Wipfli acquires Illinois accounting firm

Milwaukee accounting firm adds another Chicago office

Rick Dreher

Last updated on July 2nd, 2019 at 09:19 am

Milwaukee-based accounting and consulting firm Wipfli LLP has acquired Northbrook, Ill.-based accounting firm Steinberg Advisors Ltd., effective Jan. 1.

Rick Dreher

Steinberg’s services include audit, tax and management consulting for individuals and businesses. It has 50 employees, all of whom will become Wipfli employees and continue working out of that branch. Seven of its shareholders, including founder Irwin Steinberg, will become partners at Wipfli.

“Steinberg Advisors is a natural fit with Wipfli. Their culture and the services they provide complement Wipfli’s broad range of services,” said Rick Dreher, managing partner of Wipfli LLP. “This combination will add to the depth of our resources in the Chicago area.”

Wipfli, which offers assurance, accounting, tax and consulting services, now has about 1,500 employees, including 181 partners, at 32 U.S. offices and two offices in India. Three of its offices are now in the Chicago market, where the firm has been expanding its presence.

“Steinberg Advisors is pleased to join Wipfli,” said Gary Shutan, managing partner at Steinberg Advisors. “This will be a great combination of two strong firms that will position our firm to provide expanded services to our clients while continuing to provide the personal attention and exceptional client service they expect from our firm.”

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Molly Dill, former BizTimes Milwaukee managing editor.

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