Clifton Gunderson: Acquires Los Angeles-based Durkin Forensic, Inc.

Media Contact:

Jen Dirks, Communications Director

(414) 690-5578

Jennifer.Dirks@cliftoncpa.com

MILWAUKEE, Wis. (December 22, 2010) – Clifton Gunderson, ranked as one of the nation’s largest certified public accounting and consulting firms, today announced it has acquired Durkin Forensic, Inc. – a forensic accounting firm based in Los Angeles, Calif., focusing on fraud and fraud-related issues. The acquisition is effective January 1, 2011.

“Durkin Forensic is a nationally-recognized firm and its experts have earned a solid reputation for providing quality work and expertise within the forensic accounting and fraud investigation arenas. We look forward to combining these talents with our national Valuation and Forensic resources and expertise to further expand our capabilities in this practice area,” said CEO Kris McMasters.

Through this combination, Ronald Durkin will join Clifton Gunderson as partner and its National Practice Leader of Fraud and Misconduct Investigations. Durkin has more than 35 years of forensic investigation and bankruptcy experience – including more than 10 years as a special agent with the FBI. He founded Durkin Forensic, Inc. in 2008, and will continue to play an integral leadership role within Clifton Gunderson’s Valuation and Forensic Services (VFS) practice in building business for the combined firms.

“Ron has diverse fraud and forensic experience and a demonstrated track record of providing outstanding quality service to clients and referral sources. These qualities will be great additions as we work to grow our firm for the future,” said Yassir Karam, Managing Partner of the firm’s VFS practice. “We are eager to leverage Ron’s experience and leadership to further enhance and develop our VFS practice.”

In addition, all Durkin Forensic professionals will join Clifton Gunderson.

“We are excited about the tremendous network of resources offered by Clifton Gunderson,” said Durkin. “With Clifton Gunderson’s strong national presence and its valuation and forensic expertise across the country, joining our two firms provides us the opportunity to enhance the value we provide to our clients and referral sources.”

This is the sixth merger and acquisition announcement for Clifton Gunderson since May 2010. Earlier this year, the firm announced it had acquired St. Louis, Mo.-based Humes & Barrington, Philadelphia, Penn.-based Stockton Bates, Evanston, Ill.-based U.S. Tax Advantage, the former BKD office in Merrillville, Ind., and most recently, Farrell & Associates in Rockford, Ill. Combined the six mergers and acquisitions account for 136 new employees and six new geographic locations for Clifton Gunderson.

About Clifton Gunderson

Clifton Gunderson, ranked as one of the nation’s largest certified public accounting and consulting firms and the largest U.S. member firm of HLB International, provides a wide range of assurance, tax and consulting services to clients in a variety of industries. Founded in 1960, Clifton Gunderson has a staff of more than 1,700 professionals serving clients from 47 offices across the country. Clifton Gunderson, and the separate and independent member firms of HLB International, provides personal and high quality service to clients in over 100 countries through the HLB International “Global Care” approach. For more information about Clifton Gunderson, visit http://www.cliftoncpa.com.