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DSB Rock Island Acquires Meuwissen Flygare Kadrlik and Associates P.A.
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Subscribe10 DEC 2024 / SERVICES UPDATES
Minneapolis-based DSB Rock Island has merged with Meuwissen Flygare Kadrlik and Associates P.A. (MFK), enhancing its service offerings and expanding its workforce to 110 employees, including 16 partners. The merger, driven by shared visions and growth plans, will generate an estimated $31 million in revenue, providing enhanced services such as estate planning, M&A advisory, and succession planning, while also offering career advancement opportunities for the team.
Strategic Merger to Expand Service Offerings
Minneapolis-based DSB Rock Island has successfully merged with Meuwissen Flygare Kadrlik and Associates P.A. (MFK), effective December 1, 2024. This acquisition strengthens DSB Rock Island’s team and enhances its service portfolio, expanding its reach to new clients and markets.
Reason for the Acquisition
According to Sean Boland, president of DSB Rock Island, the merger was driven by a shared vision between both firms. "We took time to figure out what was important to them, which includes career advancement for their team and a more robust service offering for clients,” said Boland. This alignment with DSB Rock Island’s growth plan made the acquisition a natural fit, both in terms of business mission and organizational structure.
Expanding Resources and Services
The acquisition will see DSB Rock Island’s workforce grow to 110 employees, including 16 partners, and is expected to generate an estimated $31 million in revenue. The merger enhances the firm’s capabilities, adding specialized services such as estate planning, M&A advisory, and succession planning. MFK’s managing partner, Scott Kadrlik, noted that this partnership offers an expanded range of services and a long-term transition plan, enabling the firm to better serve clients while providing career growth opportunities for its team.
Continuity and Future Plans
Despite the merger, MFK’s team will remain intact, ensuring continuity for their clients. Kadrlik expressed excitement about the integration of new resources and technologies and emphasized that this will create a stronger foundation for future growth and service excellence.
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