Thoughts on the Baker Tilly merger?

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By Accounting Today standards, we were already classified as a national firm several years ago. I believe this solidifies it. Also, entering the Top 10 and nearing revenue of $1bil is a big milestone for our firm’s growth. As reference, we were number 17 with revenue of $300mil when I joined the firm in 2013.

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Seems that a lot of mid tier firms based in Chicago and NYC are trying to grow their presence on the west coast, either through new offices or acquisitions. It’s cool that it will put them in the top ten biggest firms domestically, but ultimately I think they will still be labeled as “one of those mid tier firms below GT/RSM/BDO”

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I get it. Facebook had significant growth by acquiring instagram, wechat, etc and then building on those economies-of-scale and synergies. BT plans to do the same with this. I agree, our Chicago office didn’t transform overnight for this. Nationally, we now have more resources. I’ve been on proposals where the client ultimately wanted a firm with national offices to serve their various satelite companies and now we have that.

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What is a baker tilly?

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Merging with Squar Milner for the lazy.

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Wonder if they're kicking around BTSM as a new name...or just tying each other up and spanking each other.

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I have no thoughts on this topic

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Deloitte probably laid off more people

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I worked at Deloitte years ago and enjoyed my time there. Sad that they had to cut so many.

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Baker Squar (BS) has a nice ring to it

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I didn’t hear about it until now. I never heard of the other firm

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Who are they merging with?

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Interesting firm name

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I understand the business side of the merger but why do people think that merging actually puts you in the top 10 realm? It's artificial growth and not actually true to the firm's real performance and presence. These metrics are slightly skewed and I would not be surprised if Baker Tilly is still passed over as the firm of choice for lower ranked firms

It likely will make them a top 10 firm going forward but just like most M&A transactions, it will take time to gain efficiency and traction as a combined entity.

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