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Subscribe16 MAY 2024 / M&A UPDATES
Advisory, tax, and audit firm Baker Tilly has acquired Seiler LLP, strengthening its footing in the San Francisco Bay Area, where it serves family offices and ultra-high-net-worth clients. Aiding its aim to be a top five firm in the Bay Area, the move has strategic implications in further diversifying its service offerings and expanding its technical expertise, particularly beneficial to its clients and fostering growth.
Baker Tilly, a leading advisory, tax, and audit firm, has announced its acquisition of Seiler LLP, effective July 1, 2024. This strategic move enhances Baker Tilly's footprint in the San Francisco Bay Area, particularly in serving family offices and ultra-high-net-worth clients.
Firm Overview:
Seiler, established over 65 years ago, has been a prominent advisory, tax, and accounting services provider in Silicon Valley and the broader Bay Area. The firm has a strong reputation for serving ultra-high-net-worth individuals, families, closely held enterprises, and non-profit organizations across the country.
Leadership Changes:
Following the acquisition, Seiler CEO George Marinos will assume the role of Baker Tilly’s Regional Tax Leader – Western U.S., succeeding Gabe Torre, who will become Managing Partner – Western U.S. Additionally, Seiler Partner Ron LaVelle will lead Baker Tilly's Private Wealth practice.
Strategic Implications:
This acquisition positions Baker Tilly as a top five firm in the Bay Area, reinforcing its commitment to delivering unparalleled service to family offices and ultra-high-net-worth clients. The combination aims to provide expansive resources, technical expertise, and service lines that will benefit clients and employees, fostering a dynamic platform for growth.
The integration of Seiler into Baker Tilly's operations is expected to enhance the firm's capabilities in the Bay Area, offering clients a broader range of specialized services and reinforcing Baker Tilly's presence in this pivotal market.
Until next time…
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