Aprio Strengthens Its Position in the Midwest with Strategic Firm Acquisitions

Aprio Expands Its Presence in the Midwest

Aprio, ranked as the 25th largest business advisory and accounting firm in the United States, is making significant strides by expanding into the Midwest region. The firm recently announced its strategic acquisitions of two prominent accounting companies based in Chicago: KRD, Ltd. and Burkett & Beattie, Inc. This move not only opens up new markets for Aprio but also reinforces its commitment to growth across the U.S.

A Stronger Midwestern Market Presence

Richard Kopelman, CEO of Aprio, expressed the firm’s excitement about penetrating the greater Chicago area, highlighting it as one of the fastest-growing business hubs in the country. Both KRD and Burkett & Beattie have established themselves as trusted advisors in the region, making this alignment a pivotal step in Aprio's expansion strategy.

KRD, Ltd. is a well-respected firm known for providing a range of financial services including wealth planning, assurance, tax consulting, and outsourced accounting. With nearly 110 professionals, KRD has built a solid reputation serving high-net-worth individuals, businesses, and organizations. The firm will continue to operate under its own branding while integrating into Aprio’s larger network. Jon Segal, the managing partner of KRD, has stepped into the role of regional leader for Aprio in the Midwest, alongside overseeing its Chicago and Schaumburg offices.

Segal stated, "Collaborating with Aprio allows us to leverage a broader network of talent and innovative technologies while maintaining our personalized service approach that differentiates us in the marketplace." With their extensive experience over the last four decades, KRD aims to enhance its service offerings while furthering its client engagement through this partnership.

Focus on Growth and Innovation

Similarly, Burkett & Beattie, Inc. brings its expertise in full-service accounting and tax services, focusing primarily on small and growing businesses across diverse industries, especially health clubs and marketing research. This firm embodies a commitment to developing robust relationships with its clientele, and the partnership with Aprio is viewed as a promising opportunity for growth.

Managing partners Sandra Burkett and Christopher Beattie emphasized that this collaboration is about more than just the expansion of services; it’s about synergistically growing together with Aprio. The duo expressed confidence that by being part of Aprio, their employees would gain better career development opportunities and access to a wider array of clients and industries.

Russ Best of Whitman Transition Advisors offered advisory support during this acquisition, commenting, "Aprio's innovative approach and proven track record in the industry make it a perfect match for KRD and Burkett & Beattie." This collaboration marks a significant commitment to providing clients with highly tailored solutions, enhancing value, and focusing on growth.

A Growing National Footprint

Aprio is not stopping here. The acquisitions of KRD and Burkett & Beattie follow several recent strategic expansions, including the acquisitions of Kirsch Kohn & Bridge in Los Angeles and Pontiff + Associates in Denver. These decisions underscore Aprio’s relentless pursuit of scaling its business across various markets to offer innovative solutions that meet the evolving needs of clients.

Through these acquisitions, Aprio is enhancing its services and demonstrates a strong commitment to its clients and professionals. The firm’s dedication to providing unparalleled advisory services continues to position it as a leader in the accounting landscape, aptly reflecting its core mission: helping businesses and individuals achieve what’s next.

About Aprio

Founded in 1952, Aprio has earned the trust of clients across the U.S. and in over 50 countries. As a premier business advisory and accounting firm, Aprio Advisory Group delivers a wide range of services from audits and compliance to tax strategies and private client services. With a team of more than 2,000 professionals spanning various industries, Aprio is dedicated to building value, driving growth, and protecting client assets in a rapidly changing business environment.

As Aprio forges ahead with its expansion strategies, its partnerships with KRD, Ltd. and Burkett & Beattie, Inc. signal a new era of innovation and client service in the Midwest, setting the stage for further successes in the future.