Aprio has announced the acquisitions of Chicago-based accounting companies KRD and Burkett & Beattie (B&B) for an undisclosed sum.
Through the acquisitions, the US-based business advisory and accounting firm aims to expand its footprint in the Midwest.
KRD offers a broad array of business strategies and client services, audits, reviews and compilations, financial, retirement and estate planning, accounting and software consulting, tax strategies and preparation, and business valuation services.
The firm specialises in serving high-net-worth families, businesses, and organisations. KRD joins Aprio with nearly 110 partners and professionals.
KRD managing partner Jon Segal will serve as Aprio’s Midwest regional leader and head of its Chicago and Schaumburg offices.
Segal said “By joining forces with Aprio, we gain access to a broader network of top talent, innovative technologies, and solutions, while preserving KRD’s unique qualities and personalised approach that has set us apart in the marketplace.
“Over the past four years, Aprio has supported us with a wealth of services and knowledge, enabling us to better serve our clients. Our positive experiences and long-standing relationship with Aprio’s professionals made this the logical next step to strengthen and grow our firm.”
Founded in 1998, Burkett & Beattie specialises in accounting and tax services for small and growing businesses across industries such as health clubs, market research, and veterinary hospitals.
Led by managing partners Sandra Burkett and Christopher Beattie, the firm comprises 10 professionals with expertise in private client services, business consulting, trusts, and individual tax planning.
The acquisitions of KRD and B&B come on the heels of Aprio’s recent expansions in Los Angeles and Denver, including the acquisitions of Kirsch Kohn & Bridge, Elite Tax & Accounting, and Pontiff + Associates.
Established in 1952, Aprio provides professional services under its Aprio and Aprio Advisory Group brands, supporting clients in the US and over 50 countries.
The firm’s services are designed to help businesses manage risk, drive growth, protect wealth, and achieve strategic objectives.
Aprio CEO Richard Kopelman said: “We are pleased to expand our footprint into the greater Chicago area and tap into one of the country’s fastest-growing business hubs.
“KRD and Burkett & Beattie have a proven track record as trusted business advisors across the Midwest. This strategic alignment underscores our commitment to investing in and scaling our business for the advancement of our valued clients and team members.”