Baker Tilly Acquires Accttwo, The Leading Sage Intacct Partner

Sep 01, 2021•almost 4 years ago

Acquiring Company

Baker Tilly

Acquired Company

Baker Tilly

Chicago

ChicagoConsultingFinanceConsultingFinance

Description

Baker Tilly US, LLP (Baker Tilly) announces the acquisition of AcctTwo Shared Services, LLC (AcctTwo). The move amplifies Baker Tilly’s robust product development capabilities and extensive digital practice. The acquisition will be effective Oct. 1.

Company Information

Company

Baker Tilly

Location

Chicago, Illinois, United States

About

Baker Tilly is a leading advisory CPA firm, providing clients with a genuine coast-to-coast and global advantage in major regions of the U.S. and in many of the world’s leading financial centers. The firm is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 145 territories, with 41,000 professionals and a combined worldwide revenue of $4.7 billion.

M&A Insights

Based on deal data

Integration timeline

70% of M&A integrations take 12-24 months to complete

Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

Success factor

M&A deals with strong technology integration plans are 2.5x more likely to succeed

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Baker Tilly Acquires Accttwo, The Leading Sage Intacct Partner

Description

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