Effective June 1, Wipfli, a Top 20 firm based in Milwaukee, has merged with Mueller Prost, a regional leader based in St. Louis.
Wipfli, a Top 20 Firm based in Milwaukee, has merged with Mueller Prost, a regional leader headquartered in St. Louis, effective June 1. Wipfli, which was founded in 1930 and is based in Milwaukee, Wisconsin, has about 2,900 staff and 84,000 clients.
Wipfli's footprint will extend to Missouri and Southern California as a result of the transaction, while its staff base in India will grow. All 221 Mueller Prost associates, including 21 partners, will join Wipfli as part of the acquisition. After the merger, Wipfli will have over 2,900 associates and roughly 300 partners.
With $401.81 million in annual revenue, Wipfli was ranked 19th on Accounting Today's Top 100 Firms list for 2021. With $24.8 million in annual revenue, Mueller Prost was placed 18th among the Midwest Regional Leaders.
Mueller Prost was founded in 1983 and now serves over 4,300 clients in 47 states with tax, audit and assurance, and business advisory services.
Wipfli offers specific experience in the healthcare, manufacturing and distribution, nonprofit, construction, and real estate industries, similar to Mueller Prost. Wipfli also caters to financial institutions, governments, private equity, financial services, tribal gaming and government, agriculture, and dealerships.
Offshore staffing reduces the operational costs by over 50% and provides you access to a global talent pool.
- Due to the enormous talent pool available, both firms are trying to increase their employee force in India.
- Currently Wipfli has over 200 employees and Muller Prost has 50+ employees in India.
- Big 4 and large accounting firms like EisnerAmper, Aprio cloud, BDO, Citrin Cooperman, Baker Tilly, UHY, MBAF have their own delivery centers in India are really betting big time on their global delivery centres in India especially post pandemic.
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