Firm Management
McGladrey Acquires Battelle Rippe Kingston LLP
The accounting firm of McGladrey LLP will acquire the assets of Battelle Rippe Kingston LLP, a Certified Public Accounting firm offering services in the fields of assurance, tax and consulting in Southwest Ohio. The closing is expected to occur on Nov. 1,
Sep. 16, 2014
The accounting firm of McGladrey LLP will acquire the assets of Battelle Rippe Kingston LLP, a Certified Public Accounting firm offering services in the fields of assurance, tax and consulting in Southwest Ohio. The closing is expected to occur on Nov. 1, 2014.
The transaction provides McGladrey with a presence in Dayton, Cincinnati and Troy, along with its already strong and growing offices in Cleveland and Columbus, making the firm the leading provider of assurance, tax and consulting services focused on the middle market in Ohio.
“By joining forces with Battelle Rippe Kingston, McGladrey has the opportunity to truly own the middle market in Ohio with offices across the state,” said Joe Adams, managing partner and CEO of McGladrey. “The depth and breadth of our combined Ohio practice will be a major force in the market, creating opportunities for our clients and our people. We look forward to welcoming the Battelle Rippe Kingston team and benefitting from their more than 140 years of combined experience in the state of Ohio.”
McGladrey and Battelle Rippe Kingston share a client-centric approach to doing business with a focus on building enduring, trusted relationships.
“As a longstanding member of the McGladrey Alliance, we believe that this transaction is the logical next step in our evolution as a firm and the culmination of our strategy to provide our clients and people with new opportunities for growth,” said Charles M. Foley, managing partner of Battelle Rippe Kingston. “McGladrey’s focus on the middle market and approach to client service are very similar to ours. We look forward to providing the same high-quality service our clients have come to expect from us with the added benefit of expanded services, capabilities and expertise we will gain as part of McGladrey.”
All 13 of Battelle Rippe Kingston’s partners will join McGladrey as leaders of Southwest Ohio, including Foley who will assume a role on McGladrey’s Great Lakes leadership team.
McGladrey Dayton will be located in the existing Battelle Rippe Kingston offices at 2000 West Dorothy Lane. An additional office in neighboring Troy will be located at 405 Public Square, Suite 237. McGladrey Cincinnati will be located at First Financial Center at 255 E. Fifth Ave.
“This merger was very strategic for McGladrey in terms of the Great Lakes region and Ohio,” said Allan D. Koltin, CEO of Koltin Consulting Group, who advised Battelle Rippe Kingston on the merger. “I wouldn’t be surprised to see McGladrey have another acquisition in the Cleveland-Columbus market in the near future as they are very committed to building out this state.”
“Battelle Rippe Kingston is a new breed of firm that had the talent and youth to continue on as an independent firm for many years but saw the strategic value of additional services and expertise that they could provide for their clients as well as the career growth opportunities for their people”.