Please ensure Javascript is enabled for purposes of website accessibility

For One Eide Bailly Partner, This Wipfli Merger Might Be “Like Getting Back Together with the Girl That Kicked Him the Balls at Prom”

On Wednesday we reported that the latest entries into the accounting firm merger orgy were Wipfli and Eide Bailly. Today, the firms rolled out their trite little song and dance about client service, expanded geography and whatnot but we've been over that, so we'll spare you from repeating those details. What we do have is a few more details around that little rumor we spoke of on Wednesday about a former lead partner at Wipfli that left for Eide Bailly under tumultuous circumstances.

Greg Barber is currently the office managing partner of EB's Minneapolis office. He is also a former managing partner at Wipfli. He worked there for over 27 years, according to his LinkedIn profile. He left for Eide Bailly in 2007. The circumstances of which, sound pretty…um, not good, according to one of our sources, a person familiar with the situation at Wipfli at the time. The word is that Barber was forced out but our source declined to elaborate on the details. Fortunately, a second source got in touch with us and explained it this way: 

Greg Barber, former managing partner at Wipfli, was shown the door because he wanted accountability and growth. He is a super bright guy. I can't see how [the merger] works for him long term. When I say he was burned, I'm not exaggerating. He sees no upside to this. It's like getting back together with the girl that kicked him the balls at prom.

Unfortunately, Mr. Barber has not responded to email or voicemail messages. I had several questions but was mostly interested in seeing what he thought of the nut shot at prom characterization. A Wipfli spokesperson has similarly ignored my emails, messages in bottles, morse code communiqu├ęs, and I just received a package with my carrier pigeon inside. Beheaded. 

As for this situation at EBW, something tells me next year's holiday party is going to be really awkward. 

Latest Accounting Jobs--Apply Now:

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Comments are closed.

Related articles


Rumor Has It Something’s Going Down at Marcum (UPDATE)

In November Financial Times wrote a quick little story about accounting firms eyeing private equity deals, a topic that first gained visibility when TowerBrook Capital Partners purchased an ownership stake in EisnerAmper way back in 2021. The FT story listed BDO, Grant Thornton, and Marcum as firms that have explored these deals, though none of […]

business people shaking hands

Baker Tilly Will Be Making Moves

A couple months ago I guessed that Baker Tilly was working on a big merger — to which a merger expert I pester from time to time asked incredulously “with who?” (paraphrased) — and then suddenly CEO Alan Whitman up and left making me think maybe I was wrong. Whitman’s sudden departure was a little […]