Top 10 accounting firm CLA (CliftonLarsonAllen) has acquired Ronald Blue & Co., an Atlanta-based firm that has provided tax, audit, and advisory services to clients for more than 45 years.
Financial terms of the deal were not disclosed.
“CLA continues to look for opportunities to have exceptional firms like this join us and grow our overall portfolio. Their mix of nonprofit and privately held business clients align with the type of clients we currently serve on a daily basis at CLA,” Scott Engelbrecht, chief geographic officer for CLA, said in a statement.
With offices in Atlanta, Tempe, AZ, Knoxville, TN, and Santa Ana, CA, Ronald Blue’s approximately 80 employees and eight partners were expected to join CLA on May 1. Founded in 1979, Ronald Blue has a diverse and vast client base that includes privately held businesses, nonprofits, musicians, entertainers, and more.
“Becoming part of CLA is a tremendous opportunity not only for the entire team at Ronald Blue & Co. CPAs, but for the thousands of clients who rely on our specialized services,” said David Hogan, managing partner of Ronald Blue. “We have similar values and share a common focus on serving families, small businesses, and nonprofit organizations. And now, with access to the entire CLA national footprint, we can bring even more resources to bear for our clients.”
CLA has more than 130 offices across the country, along with its presence globally. With nearly 9,000 professionals, CLA provides audit, accounting, wealth management, digital, and tax services to its more than 200,000 clients.
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