Strategic combination strengthens Bay Area presence with family offices and ultra-high-net-worth clients.
Baker Tilly US, LLP has announced the acquisition of accounting and advisory firm Seiler LLP, effective July 1. This move represents Baker Tilly's commitment to expansion in the San Francisco Bay Area, reinforcing its dedication to delivering unparalleled service to family offices and ultra-high-net-worth clients.
With a 65-year legacy, Seiler has established itself as an iconic advisory, tax and accounting services provider with deep roots in the Silicon Valley and the San Francisco Bay Area. Seiler's reputable work serving ultra-high-net-worth individuals, families, closely held enterprises and nonprofit organizations across the country strengthens Baker Tilly's expertise in this space and its dedication to delivering tailored solutions and fostering enduring client relationships. Seiler's legacy speaks volumes about its expertise and influence, making it a natural choice for Baker Tilly as it seeks to bolster its Bay Area presence and capabilities.
"The Bay Area market is a major business incubator on the West Coast and an international connection point," said Baker Tilly Bay Area Managing Partner Lynette Stolarzyk. "Our combination with Seiler will enable us to continue growing and injecting innovation, value creation and an elevated customer experience in this pivotal market."
Seiler CEO George Marinos will become Baker Tilly's Regional Tax Leader – Western U.S., succeeding Gabe Torre who will step into the role of Managing Partner – Western U.S. This change comes as Steve Milner, with an illustrious 35-year career at Baker Tilly and Squar Milner, retires. Seiler Partner Ron LaVelle will assume the role of Baker Tilly Private Wealth practice leader.
"This combination will provide expansive resources, opportunities, technical expertise and service lines that will be of immense benefit to clients and employees as well as a dynamic platform for smart, tactical growth," said Marinos. "Baker Tilly shares our vision and bullishness for what is possible. In short, we are all in."
"With Seiler now part of our team, Baker Tilly solidifies its standing as a premier firm in the Bay Area," said Baker Tilly Western U.S. Managing Partner, Steve Milner. "It has been an honor leading Baker Tilly on the West Coast, and I am extremely proud of our team, the growth we've achieved and our firm's prospects for the future."
Following Baker Tilly's recent transformative strategic investment from Hellman & Friedman and Valeas Capital Partners, the acquisition of Seiler marks a significant step forward. "This combination continues our strong track record of growth and underscores our dedication to innovation, delivering unparalleled client experiences and building the country's preeminent midmarket advisory CPA firm," said Jeff Ferro, Baker Tilly CEO.
As the 10th largest CPA firm in the U.S., Baker Tilly brings a wealth of opportunities to Seiler's team members, emphasizing a shared vision of excellence and professional development. Together, the firms will continue to preserve Seiler's unique expertise and client experience while charting a pathway for future success and growth.
SOURCE: Baker Tilly US, LLP
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