Baker Tilly Bags One New York Accounting Firm; Looking for the Next One

Today in obscure firm merger news, Baker Tilly and New York-based Holtz Rubenstein Reminick have professed their love for each other and are entering into a holy union on June 1st.  

"We've been looking for the right merger partner in New York and we found that partner in Holtz Rubenstein Reminick. They have a strong reputation, considerable technical excellence, and a record of success," Timothy L. Christen, Chairman and CEO of Baker Tilly said. "The combination of these two well-respected firms will result in a $300+ million firm with more than 1,600 professionals, deepening our capabilities to better serve our clients."

Also, Crain's reports that BT is sizing up a few other firms in the New York area:

Baker Tilly CEO Tim Christen hopes the firm's first step into the local market will not be his last. He has a "target list" of about a half dozen firms he would like to explore deals with. He hopes to employ about 500 people in the New York area within the next few years.

So if you think your firm is a worthy target, you best ring them up quickly.

Baker Tilly Virchow Krause, LLP and Holtz Rubenstein Reminick LLP Announce Merger [HRR]
Latest accounting merger adds up [Crain's]

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