&B enhances Aprio's capabilities in serving diverse business sectors. Sandra Burkett and Christopher Beattie, Managing Partners of B&B, expressed their excitement about the partnership, noting the opportunity for continued career growth and the chance to work with a broader range of clients and industries.
Richard Kopelman, CEO of Aprio, stated, "We are pleased to expand our footprint into the greater Chicago area and tap into one of the country’s fastest-growing business hubs. KRD and Burkett & Beattie have a proven track record as trusted business advisors across the Midwest. This strategic alignment underscores our commitment to investing in and scaling our business for the advancement of our valued clients and team members."
Founded in 1952, Aprio is a top 25 business advisory and accounting firm headquartered in Atlanta, Georgia. The firm offers a comprehensive range of services, including audit and assurance, tax, consulting, and outsourced accounting, serving clients across the U.S. and in over 50 countries.
The strategic acquisitions of KRD, Ltd. and Burkett & Beattie, Inc. reflect Aprio's dedication to expanding its national footprint and enhancing its service offerings to meet the evolving needs of its clients.
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