Firm Management
Wipfli Merges In Michigan CPA Firm Clayton & McKervey
Effective Sept. 1, more than 90 shareholders and associates from Clayton & McKervey will join Milwaukee-based Wipfli.
Jul. 19, 2023
Top 20 accounting firm Wipfli is combining with Southfield, MI-based CPA firm Clayton & McKervey, effective Sept. 1. Clayton & McKervey is the 259th biggest accounting firm in the U.S. by revenue, reporting nearly $16.4 million during its most recent fiscal year, according to INSIDE Public Accounting.
Once the transaction is completed, more than 90 shareholders and associates from Clayton & McKervey will join Milwaukee-based Wipfli’s workforce of approximately 3,200 professionals.
“[Clayton & McKervey’s] strong reputation and business approach in accounting, audit, tax, and consulting will be a great fit at Wipfli,” Wipfli Managing Partner Kurt Gresens said in a press release. “Their deep bench in helping startups and multinational companies based in the U.S. and abroad will help us connect with a broader client base, enabling us to introduce a larger range of consulting services, including digital, cybersecurity, cloud computing, and outsourced accounting services. Working together, we’ll be well-positioned to support them.”
Established in 1953, Clayton & McKervey is a full-service public accounting firm specializing in tax, assurance, accounting, and consulting services for clients, both in the U.S. and overseas, in several industries, including manufacturing and distribution, industrial automation, architecture, and engineering, among others. The firm has a reputation for helping foreign-owned companies expand to the U.S. and helping U.S. entities expand abroad. Clayton & McKervey’s reach includes North America, Europe, South America, Asia, Australia, and the United Kingdom.
“Wipfli’s focus on building relationships with clients aligns well with Clayton & McKervey culture,” said Clayton & McKervey President Rob Dutkiewicz. “Just like Wipfli, we’re dedicated to fostering the growth of our team and the companies they work with while operating at the highest level of integrity.”
“Clayton & McKervey was sought after by numerous suiters but selected Wipfli for the culture connections and strategic fit with middle-market and high-net-worth clients,” added Allan Koltin, CEO of Koltin Consulting Group, who advised both firms on the combination. “They also saw huge growth opportunities for their younger talent and leaders.”
As part of the deal, Wipfli will now have an office located in Michigan. The firm has offices in 17 other states and one office in Washington, DC.