Press Contacts
Rick Dreher
920.662.2850
rdreher@wipfli.com
Liz Stabenow
701.239.8686
estabenow@eidebailly.com
MILWAUKEE, WISCONSIN and FARGO, NORTH DAKOTA (February 23, 2012) – Executives of Wipfli and Eide Bailly, two prominent accounting and consulting firms that rank among the largest in the country, today announced the firms would not complete a proposed merger. The firms decided not to proceed with the proposed merger and will continue to operate as separate CPA firms.
Eide Bailly managing partner and CEO Jerry Topp and Wipfli managing partner and CEO Rick Dreher said the firms decided to amicably discontinue merger discussions, because they could not come to an agreement on key terms.
“We have tremendous respect for Eide Bailly, its partners and staff,” said Wipfli’s Rick Dreher. “In the end, each firm decided it was more appropriate to remain independent.”
Eide Bailly’s Jerry Topp said, “Wipfli and Eide Bailly are two very successful firms serving distinct markets. We were friendly competitors before, and we will continue to be friendly competitors in the marketplace as we move forward.”
About Wipfli LLP
Milwaukee-based Wipfli, LLP is multi-discipline professional services firm of 138 partners, 1000 associates, 20 U.S. offices (two in India) and six industry practices. Wipfli is also an independent member of PKF International Limited, the tenth largest global accounting network in the world. Wipfli is a trusted business advisor to more than 30,000 clients including: manufacturers, construction companies, contractors and developers, real estate companies, health care organizations, financial institutions, insurance companies, nonprofit organizations, units of government, dealerships, and individuals. The firm serves businesses of various sizes, from large public and private companies, to closely held family-owned businesses. Wipfli helps clients streamline processes, improve performance, leverage the technology, or increase financial success, offering innovative, effective, and personalized services to help clients overcome their business challenges today and plan for tomorrow
About Eide Bailly LLP
Fargo-based Eide Bailly LLP is a regional certified public accounting and business advisory firm with diverse talents, industry experience and service specialties. Clients are served from 19 service centers in nine states, including Phoenix, Ariz.; Boulder, Denver, Golden, Grand Junction, Frisco, Vail, Colorado; Boise, Idaho; Dubuque, Iowa; Norman, Oklahoma City and Tulsa, Okla.; Mankato and Minneapolis, Minn.; Billings, Mont.; Fargo and Bismarck, N.D.; and Sioux Falls and Aberdeen, S.D. As stated in the August 2008 issue of Public Accounting Report, our Firm is the 24th largest CPA firm in the nation. Clients benefit from our core services of assurance and tax, as well as our expanded services, including accounting services, employee benefits, enterprise risk management, financial services, forensic and valuation, technology consulting, training & development, transaction services and wealth management.
