Baker Tilly completes acquisition of Seiler LLP to expand Bay Area presence
May 16, 2024•over 1 year ago
Acquiring Company
Baker Tilly
Acquired Company
Seiler LLP
Description
Leading advisory CPA firm Baker Tilly US, LLP has announced its acquisition of accounting and advisory firm Seiler LLP, effective July 1. This move represents Baker Tilly's commitment to expanding its footprint in the San Francisco Bay Area, reinforcing its dedication to delivering unparalleled service to family offices and ultra-high-net-worth clients.
M&A Insights
Based on deal dataIntegration 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